Land Readjustment (LR) is a means of assembling land for urban expansion or redevelopment. In LR, the original land owners or occupants voluntarily contribute a certain percentage of their land to the government or other project initiators. The government then plans out the whole area with roads, infrastructure, open space, and public facilities, while in some cases also reserves land for sale and other social purposes. In return, each land owner receives a serviced plot of smaller area, but often at much higher value within the same neighborhood. This is a win-win situation in which the government can upgrade the neighborhood without having to use its power of eminent domain (expropriation), and the landowners can remain in-situ and enjoy better living conditions and an increase in the value of their real asset.
This course aims to assist policy makers and practitioners to understand the general concepts and empirical applications of land readjustment through illustration of real-world examples. Our goal is to assist participants, after taking this course, to perform the following tasks:
• Identify what problems and under what circumstances they can apply LR;
• Understand how LR works in both theory and practice;
• Set realistic goals for LR projects from the perspectives of different stakeholders;
• Design and execute the implementation process; and,
• Anticipate possible unintended outcomes and conduct evaluation of LR projects.