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A Technical Tool for Urban Upgrading: An Application for Cultural Heritage Preservation and Planning for Affordable Housing

Author

Listed:
  • Chryssy Potsiou

    (School of Rural, Surveying and Geoinformatics Engineering, National Technical University of Athens, 15780 Athens, Greece)

  • Charalabos Ioannidis

    (School of Rural, Surveying and Geoinformatics Engineering, National Technical University of Athens, 15780 Athens, Greece)

  • Sofia Soile

    (School of Rural, Surveying and Geoinformatics Engineering, National Technical University of Athens, 15780 Athens, Greece)

  • Styliani Verykokou

    (School of Rural, Surveying and Geoinformatics Engineering, National Technical University of Athens, 15780 Athens, Greece)

  • Maria Gkeli

    (School of Rural, Surveying and Geoinformatics Engineering, National Technical University of Athens, 15780 Athens, Greece)

  • Maria Filippakopoulou

    (School of Rural, Surveying and Geoinformatics Engineering, National Technical University of Athens, 15780 Athens, Greece)

Abstract

A technical tool to support projects for urban reforms and the implementation of current land policies is presented together with an example for its application in a project concerning the preservation of privately-owned residential buildings listed as “protected” cultural heritage (CH) constructions, urban planning and planning for affordable housing provision. The projects should be based on the voluntary participation of current property owners and an agreement signed between them and the private developer (team of professionals), so that the project will be self-financed through value capture measures to be decided by the state. The application presented here is based on the assumption that the state, by example, has set the rules for an increase in FAR in order to apply affordable housing policy and the preservation of listed CH residential private constructions. The state also provides the rules for identifying the target group of beneficiaries for affordable housing. Current property owners contribute the land, while the developer’s team undertakes all project costs. New property units are shared accordingly with the developer, the current owners and the beneficiaries for affordable housing. No additional public funds for the “affordable housing” units or for expropriation of the protected CH buildings is required.

Suggested Citation

  • Chryssy Potsiou & Charalabos Ioannidis & Sofia Soile & Styliani Verykokou & Maria Gkeli & Maria Filippakopoulou, 2022. "A Technical Tool for Urban Upgrading: An Application for Cultural Heritage Preservation and Planning for Affordable Housing," Land, MDPI, vol. 11(8), pages 1-19, July.
    • Handle: RePEc:gam:jlands:v:11:y:2022:i:8:p:1197-:d:875837
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    References listed on IDEAS

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    1. E.R. Alexander, 2012. "Institutional Design for Value Capture and a Case: The Tel-Aviv Metropolitan Park," International Planning Studies, Taylor & Francis Journals, vol. 17(2), pages 163-177.
    2. Lozano-Gracia, Nancy & Young, Cheryl & Lall, Somik V. & Vishwanath, Tara, 2013. "Leveraging land to enable urban transformation : lessons from global experience," Policy Research Working Paper Series 6312, The World Bank.
    3. George E. Peterson, 2008. "Unlocking Land Values to Finance Urban Infrastructure : Land-Based Financing Options for Cities," World Bank Publications - Reports 10599, The World Bank Group.
    4. George E. Peterson, 2008. "Unlocking Land Values to Finance Urban Infrastructure," World Bank Publications - Books, The World Bank Group, number 6552.
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    Cited by:

    1. Muhammad Adil Rauf & Bruce Frayne, 2024. "Affordable Housing – Challenges and Constraints for Local Governance in Canada," Journal of Sustainable Development, Canadian Center of Science and Education, vol. 17(1), pages 103-103, January.

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