In this paper we introduce a general model of property tax increment financed redevelopment. The model illustrates how expenditures on public infrastructure and housing induce private capital investment and growth in property values. It can be used to frame the problem of how best to manage a...

The development of lakefront property in northern Wisconsin has prompted, in several towns, minimum frontage zoning stricter than the state standard. Such zoning generates an economic loss by constraining development (development effect), and an economic ...

Previous research provides evidence that jobs and firms in U.S. metropolitan areas are concentrated in economic centers, creating a polycentric urban form. Previous research also suggests that firms realize localization economies when they locate near other firms in the same industry and...

The Job Creation Tax Credit program is one of the five Smart Growth programs initiated by the state of Maryland in 1997. Like other tax credit programs, it is a personbased program intended to create jobs; it is also, however, a place-based program in that eligibility is limited to jobs created...

In this article, the authors develop three dynamic models of urban growth with a focus on the efficient utilization of lumpy urban infrastructure. First, the authors show that the optimal growth rate depends on the rate at which infrastructure capacity is consumed when public service levels are...

This unique book allows readers to compare analyses of how North American states and European nation-states use incentives, regulations or plans to approach a core set of universal land use issues such as: containing sprawl, mixed use development, transit oriented development, affordable...