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The Role of Architecture on Urban Revitalisation: The Case of Olympic Arenas in Berlin-Prenzlauer Berg

Author

Listed:
  • Gabriel Ahlfeldt

    () (Chair for Economic Policy, University of Hamburg)

  • Wolfgang Maennig

    () (Chair for Economic Policy, University of Hamburg)

Abstract

This paper investigates socioeconomic impacts of three multifunctional sports arenas situated in Berlin-Prenzlauer Berg, Germany. The three arenas were chosen for their potential to contribute to revitalisation of their economically deprived neighbourhoods. We employ a difference-in-differences approach to check for structural breaks in development of land values within areas of potential impact. Our results suggest that arenas emanate positive externalities and apparently have accelerated the process of gentrification going on in Prenzlauer Berg. However, evidence also supports concerns that congestion problems may adversely affect property values, at least when not addressed appropriately during planning.

Suggested Citation

  • Gabriel Ahlfeldt & Wolfgang Maennig, 2007. "The Role of Architecture on Urban Revitalisation: The Case of Olympic Arenas in Berlin-Prenzlauer Berg," Working Papers 001, Chair for Economic Policy, University of Hamburg.
  • Handle: RePEc:hce:wpaper:001
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    File URL: http://www.hced.uni-hamburg.de/WorkingPapers/200701.pdf
    File Function: First version, 2007
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    References listed on IDEAS

    as
    1. Arne Feddersen & Wolfgang Maennig, 2005. "Trends in Competitive Balance: Is there Evidence for Growing Imbalance in Professional Sport Leagues?," Working Papers 0012005, Chair for Economic Policy, University of Hamburg.
    2. Wolfgang Maennig & Florian Schwarthoff, 2006. "Stadium Architecture and regional economic development: International experience and the plans of Durban," Working Papers 200604, Chair for Economic Policy, University of Hamburg.
    3. Arne Feddersen, 2006. "Economic Consequences of the UEFA Champions League for National Championships - The Case of Germany," Working Papers 0012006, Chair for Economic Policy, University of Hamburg.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Vöpel, Henning, 2014. "Olympische Spiele in Hamburg - produktive Vision oder teure Fiktion? Regionalwirtschaftliche und standortpolitische Chancen und Risiken einer Bewerbung Hamburgs für die Ausrichtung Olympischer Spiele," HWWI Policy Papers 84, Hamburg Institute of International Economics (HWWI).
    2. Falch, Torberg & Fischer, Justina A.V., 2012. "Public sector decentralization and school performance: International evidence," Economics Letters, Elsevier, vol. 114(3), pages 276-279.
    3. Fischer, Justina AV & Sousa-Poza, Alfonso, 2010. "The impact of institutions on firms’ rejuvenation policies: Early retirement with severance pay versus simple lay-off. A Cross-European Analysis," MPRA Paper 20343, University Library of Munich, Germany.
    4. Wolfgang Maennig & Florian Schwarthoff, 2006. "Stadium Architecture and regional economic development: International experience and the plans of Durban," Working Papers 200604, Chair for Economic Policy, University of Hamburg.

    More about this item

    Keywords

    Stadium Impact; Stadium Architecture; Gentrification; Berlin;

    JEL classification:

    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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