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dc.contributor.authorKumar Jillella, S.
dc.contributor.authorSitharam, T.
dc.contributor.authorMatan, A.
dc.contributor.authorNewman, Peter
dc.date.accessioned2017-08-24T02:23:16Z
dc.date.available2017-08-24T02:23:16Z
dc.date.created2017-08-23T07:21:44Z
dc.date.issued2016
dc.identifier.citationKumar Jillella, S. and Sitharam, T. and Matan, A. and Newman, P. 2016. Emerging value capture innovative urban rail funding and financing: A framework. In Natural Resources Management: Concepts, Methodologies, Tools, and Applications, 1617-1632.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/56301
dc.identifier.doi10.4018/978-1-5225-0803-8.ch077
dc.description.abstract

© 2017 by IGI Global. All rights reserved. Urban rail transit is emerging around the world as a catalyzing developmental solution to enable 21st century sustainable cities. However, these transit systems are capital intensive and cities worldwide are seeking innovative funding and financing mechanisms. Recently, land based value capture (VC) mechanisms have emerged as a pioneering solution to fund urban rail projects. This chapter introduces the VC concept and provides global best practice. The chapter aims to help enhance the understanding and rationale behind VC approaches through assessing the transit impacted accessibility value proposition and various VC mechanisms to capture the value created. A six-step Strategic Value Capture (SVC) framework is proposed which offers a step-by-step guidance to help define the VC based urban rail transit funding and financing processes from VC planning to VC operations.

dc.titleEmerging value capture innovative urban rail funding and financing: A framework
dc.typeBook Chapter
dcterms.source.volume3-2
dcterms.source.startPage1617
dcterms.source.endPage1632
dcterms.source.titleNatural Resources Management: Concepts, Methodologies, Tools, and Applications
dcterms.source.isbn9781522508045
curtin.departmentSustainability Policy Institute
curtin.accessStatusFulltext not available


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