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Viability Planning, Value Capture and the Geographies of Market-Led Planning Reform in England

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  • Jessica Ferm
  • Mike Raco

Abstract

This paper focuses on the contentious transition to viability-driven planning in England, whereby development viability and the potential for land value capture dominate the work of planning. Drawing on interviews and fieldwork in London and the north east of England, the paper reflects on the variable outcomes and challenges in places with different development markets, political cultures, development histories and capacities for action. It finds that viability-driven planning is further entrenching already existing spatial disparities and inequalities and draws conclusions about the state of English urban policy in the context of a broader shift towards the marketisation of planning.

Suggested Citation

  • Jessica Ferm & Mike Raco, 2020. "Viability Planning, Value Capture and the Geographies of Market-Led Planning Reform in England," Planning Theory & Practice, Taylor & Francis Journals, vol. 21(2), pages 218-235, June.
  • Handle: RePEc:taf:rptpxx:v:21:y:2020:i:2:p:218-235
    DOI: 10.1080/14649357.2020.1754446
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    Cited by:

    1. Gielen Demetrio Muñoz & Ossowicz Tomasz & Zaborowski Tomasz Piotr, 2022. "Failure and opportunities of public value capture and developer obligations in Polish urban development," Miscellanea Geographica. Regional Studies on Development, Sciendo, vol. 26(1), pages 15-30, January.
    2. Jason Slade & Malcolm Tait & Andy Inch, 2022. "‘We need to put what we do in my dad’s language, in pounds, shillings and pence’: Commercialisation and the reshaping of public-sector planning in England," Urban Studies, Urban Studies Journal Limited, vol. 59(2), pages 397-413, February.
    3. Alexander Lord & Chi-Wan Cheang & Richard Dunning, 2022. "Understanding the geography of affordable housing provided through land value capture: Evidence from England," Urban Studies, Urban Studies Journal Limited, vol. 59(6), pages 1219-1237, May.
    4. Peter Bibby & John Henneberry & Jean-Marie Halleux, 2021. "Incremental residential densification and urban spatial justice: The case of England between 2001 and 2011," Urban Studies, Urban Studies Journal Limited, vol. 58(10), pages 2117-2138, August.
    5. Quintin Bradley, 2022. "The accountancy of marketisation: Fictional markets in housing land supply," Environment and Planning A, , vol. 54(3), pages 493-507, May.
    6. Raco, Mike & Ward, Callum & Brill, Frances & Sanderson, Danielle & Freire-Trigo, Sonia & Ferm, Jess & Hamiduddin, Iqbal & Livingstone, Nicola, 2022. "Towards a virtual statecraft: housing targets and the governance of urban housing markets," LSE Research Online Documents on Economics 114315, London School of Economics and Political Science, LSE Library.
    7. Julia Heslop & Josh Chambers & James Maloney & George Spurgeon & Hannah Swainston & Hannah Woodall, 2023. "Re-contextualising purpose-built student accommodation in secondary cities: The role of planning policy, consultation and economic need during austerity," Urban Studies, Urban Studies Journal Limited, vol. 60(5), pages 923-940, April.
    8. Purcell, Thomas & Ward, Callum, 2022. "The political economy of land value capture in the UK: rent and viability in Salford’s new municipalist turn," LSE Research Online Documents on Economics 116664, London School of Economics and Political Science, LSE Library.
    9. Frances Brill, 2022. "Governing investors and developers: Analysing the role of risk allocation in urban development," Urban Studies, Urban Studies Journal Limited, vol. 59(7), pages 1499-1517, May.

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