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Developer or Land Owner Contributions? Land Value Capture, Creation, Conservation and Compensation

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McAllister, P. (2025) Developer or Land Owner Contributions? Land Value Capture, Creation, Conservation and Compensation. Town Planning Review. ISSN 1478-341X (In Press)

Abstract/Summary

This paper examines developer contributions as a planning policy instrument for capturing land value for communities. Drawing on existing literature, it synthesises theory and develops analytical frameworks to classify land value capture mechanisms, ranging from incidental to explicitly designed. Developer contributions are categorised by their effects on land values and provision of public or merit goods, as enabling, commercial, compensatory, supplementary, redistributive, or subsidised. The analysis highlights challenges in determining who ultimately bears the cost - site owners, nearby landowners, developers, end users, or through unrealised economic rent, subsidies, or combinations thereof - making assessment of value capture complex.

Item Type Article
URI https://centaur.reading.ac.uk/id/eprint/125148
Refereed Yes
Divisions Henley Business School > Real Estate and Planning
Publisher Liverpool University Press
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