Land Value Capture definition
Land Value Capture means any mechanism whereby a public entity obtains benefits or revenue derived from land value or increases in land value. There is a wide range of land value capture approaches which can be divided into two groups:
Examples of Land Value Capture in a sentence
PLACE Copenhagen, Denmark and Freiburg, Germany FULL NAME Land Value Capture REMIT Municipal, National TOOL Support (financial) KEYWORDS Financial tool The basic principle behind Land Value Capture is that property values are created by rising prosperity, accessibility, and planning consent.
There are numerous examples of Land Value Capture mechanisms around the world.