Over the past five years, public sector development of land and property has become routine. While the motivations for such development are varied, they reflect public policy goals aimed at promoting economic development, improving the physical appearance and vitality of urban areas, and raising revenues for public programs. These new initiatives are creating new roles for planners. This article outlines a step-by-step approach for carrying out successful joint, public-private real estate development programs.
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David E. Dowall (1990) studied this question.
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