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Land Redevelopment and the Built Environment in Third-Wave Cities: Review and Synthesis

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  • Allen J. Scott

Abstract

I seek to synthesize several different approaches to issues of urban land redevelopment and the built environment. The essay focuses on developments in the third and current historical wave of capitalist development. I describe the economic logic of land-use change with reference to both commercial and residential property. This logic has become intimately intertwined with global finance and this state of affairs has introduced new elements of fluidity and risk into the built environment. Issues of urban policy and the role of municipal authorities in shaping urban land markets are then considered. I describe how local government agencies increasingly pursue development projects in complex partnerships with representatives of the real-estate industry. In the second half of the paper, the overall argument is recast by reference to three important trends in regard to land-redevelopment and the built environment in third-wave cities, namely, the economic and architectural renaissance of central business districts, the widespread gentrification of inner-city neighborhoods, and the emergence of a new post-suburban phase of peripheral urban expansion.

Suggested Citation

  • Allen J. Scott, 2019. "Land Redevelopment and the Built Environment in Third-Wave Cities: Review and Synthesis," Journal of Urban Technology, Taylor & Francis Journals, vol. 26(1), pages 57-81, January.
  • Handle: RePEc:taf:cjutxx:v:26:y:2019:i:1:p:57-81
    DOI: 10.1080/10630732.2018.1537050
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    Cited by:

    1. Fa Tian & Shiying Hou, 2022. "The Impact of Green Finance on Industrial Land Use Efficiency: Evidence from 279 Cities in China," Sustainability, MDPI, vol. 14(10), pages 1-16, May.
    2. Allen J. Scott, 2022. "The constitution of the city and the critique of critical urban theory," Urban Studies, Urban Studies Journal Limited, vol. 59(6), pages 1105-1129, May.
    3. Fagbohun, P. O. & Shotunde, T. O. & Oladiboye, E. O. & Ajaegbo, G. A., 2022. "Reliability of Homeownership Through Self-Build Approach in The Suburban Area of Nigeria Cities," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(8), pages 214-220, August.
    4. Xiaojie Wang & Yi Duan & Pengcheng Liu & Guixin Han, 2020. "The Influence of Housing Investment on Urban Innovation: An Empirical Analysis Based on City-Level Panel Data in China," Sustainability, MDPI, vol. 12(7), pages 1-15, April.
    5. Cao, Kexin & Deng, Yu & Wang, Wenxue & Liu, Shenghe, 2023. "The spatial heterogeneity and dynamics of land redevelopment: Evidence from 287 Chinese cities," Land Use Policy, Elsevier, vol. 132(C).

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