Title: Using development rights to acquire land for infrastructure projects in Deep Dives dense urban areas
Language: English
Type: Blog/Article
Nature: Case Study
Published: January 1, 2014
Region: Latin America and Caribbean
Country: Brazil
Keywords: Commercial Value Capture (CVC)
Document Link(s):
Document Summary:
The municipality of Porto Alegre, the capital and largest city in the southern Brazilian state of Rio Grande do Sul, was planning to build a new transit artery connecting 20 neighborhoods across the city, including dedicated lanes for the Bus Rapid Transit (BRT) service.
Document Details:
Innovation
- The municipality acquired 13.2 ha by compensating owners with development rights elsewhere in the city
- Offering additional land to property owners who agreed to terms within 60 days served as an incentive to hasten the process
- Depending on the estimate, transferring development rights reduced land acquisition costs by between 50% and 65% overall compared to traditional acquisition methods
Updated: January 7, 2024