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Piece-by-piece: low-rise redevelopment in Seattle

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  • Andy Krause

Abstract

The redevelopment of land containing single-family detached dwellings into small attached or multiple-family structures is a common method of densification in existing urban areas. The potential for redevelopment of any existing home is an important consideration for housing market participants, real estate developers and public officials. Using a longitudinal data-set from the City of Seattle, this study quantifies the impact that a number of factors - policy, physical, neighbourhood and market - have on the likelihood of this form of land use conversion. Derived with a duration model, these findings suggest that the size of the existing home, the adjacent land uses and, most importantly, factors affecting the size of the potential redevelopment have the largest impact on the probability of redevelopment.

Suggested Citation

  • Andy Krause, 2015. "Piece-by-piece: low-rise redevelopment in Seattle," Journal of Property Research, Taylor & Francis Journals, vol. 32(3), pages 258-278, September.
    • Handle: RePEc:taf:jpropr:v:32:y:2015:i:3:p:258-278
    DOI: 10.1080/09599916.2015.1048705
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    References listed on IDEAS

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    1. Edward L. Glaeser & Joshua D. Gottlieb, 2006. "Urban Resurgence and the Consumer City," Urban Studies, Urban Studies Journal Limited, vol. 43(8), pages 1275-1299, July.
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