Residential Redevelopment

2021 ◽  
pp. 85-100
Author(s):  
Christopher De Sousa
2016 ◽  
Vol 55 (5) ◽  
pp. 1091-1106 ◽  
Author(s):  
Je-Woo Hong ◽  
Jinkyu Hong

AbstractSince the Industrial Revolution, the geographical extent of cities has increased around the world. In particular, following three decades of rapid regional economic growth, many Asian megacities have emerged and continue to expand, resulting in inevitable short-term urban redevelopment. In this region, the microclimatic impacts of urban redevelopment have not been extensively investigated using long-term in situ observations. In this study, changes in surface sensible heat exchange, heat storage, and anthropogenic heat emissions that are due to urban residential redevelopment were quantified and analyzed on the basis of a 3-yr micrometeorological record from the Seoul, South Korea, metropolitan area. The results show that, following urban redevelopment of compact high-rise residential buildings, 1) the daily minimum air temperature near the ground surface increased by ~0.6 K; 2) the ratio between surface sensible heat and net radiation increased by from ~9% (summer) to 31% (winter), anthropogenic heat emissions increased by from 7.6 (summer) to 23.6 (spring) W m−2, and daily maximum heat storage ranged from 35.1 (spring) to 54.5 (summer) W m−2; and 3) there was a transition of local circulation with changes in the surface properties of heat sources and roughness.


2012 ◽  
Vol 42 (1-2) ◽  
pp. 240-256 ◽  
Author(s):  
John M. Clapp ◽  
Katsiaryna Salavei Bardos ◽  
S.K. Wong

2018 ◽  
Vol 11 (1) ◽  
pp. 71-86 ◽  
Author(s):  
Rolf Barlindhaug ◽  
Berit Irene Nordahl

Purpose This paper aims to investigate whether developers’ ask lower prices on homes in redevelopment sites than they do on similar units in smaller developments completed over a shorter time span. It also investigates whether developers price units differently at different stages of the redevelopment process. The development of designated redevelopment areas often consists of multiple projects spread across several years, some in parallel, some sequential. New units are put on the market in a piecemeal fashion, and infrastructure, shared green spaces and shared facilities are installed successively. Design/methodology/approach A hedonic price model is used to analyse sales prices of 7,000 new apartments in Oslo sold between 2011 and 2015, all else being equal. The paper distinguishes between infill as one-stage projects, and multi-staged competitive and multi-staged monopolistic redevelopments. Findings Dwellings in redevelopment projects sell at a lower price than similar dwellings in infill projects. In competitive redevelopments, those in charge of the last projects put a slightly higher price on apartments. In redevelopments involving only one developer, the last stages ask the lowest prices. Research limitations/implications This research expands our understanding of developers’ pricing behaviour. Developers supplying housing for the private market through redevelopments land are willing to take risks particularly in the initial stage. Practical implications The findings indicate that credit institutions financing developers’ projects need to take into account the structure of selling prices, including lower prices and higher risk of pursuing redevelopment projects. Social implications Gaining a better understanding of developers’ pricing behaviour deepens our insights into the dynamics of market-led urban brownfield developments; this knowledge may moreover inform policies on sustainable urban growth. Originality/value An original investigation of housing transactions in urban brownfield sites in Oslo provides fresh insights into developers’ pricing behaviour.


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