Gargiulo, Carmela and De Ciutiis, Fiorella (2010) Urban Transformation and Property Value Variation. The Role of HS Stations. [Pubblicazione in rivista scientifica]

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Original publication URL: http://www.tema.unina.it
Item Type: Pubblicazione in rivista scientifica
Title: Urban Transformation and Property Value Variation. The Role of HS Stations
Creators:
Creators
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Gargiulo, Carmela
gargiulo@unina.it
De Ciutiis, Fiorella
UNSPECIFIED
Date: March 2010
Original publication URL: http://www.tema.unina.it
Journal or Publication Title: TeMA SELECTED PAPERS 09
Date: March 2010
ISSN: 1970-9870
Volume: vol. 3
Number: SP
Page Range: pp. 65-84
Keywords: Urban redevelopment Externalities of HS stations European cases
References: AA.VV. (2005) “L’impatto socio-economico delle grandi opere ferroviarie sulla città e sulla provincia di Milano”, Progetto di ricerca del CMRT-Centro di ricerca sui trasporti e le infrastrutture, Università Carlo Cattaneo. AA.VV. (2002) “La valutazione ex-ante degli effetti sul valore immobiliare di interventi di salvaguardia ambientale: un approccio edonico-gerarchico”, XXXII Incontro di studio del CeSET, Venezia. AA.VV. (2006) “La valutazione del miglioramento urbano nel centro di Venezia. Un Approccio edonico-gerarchico”, Fondazione Eni Enrico Mattei, Venezia. Bazin S., Beckerich C., Delaplace M. (2007) “L’évolution des marchés immobiliers résidentiels dans l’aire urbaine de Reims: un effet de la Ligne à Grande Vitesse Est-européenne?”, Congress of the European Regional Science Association and ASRDLF, Parigi. Bowes D.R., Ihlanfeldt K.R. (2001) “Identifying the Impacts of Rail Transit Stations on Residential Property Values”, Journal of Urban Economics, n. 50. Camagni R. (2007),”Il finanziamento della città pubblica”, in Baioni M. e Caudo G., La costruzione della città pubblica, Milano. Censis (2006) “La ricchezza del territorio italiano”, Roma. Comune di Roma (2004) “Centralità direzionale Pietralata”, da http://www.urbanistica.comune.roma.it/urbaroma/pages/it/citta_nuova/citta_direzionale /centralita_direz_pietralata. Curto R. (1993) “Qualità edilizia, qualità ambientale e mercato immobiliare: un’applicazione della Multiple Regression Analysis (MRA) al caso della città storica”, XIV Conferenza di Scienze Regionali, Bologna. DATAR-Reclus (1989) “Les villes Européennes. La Documentation Francaise”, Parigi. DATAR-Reclus (2003)” Les villes Européennes. Analyse comparative”, Parigi. Garrod G.D., Willis K.G. (1992) “Valuing goods characteristics: an application of the hedonic price method to environmental attributes”, in Journal of Environmental Management, n.34 (January). Fariña J., Lamíquiz F.J., Pozueta J. (2000) “Efectos territoriales de las infraestructuras de transporte de acceso controlado”, in Quadernos de Investigaciòn Urbanistica, n.29, Departamentode Urbanística y Ordenación del Territorio, Universidad Politécnica de Madrid. ISTAT (2007) “Statistiche del trasporto aereo (anni 2004-2005)”, Roma. Knight Frank (2007) “Wealth Report 2007”, Londra. Nakamura H., Ueda T. (1989) “The Impacts of the Shinkansen on Regional Development”, The Fifth World Conference on Transport Research, Yokohama. Nomisma (2007) “Italia in sviluppo. Rassegna dei più significativi progetti di sviluppo del territorio”, Bologna. OMI Osservatorio Mercato Immobiliare (2005) “Rapporto Immobiliare 2005. Speciale Roma e provincia”. OMI Osservatorio Mercato Immobiliare (2005) “Rapporto Immobiliare 2005. Speciale Napoli e provincia”. Oxford Economic Forecasting (2005) “London’s Place in the UK Economy”, Corporation of London, London. Preston J., Larbie A., Wall G. (2006) “The Impact of High Speed Trains on Socio-Economic Activity: The Case of Ashford (Kent)”, Fourth Annual Conference on Railroad Industry Structure, Competition and Investment, Universidad Carlos III de Madrid. Regione Toscana (2006) “Ecco tutti i numeri sul turismo”, Conferenza regionale del Turismo, 6-7 giugno, Fortezza da Basso, da http://primapagina.regione.toscana.it RFI (2007) “La futura stazione Tiburtina: cardine per la creazione di una nuova centralità urbana”, da http://www.ferroviedellostato.it Scenari Immobiliari (2006) “Il mercato immobiliare di Napoli”; “Il mercato immobiliare residenziale di Roma”; “Il mercato immobiliare residenziale di Milano”. Scenari Immobiliari (2007) “Il mercato immobiliare di Torino”; “Il mercato immobiliare di Firenze”; “Il mercato immobiliare di Bologna”. Stanghellini S. (2007) “Introduzione”, in Mollica E., Sistemi economici locali e mercati immobiliari. La misura degli effetti originati da interventi di trasformazione urbana, Gangemi, Roma. Torino Internazionale (1998) “Verso il
Settori scientifico-disciplinari del MIUR: Area 08 - Ingegneria civile e Architettura > ICAR/20 - Tecnica e pianificazione urbanistica
Date Deposited: 26 Apr 2010 08:50
Last Modified: 30 Apr 2014 19:38
URI: http://www.fedoa.unina.it/id/eprint/3703

Collection description

The article aims reading and interpreting the positive externalities, especially in terms of urban redevelopment, connected to the building of node/station of the High Speed railway network. The measure of the variations of the real estate values, carried out through the analysis of numerous European and Italian experiences, is considered as a synthetic indicator of urban quality consequent to the strengthening or establishment of a new High Speed station. The identification of relationships between High Speed station, residential property values and typologies of cities (role and urban specialization) and urban context in which the station are located is one of the conclusions of this work. In accord with the aim, this paper is organized in three principal parts. The first part identifies the relation between urban transformations, urban quality and property values and provides a scientific frame of the studies on the relationships between accessibility increase and property values. Indeed, the results of many studies and reports reveal that the reduction in generalized cost of transport and the increase of accessibility related to the implementation of new infrastructure such as a railway station, in some cases have impacted significantly on increasing demand for space in the surrounding areas and, accordingly, on property values. The second part proposes the reading of some experiences of building of High Speed stations in some European and Italian cities, with a focus on the case of Roma-Napoli High Speed line. The choice of cases was made using criteria that seem to give a guarantee of representativeness to the variety and multiplicity of experiences. In particular, the criteria used are: geographic location of railway line (selecting cases with different geographical locations); city-node size (choosing different types of cities for size and population), functional role of the city-node, timing for the completion of railway line (fully in operation, partly in operation or not yet in operation). Besides, the description of each case is divided into: summary description of the characteristics of the HS railway line; description of the main features of cities that represent the nodes of the selected routes; identify the characteristics of the surrounding context of the railway station; measurement of the change in property values in the surrounding context of the railway station due to HS link. The third part provides a comparative outline of the effects of High Speed stations on property values and the urban typologies and characteristics that influence this relation. The first result of this article is a comparative framework between all study cases. In conclusion, the comparative reading shows that the effect from opening of the High Speed railway stations on property values is valuable in cases where it contributes significantly to raising the socio-economic and the quality conditions of spaces.

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