| Title |
Strategies and Techniques for Large-scale Urban Development Projects : Case Studies on the Battery Park City, New York and the Docklands, London |
| Keywords |
Urban Development ; Public Investment ; Battery Park City ; London Docklands |
| Abstract |
Urban development projects, for which a large amount of public cost is required, should attract enough private investment to repay the public cost and tor give pubic benefits to the surrounding areas. Otherwise, the projects could give an negative impact on the surrounding areas and cause considerable political controversies. These case studies, which analyze the development processes, techniques, and strategies of the two projects in New York and London, suggest that the elements for successful urban development projects include (1) to set clear goals and objectives, which should be coordinated with city-wide policies and established by a broader consensus, (2) to create strategic public investment, which cost should be repaid by private investment to be attracted and generate a vast amount of public benefits, (3) long-term leasing and phasing development, (4) to prepare urban design guidelines agreed upon in the developer selection process. |