She is renovating the largest urban business park in the Netherlands
She has spent tens of millions of euros and the end is still not in sight. Lisette Nijs is revitalising the largest urban business park of the Netherlands: the Spaanse Polder in Rotterdam. With a team of thirty people, she has to restructure 190 hectares of a business park in decline. And even though she has fifteen years to do the job, she has to work with 700 companies.
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How to finance non-profitable parts
of a restructuring plan?
One of the principles adopted by the ReUrbA² method is the transition of budget orientated planning to value orientated planning. The idea is that when you take into account all the added value that could be reached after restructuring, you could improve the planning process and broaden the scope of investments. For example by investing in sustainability, total investments in the long term could be less because you don't have to re-invest as often. Also, added value could be used to as an instrument to finance non-profitable parts of a plan.
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Expert meeting in Germany
on value orientated planning
ReUrbA² will explore two aspects of value oriented planning, value added budgeting and value capturing . Which instruments could be useful, which organisational measures have to be taken and what can be learned from best practices? |
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In addition, value orientated planning will be the subject of an expert meeting in Saarbrücken in July. This meeting, organised by the Urban Land Institute (ULI), will hopefully deliver a strategy for moving forward with the redevelopment plan for Saarbrücken, by evaluating the finance alternatives, with a focus on 'value added budgeting'.
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From government to governance
The transition from government to governance is creating a new three-cornered relationship in urban regeneration between the government (municipal authorities, urban districts and regions), users (inhabitants, companies in the neighbourhood) and investors (social as well as financial).
How can this be managed?
>>> REURBA METHOD: GOVERNANCE |
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