The role of negotiated developer obligations in financing large public infrastructure after the economic crisis in the Netherlands

The economic crisis that started in 2009 has negatively impacted in the Netherlands the available financial resources for urban development. Dutch municipalities struggle since then with falling local financial sources, especially since active public land policy, traditionally an important additional financial source, became not so profitable anymore. One supposed effect is the limited degree to which municipalities can nowadays finance public infrastructure that serves wider areas, thus more than one specific development site (i.e. large' public infrastructure). Until now, however, there are... Mehr ...

Verfasser: Gielen, Demetrio Munoz
Lenferink, Sander
Dokumenttyp: Artikel
Erscheinungsdatum: 2018
Reihe/Periodikum: Gielen , D M & Lenferink , S 2018 , ' The role of negotiated developer obligations in financing large public infrastructure after the economic crisis in the Netherlands ' , European Planning Studies , vol. 26 , no. 4 , pp. 768-791 . https://doi.org/10.1080/09654313.2018.1425376
Schlagwörter: Infrastructure finance / public value capture / developer obligations / exactions / planning obligations / urban development / PLANNING-GAIN / LAND-DEVELOPMENT / DUTCH / POLICY / EXPERIENCE / GOVERNANCE / AGREEMENTS / SYSTEMS / MARKET / UK
Sprache: Englisch
Permalink: https://search.fid-benelux.de/Record/base-29192261
Datenquelle: BASE; Originalkatalog
Powered By: BASE
Link(s) : https://hdl.handle.net/11370/be4ec390-35b4-44a9-94a6-d3d203bee01b

The economic crisis that started in 2009 has negatively impacted in the Netherlands the available financial resources for urban development. Dutch municipalities struggle since then with falling local financial sources, especially since active public land policy, traditionally an important additional financial source, became not so profitable anymore. One supposed effect is the limited degree to which municipalities can nowadays finance public infrastructure that serves wider areas, thus more than one specific development site (i.e. large' public infrastructure). Until now, however, there are no data available that support this claim. In this paper, we explore this and the role that developer obligations can play as an alternative, compensating financial source. Developer obligations are in many countries a growing popular public value capturing instrument, but in the Netherlands, a relative new phenomenon. On the basis of surveys, interviews and policy analysis, we conclude that at least a quarter of Dutch municipalities use developer obligations to obtain financial sources for large infrastructure. This seems, however, so far not to compensate for the diminishing of other municipal financial sources. The paper ends with some speculation about the future evolvement of developer obligations in the Netherlands.