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Sustainable Urban Renewal: The Tel Aviv Dilemma

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  • Asaf Friedman Arch

    (Jack D.Weiler Department of Architecture, Bezalel Academy of Art and Design, Jerusalem, Bezalel St. 1, Jerusalem 94591, Israel)

Abstract

The city of Tel Aviv needs extensive urban renewal projects to answer the demand for housing. The area suitable for such a project is the older southern part of Tel Aviv, made up of small parcels of land with single units. This area has undergone an extreme gentrification process, which makes assembling small parcels into large ones a very difficult task. Owners holding out for higher prices may either prevent or significantly delay socially efficient redevelopment. The only current option for the Tel Aviv Municipality that will lead to efficient land assembly for private redevelopment currently is the option of private entrepreneurship. We wish to describe a mechanism that will solve the hold-out problem and lead to efficiency in land assembly without resorting to the intervention of the government to execute eminent domain. The mechanism requires the municipality to plan the development that will best suit the city, thus allowing the valuation of the parcel to reflect its true price for the owner. If the owners are still reluctant to sell, the municipality can then tax him according to the new value of the land.

Suggested Citation

  • Asaf Friedman Arch, 2014. "Sustainable Urban Renewal: The Tel Aviv Dilemma," Sustainability, MDPI, vol. 6(5), pages 1-11, April.
    • Handle: RePEc:gam:jsusta:v:6:y:2014:i:5:p:2527-2537:d:35631
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    References listed on IDEAS

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    Cited by:

    1. Yetong Mai & Junzhu Wu & Qianying Zhang & Qiqi Liang & Yingying Ma & Zhuojun Liu, 2022. "Confront or Comply? Managing Social Risks in China’s Urban Renewal Projects," Sustainability, MDPI, vol. 14(19), pages 1-19, October.
    2. Jinkun Yang & Eddie C. M. Hui & Wei Lang & Xun Li, 2018. "Land Ownership, Rent-Seeking, and Rural Gentrification: Reconstructing Villages for Sustainable Urbanization in China," Sustainability, MDPI, vol. 10(6), pages 1-17, June.
    3. Chong Peng & Tingzhen Ming & Jianquan Cheng & Yongjia Wu & Zhong-Ren Peng, 2015. "Modeling Thermal Comfort and Optimizing Local Renewal Strategies—A Case Study of Dazhimen Neighborhood in Wuhan City," Sustainability, MDPI, vol. 7(3), pages 1-20, March.
    4. Chong Peng & Chu Li & Zuyu Zou & Suwan Shen & Dongqi Sun, 2015. "Improvement of Air Quality and Thermal Environment in an Old City District by Constructing Wind Passages," Sustainability, MDPI, vol. 7(9), pages 1-21, September.

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