Case Studies
Jul 17, 2024

Tactics to Balance Benefits among Stakeholders in Government-Led Urban Renewal: Case Study in Guangzhou, China

Publication: Journal of Urban Planning and Development
Volume 150, Issue 4

Abstract

The government-led mode of urban renewal plays an important role in assisting less profitable projects in addressing the problems of urban decay and promoting the intensive use of land. However, the imbalance between the benefit distribution for multiple stakeholders hinders the success of urban renewal projects. This study initially proposed a theoretical model of a dynamic game among the government, developers, and residents in government-led projects, which was validated by a case study on Liede Village, Guangzhou, China. This study identified the critical factors that influence the payoff in the proportion of construction land, which includes a comprehensive plot ratio (CPR) for commercial construction land and resettlement housing land. Sensitivity analysis and Monte Carlo experiments were conducted to measure the influence of these factors on benefit distribution. The results suggested that conflicts exist in the proportional distribution of construction land, and the increase in the CPR could compensate for the loss of the land proportion. Finally, strategies for balancing benefit distribution among stakeholders were proposed to help the government sector mitigate the financial burden and ensure public interest in urban renewal.

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Data Availability Statement

Some or all data, models, or codes that support the findings of this study are available from the corresponding author upon reasonable request.

Acknowledgments

The research was supported by grants from the National Natural Science Foundation of China (72074240, 72374138, 72134005, 7231101086, and 71904124), the Beijing Social Science Foundation (17GLB030), and the Program for Innovation Research in the Central University of Finance and Economics.

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Journal of Urban Planning and Development
Volume 150Issue 4December 2024

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Received: Aug 23, 2022
Accepted: Mar 25, 2024
Published online: Jul 17, 2024
Published in print: Dec 1, 2024
Discussion open until: Dec 17, 2024

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School of Management Science and Engineering, Central University of Finance and Economics, 39 South College Rd., Haidian District, Beijing 100081, China. Email: [email protected]
School of Public Administration and Policy, Renmin University of China, 59 Zhongguancun St., Haidian District, Beijing 100872, China. ORCID: https://orcid.org/0000-0003-3664-4812. Email: [email protected]
School of Emergency Management Science and Engineering, Univ. of Chinese Academy of Sciences, 19 Yuquan Rd., Shijingshan District, Beijing 100049, China. Email: [email protected]
Xuewei Zhang [email protected]
School of Management Science and Engineering, Central University of Finance and Economics, 39 South College Rd., Haidian District, Beijing 100081, China. Email: [email protected]
School of International and Public Affairs, Shanghai Jiao Tong Univ., No.1954 Huashan Rd., Shanghai 200030, China (corresponding author). ORCID: https://orcid.org/0000-0003-4332-4622. Email: [email protected]

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