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Fit for policy? Some evidence on the application of development viability models in the United Kingdom planning system

This paper investigates the application and use of development viability models in the formation of planning policies in the United Kingdom (UK). Particular attention is paid to three key areas: the assumed development scheme in development viability models, the use of forecasts and the debate conce... Full description

Journal Title: Town planning review 2013-01-01, Vol.84 (4), p.495-521
Main Author: McAllister, Patrick
Other Authors: Wyatt, Peter , Coleman, Charlotte
Format: Electronic Article Electronic Article
Language: English
Subjects:
Publisher: Liverpool University Press
ID: ISSN: 0041-0020
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title: Fit for policy? Some evidence on the application of development viability models in the United Kingdom planning system
format: Article
creator:
  • McAllister, Patrick
  • Wyatt, Peter
  • Coleman, Charlotte
subjects:
  • Agricultural land
  • Analytical forecasting
  • Appraisals
  • City planning
  • Consulting services
  • Development
  • Development models
  • Discourse
  • Financial planning
  • Forecasts
  • Government policy
  • Land
  • Land development
  • Landowners
  • Market planning
  • Mathematical models
  • Modeling
  • Models
  • Planning methods
  • Planning systems
  • Policies
  • Profit
  • Public infrastructure
  • Real estate appraisal
  • Real estate development
  • Thresholds
  • Town planning
  • United Kingdom
  • Urban planning
  • Viability
ispartof: Town planning review, 2013-01-01, Vol.84 (4), p.495-521
description: This paper investigates the application and use of development viability models in the formation of planning policies in the United Kingdom (UK). Particular attention is paid to three key areas: the assumed development scheme in development viability models, the use of forecasts and the debate concerning Threshold Land Value. The empirical section reports on the results of an interview survey involving the main producers of development viability models and appraisals. It is concluded that, although development viability models have intrinsic limitation associated with model composition and input uncertainties, the most significant limitation is related to the ways in which they have been adapted for use in the planning system. In addition, it is suggested that the contested nature of Threshold Land Value is an example of calculative practices providing a façade of technocratic rationality in the planning system.
language: eng
source:
identifier: ISSN: 0041-0020
fulltext: no_fulltext
issn:
  • 0041-0020
  • 1478-341X
url: Link


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descriptionThis paper investigates the application and use of development viability models in the formation of planning policies in the United Kingdom (UK). Particular attention is paid to three key areas: the assumed development scheme in development viability models, the use of forecasts and the debate concerning Threshold Land Value. The empirical section reports on the results of an interview survey involving the main producers of development viability models and appraisals. It is concluded that, although development viability models have intrinsic limitation associated with model composition and input uncertainties, the most significant limitation is related to the ways in which they have been adapted for use in the planning system. In addition, it is suggested that the contested nature of Threshold Land Value is an example of calculative practices providing a façade of technocratic rationality in the planning system.
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subjectAgricultural land ; Analytical forecasting ; Appraisals ; City planning ; Consulting services ; Development ; Development models ; Discourse ; Financial planning ; Forecasts ; Government policy ; Land ; Land development ; Landowners ; Market planning ; Mathematical models ; Modeling ; Models ; Planning methods ; Planning systems ; Policies ; Profit ; Public infrastructure ; Real estate appraisal ; Real estate development ; Thresholds ; Town planning ; United Kingdom ; Urban planning ; Viability
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abstractThis paper investigates the application and use of development viability models in the formation of planning policies in the United Kingdom (UK). Particular attention is paid to three key areas: the assumed development scheme in development viability models, the use of forecasts and the debate concerning Threshold Land Value. The empirical section reports on the results of an interview survey involving the main producers of development viability models and appraisals. It is concluded that, although development viability models have intrinsic limitation associated with model composition and input uncertainties, the most significant limitation is related to the ways in which they have been adapted for use in the planning system. In addition, it is suggested that the contested nature of Threshold Land Value is an example of calculative practices providing a façade of technocratic rationality in the planning system.
pubLiverpool University Press
doi10.3828/tpr.2013.26