11 research outputs found

    Measuring and interpreting the effects of a public-sector-led urban renewal project on housing prices - An empirical study of a comprehensive development area zone developed upon 'taking' in Hong Kong

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    Statutory zoning, as a regulatory tool, is generally considered as a means to introduce and maximize positive externalities and to preempt and internalize negative externalities; thence the land value of the regulated land and its immediate neighbourhood is enhanced. Yet, empirical evidence of the effects of zoning on land values has been conflicting. This paper empirically evaluates the panel data for a district in which two large-scale commercial properties have been developed in a comprehensive development area (CDA) statutorily rezoned from commercial/residential status on land taken by compulsory purchase by a public urban renewal agency in Hong Kong. A price gradient analysis is used to test the effects of such rezoning. The results show that the effect of the new CDA zoning on the prices of housing surrounding the CDA is uncertain. The Pigovian argument for the positive effect of zoning is therefore refuted as a justification for the zone under investigation, and the meaning of the finding for urban renewal planning is discussed. Some urban design factors that may have contributed to the failure of the projects are also discussed. © 2007 a Pion publication printed in Great Britain.link_to_subscribed_fulltex

    Retro-commissioning for buildings : problems and the way forward for a policy research study

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    World Building Congress 2022, 26-30 June 2022, Melbourne, Australia202212 bcvcVersion of RecordPublishe

    Automatic mechanism and kinetic model generation: a perspective on best practices, recent advances, and future challenges

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    Automatic Mechanism and Kinetic Model Generation for Gas- and Solution-Phase Processes: A Perspective on Best Practices, Recent Advances, and Future Challenges

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    Azaindolizine Systems Having More Than One Nitrogen Atom in the 6-Membered Ring

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