Contracting for better places

A relational analysis of development agreements in urban development projects

Doctoral thesis (2009)

Authors

Contributors

W.K. Korthals Altes (promotor)
H.D. Ploeger (promotor)
Department
Delft Centre for Sustainable Urban Areas (OTB Research Institute) (TU Delft)
Copyright: © 2009 Van der Veen, M.
Contracts Urban development projects Relational contract theory Coorperation
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Published Date

20-05-2009

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ISBN:

9781607500056

Faculty

OTB Research Institute

Department

Delft Centre for Sustainable Urban Areas

Abstract

Large-scale urban development projects aim to create better places in underused or deteriorated areas. For their realisation, cooperation between planning authorities and market parties is indispensable. This book focuses on the development agreements that these parties close. It follows from the relational contract theory that, as the projects evolve over time, these agreements have to promote relational values such as trust and flexibility. In four interesting cases – Battery Park City and Hudson Yards (both in New York City), Zuidas (Amsterdam) and King’s Cross Regent Quarter (London) – the contents, meaning and function of real-life development agreements of focal projects are studied and criticized. The conclusions have a case-specific as well as a more general character. This book is of value for academics as well as practitioners as It conducts some pioneering work in a field that has not been subject of much research yet.

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