IDEAS home Printed from https://ideas.repec.org/a/bla/presci/v62y1987i1p81-92.html
   My bibliography  Save this article

The Impact On Development Feasibility Of Containment Policies In Central Business Districts

Author

Listed:
  • William R. Code

Abstract

ABSTRACT In many of the world's large cities it has become common practice to contain the physical dimension of central business district commercial development. These policies are among the must far‐reaching of urban land use planning, but nevertheless have not been subject to systematic evaluation. This paper examines tine component of the impact of the major downzoning within Toronto's downtown. In so doing it provides an example of a method for assessing policy impact on development feasibility in a market economy. It introduces a computerized development feasibility model which enables detailed input of parameters and produces a variety of both before and after tax yields in order to assess the effect of policy on yield, rent, creation cost, and land value. The paper measures the countervailing impacts of density restrictions and containment‐induced rental increases. It also measures the value which the containment strategy in Toronto has given to bonusing and linkage arrangements.

Suggested Citation

  • William R. Code, 1987. "The Impact On Development Feasibility Of Containment Policies In Central Business Districts," Papers in Regional Science, Wiley Blackwell, vol. 62(1), pages 81-92, January.
    • Handle: RePEc:bla:presci:v:62:y:1987:i:1:p:81-92
    DOI: 10.1111/j.1435-5597.1987.tb01055.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1435-5597.1987.tb01055.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1435-5597.1987.tb01055.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. W J Coffey & M Polèse & R Drolet, 1996. "Examining the Thesis of Central Business District Decline: Evidence from the Montreal Metropolitan Area," Environment and Planning A, , vol. 28(10), pages 1795-1814, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:presci:v:62:y:1987:i:1:p:81-92. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=1056-8190 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.