City and Regional Planning / Şehir ve Bölge Planlama

Permanent URI for this collectionhttps://hdl.handle.net/11147/4274

Browse

Search Results

Now showing 1 - 2 of 2
  • Article
    Citation - Scopus: 217
    Rising Knowledge Cities: the Role of Urban Knowledge Precincts
    (Emerald Group Publishing Ltd., 2008) Yiğitcanlar, Tan; Velibeyoğlu, Koray; Martinez-Fernandez, Cristina
    Purpose - The paper seeks to investigate the changing and challenging spatial nature of the rising knowledge cities' knowledge precincts. Design/methodology/approach - The paper reviews the literature on recent knowledge precinct developments within the frame of innovation and urban economic competitiveness. The methodology develops a typological investigation and searches for useful insights for better understanding the fundamentals of knowledge precincts. The study exemplifies cases from Australia as well as other global best practices. Findings - The paper sheds light on the contemporary knowledge production of rising knowledge cities, and points out the changing spatial agglomeration of knowledge-intensive industries and the formation of new types of knowledge precincts as the spatial core of knowledge-based urban development. Originality/value - The paper provides an in-depth discussion on the changing spatial concepts of knowledge precincts and their vital role for the knowledge-based urban development of cities.
  • Article
    Citation - WoS: 22
    Citation - Scopus: 28
    The Impact of Rail Transit Investment on the Residential Property Values in Developing Countries: The Case of Izmir Subway, Turkey
    (Emerald Group Publishing Ltd., 2006) Çelik, Hüseyin Murat; Yankaya, Uğur
    Purpose The purpose of this paper is to test whether the rail transit investment in Izmir, Turkey has had positive valuation impacts on the surrounding residential properties, and to estimate the value of travel time using relevant parameters. Design/methodology/approach The necessary data were collected via a survey including all real-estate agents in the area. To test the research question, the Hedonic Price Model (HPM) is used as the research technique. The obtained parameters are also used to estimate the value of travel time. Findings The findings of the models has indicated that the proximity to rail stations was valued at $250-300 per meters, and the value of travel per hour was $1.47-1.83 on average. Research limitations/implications These findings should be checked with more consistent database using transaction process, and the mortgage loan rate which was not legislated at the time of study. Practical implications Until a mortgage loan rate is registered in turkey, the estimated parameters can be used in the cost-benefit analysis of rail transit investments in Turkey. Originality/value The theoretical premise that “any improvement in accessibility will be capitalized into the land values” is tested one more time in a developing country case whose urban environment is substantially different from those of the developed world, especially the North American cities. Furthermore, a new methodology using the HPM parameters is also suggested to estimate the value of travel time.