Financing transit-oriented development with land values : adapting land value capture in developing countries / Hiroaki Suzuki, Jin Murakami, Yu-Hung Hong and Beth Tamayose.

3.1 Maximum domestic floor area ratios for Metroplan area and new towns

Includes bibliographical references and index.

Cover; Contents; Acknowledgments; About the Authors; Abbreviations; Glossary; A; B; C; E; F; G; L; M; N; P; R; S; T; U; Message to City Leaders; Overview; Car-Dependent Urban Development in the Developing World; Development-Based Land Value Capture as a Strategic Apparatus for Transit Financing and Urban Planning; Figures; 0.1 Land values and their attribution; Tables; 0.1 Selected land value capture instruments; Global Good Practices for Development-Based LVC; Maps; 0.1 Hong Kong SAR, China: MTR's operating network and future lines with property developments. 0.2 Hong Kong SAR, China's, land value capture mechanism: Relationships among the government of Hong Kong SAR, China MTR Corporation; and developers; 0.2 The Tokyo metropolitan area; Boxes; 0.1 Integrated land readjustment for Tsukuba Express; B0.1.1 Integrated land readjustment; 0.2 Inclusive urban redevelopment scheme, Japan; B0.2.1 Inclusive urban redevelopment scheme, Japan (hypothetical); Critical Factors for Success in Developing Countries; 0.3 Air rights sales in São Paulo; 0.4 Development rights leases in Nanchang, China. 0.5 Government-led development-based land value capture for India's first metro system in Delhi0.6 World's largest public-private metro project in Hyderabad; Challenges and Risks; Roadmap for Development-Based LVC Implementation through a Gradual Approach; What International Development Financial Institutions Can Do; 0.3 Roadmap for development-based land value capture implementation; Conclusion; References; Part I: Introduction; 1 Development-Based Land Value Capture for Financing Transit-Oriented Development; Car-Dependent Urban Development in the Developing World. Development-Based LVC as a Strategic Financing and Planning Apparatus for Transit and TOD-Related Investments1.1 What is transit-oriented development?; B1.1.1 Key features of the eco-block concept; Objectives, Methods, and Readership; Development Finance Context; Structure of the Book; Notes; References; 2 Theory of Land Value Capture and Its Instruments; Rationale for Land Value Capture (LVC); Transit-Induced Land Capitalization; 2.1 Land values and their attribution; 2.1 Summary of empirical findings of transit-induced land value capitalization; Situating LVC in Urban Transport Finance. 2.2 Application of the beneficiary pays principle to urban transport finance2.3 Beneficiaries of investments and key features of financial instruments; Types of LVC Instruments; Conclusion; Notes; References; Part II: Lessons Learned from Global Development-Based Land Value Capture Practices; 3 Rail Plus Property Program, Hong Kong SAR, China; Urban Development Context; 3.1 Population trends and projections, Hong Kong SAR, China, 1950-2025; 3.1 Urban population density along mass railway transit lines, Hong Kong SAR, China, 2011; Regulatory and Institutional Framework