ECONOMICS UNIQUENESS

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286 ■ INDEX authenticity value, 55–56 Azerbaijan, heritage designations in, 110, 111b B Baaijens, S., 90 Baixa Porto, Portugal, brownfi eld redevelopment in, 226 Baku, Azerbaijan, 110, 111b Bali Heritage Trust (BHT), 148b Bali Urban Infrastructure Project (Indonesia), 148b Baltimore, Maryland, hedonic pricing in, 96 Bamiyan Buddhas (Afghanistan), 57 Bangladesh Forest Resources Management Project, 192b Barcelona, Spain, urban renewal in, 51 Barro, R. J., 209n7 Bartsch, C., 217 Basilique du Sacré-Coeur (Paris), 281n9 Belgium, brownfi eld redevelopment in, 220 Bell, S., 144 bequest value, 53, 82, 147, 156, 253 Berlin, Germany, quality of life ratings for, 280n7 Bern, Switzerland, quality of life ratings for, 280n7 BHT (Bali Heritage Trust), 148b Bilgili Group, 232–33 biodiversity valuation model, 85–87, 86b Bloomberg, Michael, 6 Bluecoat School (Dublin), 9 Bosnia and Herzegovina, brownfi eld redevelopment in, 221b Bourdieu, Pierre, 72n1, 102 Brazil conservation progress in, 152, 155 heritage designations in, 110 Sumidouro project, 229–30, 230f urban renewal in, 51 British National Trust, 147 BROT (build, rehabilitate, operate, and transfer) contracts, 226, 227f brownfi eld redevelopment, 213–43 case studies, 229–30, 230f, 232–33, 235–36, 238 economic development and, 216b impact investments for, 236–38 land value fi nancing for, 230–33 overview, 214–17, 215f private sector investment in public good and, 217–22, 218f, 220f public-private partnerships for, 226–30, 228f public sector role in, 222–26, 223b, 225t urban development funds for, 233–36 Brownfi eld Revolving Loan Fund (BRLF, U.S.), 234 Brownfi elds Beter Benut (Netherlands), 234 Bruges, Belgium, stated preference analysis in, 94 Brundtland Report (“Our Common Future”), 250 Brussels, Belgium, quality of life ratings for, 280n7 Buenos Aires, Argentina, urban renewal in, 51 buff er zones, 112, 262 build, rehabilitate, operate, and transfer (BROT) contracts, 226, 227f building condition, 113, 140n2, 175–76 building permits, 113 Burra Charter (Australia, 1979), 46 business climate fi nancing and, 172 gentrifi cation and, 130, 137–38 business cycle theory, 247 Byrraju Foundation, 237 C cadastral records, 23 Cairo, Egypt, brownfi eld redevelopment in, 219 Caisse des Depots, 220 Canada, heritage designations in, 118, 119–20f, 120 capital stocks, 50, 81 capital theory, 47 carrying capacity of site, 260, 261 Cartagena de Indias, Colombia, historic conservation plan in, 161 Castilla y Leon region, Spain, 95 Cathedral of Notre-Dame (Paris), 281n9 Caticlan Airport (Philippines), 226 Charter for the Conservation of Historic Towns and Urban Areas (1987), 247 CHDDA (Customs House Docks Development Authority), 9–10 Cherif, Reda, 183 Chicago, Illinois, hedonic pricing in, 96–97 Chile building stock condition in, 176t conservation progress in, 155 decision-making process in, 161, 162–67, 163–65f, 167t fi nancing in, 168–73, 169f land uses in, 175f
China. See also specifi c cities access and mobility decisions in, 179b adaptive reuse in, 146b brownfi eld redevelopment in, 226 contingent value estimates in, 84–85b heritage defi ned in, 214 landmarks and historic centers in, 16 local residents retained in upgrading projects in, 133b public-private partnerships in, 226 urban upgrading in, 158b valuation methods in, 92b Chongqing, China, adaptive reuse in, 146b Ciccone, A., 193 Cincinnati, Ohio, heritage designations in, 119 City Hall (Dublin), 9 civil society, 122, 125, 140n8, 161 Cleveland, Ohio, heritage designations in, 119 Coase Th eorem, 64 collateral risk, 218 Collins (Royal) Barracks (Dublin), 9 Colombia brownfi eld redevelopment in, 231 conservation progress in, 155 commercial properties, 114, 121–22 communications infrastructure, 10, 82, 248, 268 community-driven development, 19 community impact analysis, 83–84 Compagnie B. de Rothschild, 220 compensation methods of valuation, 89 competition for investment, 4–5 conjoint choice analysis, 91–92, 94 conservation benefi ts of, 264 framework for, 77 governance mechanism of, 180n4 heritage designations and, 122 policy environment for, 58 construction standards, 38. See also architectural values contingent valuation methods, 53, 91, 92b, 93, 102n1 Convent Garden, London, 255 coordination of brownfi eld redevelopment, 219 failures, 26 need for, 37 of stakeholders, 147–49, 148b, 154t, 166, 178 Copan Ruinas, Honduras, 55b, 80b corporate social responsibility, 219 INDEX ■ 287 corporate sponsorship, 63 cost-benefi t analysis socially optimal preservation and, 31, 34 spatial analysis and, 271 sustainability and, 48 valuation, 80, 80b, 89–91 Council of Europe Development Bank, 221b, 234 creative industries, 4, 5–6, 12 crépissage, 282n21 Croatia, brownfi eld redevelopment fi nancing from, 221b crowding eff ects, 79, 219, 220 Cuba, heritage designations in, 110 Cultural Assets Rehabilitation Project (Eritrea), 216b cultural brownfi elds, 215 cultural capital, 47–51, 72n1 cultural heritage. See heritage Cultural Heritage Support Project (Azerbaijan), 111b culturally sustainable development, 50 Custom House (Dublin), 9 Customs House Docks Development Authority (CHDDA), 9–10 D Dallas, Texas, heritage designations in, 119 DDDA (Dublin Docklands Development Authority), 10 decentralized profi t maximization, 21, 26, 34–35 decision-making process, 161–77 case studies, 162–67 for conservation, 153 fi nancing, 168–73 for governance, 155f, 159, 159f decision support analysis, 83, 89 Declaration on the Conservation of Historic Urban Landscapes (2005), 247, 248 demand-side analysis, 260–61 demolitions heritage designations and, 112 irreversibility of, 36, 49 by neglect, 112, 180n5 regulatory environment and, 60 urban upgrading decisions, 27–28, 29f, 36 densifi cation of urban areas, 16 Department of Archaeology and Architecture of the Academy of Sciences (Azerbaijan), 110
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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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FIGURE 6.5 Quito and Oaxaca: Timeli
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TABLE 6.5 Quito Investments in the
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7 UNESCO World Heritage List, Touri
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UNESCO WORLD HERITAGE LIST, TOURISM
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TABLE 7.1 Regional and Historical D
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TABLE 7.3 Benchmark Regressions Fir
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TABLE 7.10 Robustness to Using Diff
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8 Financial Mechanisms for Historic
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FINANCIAL MECHANISMS FOR HISTORIC C
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BOX 8.2 FINANCIAL MECHANISMS FOR HI
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BOX 8.3 FINANCIAL MECHANISMS FOR HI
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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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Page 317: Boxes, fi gures, maps, notes, and t
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ECONOMICS UNIQUENESS

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