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The Stockholm CBD Renewal 1951–1978: Good Business or Planning Disaster?
KTH, School of Architecture and the Built Environment (ABE), Philosophy and History of Technology, History of Science, Technology and Environment. KTH, School of Computer Science and Communication (CSC), Centres, School of Architecture and the Built Environment (ABE), Centres, Centre for Sustainable Communications, CESC.ORCID iD: 0000-0002-5136-4416
2014 (English)Book (Other academic)
Abstract [en]

Municipal site leasehold was implemented in the post-war renewal of Stockholm’s central business district in order to render the transformation process more efficient and secure the municipality a share in increased land values. The purpose of this study is to analyze the profitability of the project for the municipality. The results indicate real returns of over one percent per annum, which means the project cannot be considered a fiscal catastrophe. Private leaseholders have however benefited most, the lion’s share of land value increments having accrued to the building owners. Municipal site leasehold has not proven to be an effective policy instrument. More flexible instruments need to be designed for regulating the relations between private and public agents in urban renewal.

Place, publisher, year, edition, pages
Stockholm: Urbancity , 2014, 1. , 53 p.1-53 p.
Keyword [en]
site leasehold; urban planning; private-public relationship; mega-project
National Category
Economics and Business
Research subject
Real Estate and Construction Management; History of Science, Technology and Environment; Architecture
URN: urn:nbn:se:kth:diva-147866OAI: diva2:732756

QC 20140708

Available from: 2014-07-05 Created: 2014-07-05 Last updated: 2014-07-09Bibliographically approved

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