This document discusses the concept of value creation, capture, realization, and recycling in land development. It explains that value is created through new development opportunities and increased land values due to population growth and economic development. Value is captured when investment turns into monetary value such as increased land values from public infrastructure investment and changed land use regulations. Value realization involves sharing gains through value capture instruments. Value recycling means resources collected through value capture are used for further local development.
This document discusses the concept of value creation, capture, realization, and recycling in land development. It explains that value is created through new development opportunities and increased land values due to population growth and economic development. Value is captured when investment turns into monetary value such as increased land values from public infrastructure investment and changed land use regulations. Value realization involves sharing gains through value capture instruments. Value recycling means resources collected through value capture are used for further local development.
This document discusses the concept of value creation, capture, realization, and recycling in land development. It explains that value is created through new development opportunities and increased land values due to population growth and economic development. Value is captured when investment turns into monetary value such as increased land values from public infrastructure investment and changed land use regulations. Value realization involves sharing gains through value capture instruments. Value recycling means resources collected through value capture are used for further local development.
Opportunities Increase in land value due to population growth and economic development • Investment is turned into Value Capture monetary value Increase in land value due to public investment in infrastructure and changes in land use regulations Value • Sharing of gains through VC Realization instruments Increase in land value due to landowner’s investment • Resources collected throug Intrinsic Land Value Recycling used for local development Value