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TRUE URBAN SPIRIT

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2 VIENNA: BUILDING THE FUTURE<br />

CONSISTENT<br />

DEVELOPMENT OF<br />

LAND POTENTIAL<br />

It is planned to develop the city within the existing urban zone as<br />

well as by utilising the remaining land potentials under STEP 2005<br />

until 2025. However, many of the areas required for this purpose<br />

are not available for the planned forms of use. Since the existing<br />

legal framework of Vienna offers insufficient leeway for action<br />

to mobilise these land potentials, it may happen that land owners<br />

will not sell plots required for urban development or charge<br />

massively inflated prices. To change this unsatisfactory situation<br />

and improve the frame conditions for long-term urban development,<br />

Vienna will test and evolve new instruments to mobilise<br />

land reserves.<br />

Another important vehicle for realising land potentials lies in the<br />

optimised fine-tuning of public investments in technical, social<br />

and “green” (= green space) infrastructure and housing production.<br />

The City of Vienna will advance and refine the processes<br />

necessary towards this purpose. Moreover, agreements for urban<br />

development concluded with land owners and planning beneficiaries<br />

constitute an instrument that allows for fair cost sharing<br />

regarding investments in infrastructure, green and open spaces<br />

as well as energy generation and storage facilities.<br />

52

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