“What is Land Value Capture? How is LVC being implemented in cities throughout the U.K.? How is mobility or value capturing implemented in the United States?”
Those and more Value Capturing related questions were point of discussion during the Land Value Capturing inspiration meeting in our new office in The Hague on March 15, 2019.
Thomas Straatemeier (Goudappel Coffeng) opened the day by raising the question: “How to finance urban infrastructure in our growing cities?”. The key note speaker Troy Hayes (Troy Planning) showed the experience with LVC in the U.K.: “The UK is planning for over 25 new villages and new towns to help meet its target of delivering 300,000 new homes per year and is looking to Land Value Capture as a mechanism for delivering the infrastructure required to support these new communities.” And David Blum (University of Washington) discussed examples of financing larger urban infrastructure such as light-rail and the relation with taxing land use in the Sound region, the region of Seattle. Value capture but in a totally different context.
The large interest in this event shows the great relevance of this topic today. Representatives were present of our four largest cities, ministries and metropolitan regions, which led to fruitful discussions with our key-note speakers.
About the Key-note speakers:
Troy Hayes BSc, MSc, AICP, MRTPI
Founder & Managing Director
David Blum, AICP
Affiliate Instructor, University of Washington, Department of Urban Planning and Design
President, Montgomery Gulf Corp.