ECONOMICS UNIQUENESS

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TABLE 6.5 Quito Investments in the 2000–05 Period Type Contributions from 2000 2001 2002 2003 2004 2005 Subtotal Projects by type Housing Municipal 34 97 169 16 20 44 380 Private 19 20 51 16 20 44 170 Offi ce Municipal 6 4 5 – 19 28 62 Private 6 3 5 – 19 28 61 Commerce Municipal 13 1,195 29 – 416 28 1,681 Private 12 5 19 – 27 28 91 Parking Municipal 3 27 81 11 13 17 152 Private 3 21 9 11 13 17 74 Project proposals Building permits Surface sq. meters Investment US$ Source: Jaramillo 2011. Municipal 13 35 Number of projects 22 19 19 24 132 Private 10 29 20 17 17 24 117 Municipal 11 17 12 9 13 13 75 Private 8 11 10 7 11 13 60 Municipal 11,445 19,679 21,615 13,384 14,779 7,871 88,773 Private 2,228 4,962 8,000 Investment 5,612 8,608 7,871 37,312 Municipal 735,024 848,163 938,221 1,165,866 1,110,631 – 4,797,905 Private 146,328 393,042 890,151 587,200 1,404,395 1,446,770 4,867,886 174 ■ THE <strong>ECONOMICS</strong> OF <strong>UNIQUENESS</strong>
GOVERNANCE IN HISTORIC CITY CORE REGENERATION PROJECTS ■ 175 FIGURE 6.7 Oaxaca, Quito, Salvador de Bahia, and Valparaiso: Land Uses, 2010 100 90 80 70 60 50 40 30 20 10 0 Source: Author. Oaxaca Salvador Valparaiso Quito residential government and institutions commercial and offices others and mixed Th e fact that the historic city core of Oaxaca retained its main functions and is still the administrative, commercial, and service center of the metropolitan area clearly contributed to the preserved condition of its building stock. Table 6.6 indicates that less than 2 percent of the buildings of the historic city core are in ruins or very poor condition. Th is is the level expected in any dynamic area of a city where the private sector provides and/or maintains residential, commercial, and service space, and the government cares for public spaces and the provision of basic urban services. Th erefore, at least in this respect it can be said that the historic city core of Oaxaca has attained a capacity level of conservation that fi ts the concept of sustainability as defi ned in this chapter. It is also worth noting that the retention of the central functions in Oaxaca is in part due to the willingness of the population and businesses to be housed in older buildings that are not equipped with modern amenities. However, not all actors agree with such decisions: the state administration moved its offi ces to a suburban location allegedly to decongest the historic city core, but also to gain more space in new buildings. It is to be hoped that the inhabitants of Oaxaca will not fi nd the trade-off of comfort for heritage value too taxing in the future. By comparison, more than 12 percent of the buildings in Quito, Salvador, and Valparaiso are in ruins or very poor condition. Th e large size of the historic city core of Quito—encompassing more than 300 hectares— may explain the fact that, in spite of 15 years of well-executed public and private investments, there is still a signifi cant number of buildings in a poor state of
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Public Disclosure Authorized Public
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Th e Urban Development Series discu
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© 2012 International Bank for Reco
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vi ■ CONTENTS Project Appraisal i
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viii ■ CONTENTS Appendix II: Addi
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x ■ CONTENTS 7.4 Tourism Is Coupl
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xii ■ CONTENTS 9.1 How to Organiz
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Exegi monumentum aere perennius reg
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ACKNOWLEDGMENTS ■ xvii Cultural O
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xx ■ OVERVIEW What Are the Object
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xxii ■ OVERVIEW and captures the
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xxiv ■ OVERVIEW periphery, especi
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xxvi ■ OVERVIEW tourism—by impr
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xxviii ■ OVERVIEW 3. Institutiona
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1 Livable Historic City Cores and E
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LIVABLE HISTORIC CITY CORES AND ENA
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2 Investing in the Sense of Place:
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INVESTING IN THE SENSE OF PLACE ■
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0 45° INVESTING IN THE SENSE OF PL
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FIGURE 2.4 continued INVESTING IN T
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A Dubious Alternative: Property Rec
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46 ■ THE ECONOMICS OF UNIQUENESS
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TABLE 4.1 Overview of Hedonic Price
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TABLE 8.1 Local Financial Tools Use
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FIGURE 8.4 Brownfi eld Concession T
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FINANCIAL MECHANISMS FOR HISTORIC C
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Boxes, fi gures, maps, notes, and t
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China. See also specifi c cities ac
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public sector role, 222-26, 223b, 2
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Kraay, A., 198 Kratz, C. G., 96 L l
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Pine Ridge Reservation (U.S.), 238
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Shaoxing, China, local residents re
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urban economics appraisal approach,
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ECO-AUDIT Environmental Benefits St
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ECONOMICS UNIQUENESS

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