Land Value Capture by Urban Development Agreements: The Case of Lombardy Region (Italy)

This paper focuses on the interaction between land use planning and infrastructure provision, and offers an overview of the methods that are used in different development contexts to share the costs of local infrastructures and facilities between the public and the private sector. Over the last forty years or so, in the face of intense fiscal pressure and a drastic reduction in the transfer of resources from the central government, local authorities have increasingly been searching for alternative means to fund the provision of off-site infrastructures and facilities.