| Title |
A Case Study of Park Provision Through Land Value Capture |
| Authors |
백동선(Baek, Dong Seon) ; 김수진(Kim, Su Jin) ; 양희진(Yang, Hee Jin) |
| DOI |
https://doi.org/10.5659/JAIK.2026.42.4.187 |
| Keywords |
Private Park Development Program; Land Value Capture; Post-Implementation Evaluation; Park Supply; Sun Shadow |
| Abstract |
Land value capture has gained growing attention in urban planning as a strategic financing mechanism that redirects development gains from
private projects to the public sector. In South Korea, the Private Park Development Program (PPDP) allows limited private development on
park-designated land in exchange for dedicating more than 70 percent of the site as public park space. As a practical application of land
value capture for park provision, this study aims to comprehensively conduct a nationwide analysis of PPDP and to examine how recently
completed projects have implemented urban park creation and non-park facility development. Interestingly, the findings indicate that PPDP has
helped reduce areas with insufficient park supply, easing spatial disparities in urban park provision. Meanwhile, sun-shadow analysis shows
that high-rise development associated with the PPDP may reduce solar access within park areas, suggesting that park environmental quality
depends on design choices and spatial configuration. |