Developers and Investors to Focus on the Economic Benefits of Green Spaces
My case studies are located in Switzerland and the Netherlands, as two countries where building land is scarce, and most municipalities aim to grow through urban densification. During my research, I learned that both public and private actors involved in urban development understand the importance of integrating green spaces. However, while planners aim for improving the overall environmental quality, ensuring public acceptance, and providing access to public green spaces, developers and investors often focus on the economic benefits of green spaces.
My research led to four key findings:
- Private landownership reinforces the economic interests behind urban development. If densification is carried out by profit-oriented actors, it is more likely that green spaces are developed as exclusive amenity supporting the economic interests behind the densification project.
- Municipal planning authorities have a crucial role in securing urban greening goals during densification. While private landownership limits the capacity for planners to intervene, planners can act strategically and cleverly use a combination of instruments to achieve urban greening.
- The use of publicly-owned land in the context of active land policy is highly effective to achieve policy goals, as it allows the public actor to steer urban development through its own property rights.
- The role of commoning and urban commons can help to shift the logics of urban development away from economic interests, towards more inclusive outcomes. Urban commons can help to achieve both housing affordability and inclusive green spaces in the context of urban densification.