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"After decades of evolving practice often tested in court, development impact fees have become institutionalized in the American planning and local government finance systems. But they remain contentious especially as they continue to evolve. This book is the third in a series of impact fee guidebooks for practitioners, following A Practitioner's Guide to Development Impact Fees and Impact Fees: Proportionate Share Development Fees. Proportionate Share Impact Fees and Development Mitigation is the culmination of the authors' careers devoted to pioneering applications of the dual rational nexus test. That test requires (1) establishing the rational nexus between the need for infrastructure, broadly defined, to mitigate the impacts of development and (2) ensuring that development mitigating its infrastructure impacts benefits proportionately. The book elevates professional practice in two ways. First, it shows how the rational nexus test can be applied to all forms of development infrastructure impact mitigation. Second, it establishes the link between professional ethics and equity as applied to proportionate share impact fees and development mitigation. The book is divided into four parts with the first reviewing policy and legal foundations, the second detailing the planning, calculation, and implementation requirements, the third exploring economic, ethical, and equity implications, and the fourth presenting state-of-the-art case studies. Proportionate Share Impact Fees and Development Mitigation sets new standards for professional practice"--

American's landscape is undergoing a profound transformation as demand grows for a different kind of American Dream--smaller homes on smaller lots, multifamily options, and walkable neighborhoods. This trend presents a tremendous opportunity to reinvent our urban and suburban areas. But in a time of fiscal austerity, how do we finance redevelopment needs? In Foundations of Real Estate Development Finance: A Guide for Public-Private Partnerships, urban scholar Arthur C. Nelson argues that efficient redevelopment depends on the ability to leverage resources through partnerships. Public-private partnerships are increasingly important in reducing the complexity and lowering the risk of redevelopment projects. Although planners are in integral part of creating these partneships, their training does generally not include real-estate finacing, which presents challenges and imbalances in public-private partnership. This is the first primer on financing urban redevelopment written for practicing planners and public administrators. In easy-to-understand language, it will inform readers of the natural cycle of urban development, explain how to overcome barriers to efficient redevelopment, what it takes for the private sector to justify its redevelopment investments, and the role of public and nonprofit sectors to leverage private sector redevelopment where the market does not generate sufficient rates of return. This is a must read for practicing planners and planning students, economic development officials, public administrators, and others who need to understand how to leverage public and non-profit resources to leverage private funds for redevelopment.

Literaturverz. S. [251] - 261

The period from 2010 to 2030 will see as sweeping a change to America's metropolitan landscape as the half century after World War II. During the baby boom era, 1946 through 1964, about half of American households were raising children; in 2030, only about a quarter will be. Between 2010 and 2030, the increase in the number of single-person households will be more than double the increase in the number of households with children. A major reason is the aging of the boomers: in 2010, 13 percent of the population will be age sixty-five or over; but by 2030, 19 percent of the population will be. There will be changes in the kind of housing and neighborhoods that households prefer. More than half of all households will prefer housing in neighborhoods that comprise such "urbanity" attributes as transit accessibility; proximity to shopping and restaurants; mixed uses including mixed housing choices; and mixed incomes, ages, and ethnicities. Moving toward this new urbanity will require reconsideration of several policies with roots dating from the baby boom era.

The louder policy analysts complain about using public resources to subsidize the construction of new major league sports stadiums, the more subsidies are made, despite empirical evidence showing that public investments in stadiums to lure or keep major league teams have considerable opportunity costs. Policy analysts should consider shifting the emphasis of their work to evaluate where building stadiums would minimize opportunity costs or maximize economic interactions among locations. This article uses time-series analysis of 25 metropolitan areas to show that in terms of capturing share of economic activity, the best location for professional sports stadiums appears to be the downtown (including the central business district and nearby "edge" areas), followed by other locations in the central city. Suburban locations appear to be associated with the least amount of economic activity. This analysis has broad implications for all major public investments aimed at attracting people to sports, recreation, culture, and public assembly venues.