Developer or land owner contributions? Land value capture, creation, conservation and compensation
Year: 2025
Type: article
Abstract: This article examines developer contributions as a planning policy instrument for capturing land value for communities. Drawing on existing literature, it synthesises theory and develops analytical frameworks to classify land value capture mechanisms, ranging from incidental to explicitly designed. Developer contributions are categorised by their effects on land values and provision of public or merit goods, as enabling, commercial, compensatory, supplementary, redistributive or subsidised. The analysis highlights challenges in determining who ultimately bears the cost – site owners, nearby landowners, developers or end users, whether that is through unrealised economic rent, subsidies or combinations thereof – making assessment of value capture complex.
Source: Town Planning Review
DOI: 10.3828/tpr.2025.42
Author: Pat McAllister
Institution: University of Reading
Language: English
Topic: Urban Planning and Valuation
Subfield: Management, Monitoring, Policy and Law
Field: Environmental Science
Domain: Physical Sciences
Open Access status: green
OpenAlex ID: W4417467290