Entrepreneurial Land Redevelopment Approach
Land Readjustment
This course examines and presents processes of designing and implementing land readjustment for urban development in the context of developing countries. The conventional approaches to land assembly for city expansion and renewal are often conflict-ridden. Land readjustment is an alternative land-assembly approach to government compulsory purchase (often referred to as eminent domain) and voluntary market transaction. In the land readjustment process, a public or private agency invites property owners to become stakeholders in a redevelopment project and to contribute their lands to the project as investment capital. In return, each property owner receives a land site of at least equal value in the vicinity of the original site upon project completion. Hence, the method discourages holdouts and minimizes massive relocation of existing residents. After all properties in the district are assembled, the project initiator can re-subdivide land sites and make space for wider roads and other local infrastructure. This approach therefore could reduce the initial capital requirement for compensating landowners during land acquisition for redevelopment.When applying land readjustment at the right time and in the right place, this approach could mediate a major hindrance of land redevelopment in countries that are facing rapid urbanization.
What you'll learn
- Increase your awareness and knowledge of land readjustment as a tool for facilitating urbanization and land redevelopment in developing countries;
- Provide you with techniques and strategies to design and implement land readjustment projects;
- Expose you to selected international experiences of land readjustment; and
- Facilitate cross-fertilization of ideas between you and other global policymakers, practitioners, and scholars who are interested in adopting land readjustment in their home country.
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Length | 5 weeks |
Effort | 5 weeks, 3–5 hours per week |
Starts | On Demand (Start anytime) |
Cost | $99 |
From | Massachusetts Institute of Technology, MITx via edX |
Instructors | Dr. Yu Hung Hong, Yu Hung Hong |
Download Videos | On all desktop and mobile devices |
Language | English |
Subjects | Business |
Tags | Business & Management Architecture |
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Land Services Right of Way $62k
Land Data Analyst $64k
Supervisor Surface Operations Land Agent $64k
Vice Regional President Land Specialist $66k
Land Surveyor / Construction Inspector $79k
Regional Land Surveyor Manager $87k
Supervisor Land Logistics Coordinator $87k
Team Land Administration Specialist Lead $87k
Assistant Land Property Tech $89k
Vice President Land Analyst Manager $101k
Assistant Senior Land Tech $105k
Land Acquisitions Analyst $108k
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Rating | Not enough ratings |
---|---|
Length | 5 weeks |
Effort | 5 weeks, 3–5 hours per week |
Starts | On Demand (Start anytime) |
Cost | $99 |
From | Massachusetts Institute of Technology, MITx via edX |
Instructors | Dr. Yu Hung Hong, Yu Hung Hong |
Download Videos | On all desktop and mobile devices |
Language | English |
Subjects | Business |
Tags | Business & Management Architecture |
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