Planning for the Public Benefit in the Entrepreneurial City: Public Land Speculation and Financialized Regulation

MacDonald, H

Planning for the Public Benefit in the Entrepreneurial City: Public Land Speculation and Financialized Regulation

MacDonald, H

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Publisher:: SAGE Publications
Publication Type:: Journal Article
Citation:: Journal of Planning Education and Research, pp. 0739456X1984751 - 0739456X1984751

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Field	Value	Language
dc.contributor.author	MacDonald, H https://orcid.org/0000-0003-2105-5919	en_US
dc.date.available	2020-05-25T19:12:22Z
dc.identifier.citation	Journal of Planning Education and Research, pp. 0739456X1984751 - 0739456X1984751	en_US
dc.identifier.issn	0739-456X	en_US
dc.identifier.uri	http://hdl.handle.net/10453/133604
dc.description.abstract	<jats:p> The redevelopment of Barangaroo, Sydney’s last vacant central city waterfront site, raised high expectations for the public benefits developers would provide in return. The story highlights the ways in which the entrepreneurial State’s conflict of interest in the redevelopment eroded the quality of the public benefits negotiated in return for a valuable public asset. In contrast to the previous redevelopment projects, the State used public land and its newly centralized regulatory powers to maximize public revenues from Barangaroo, prioritizing these over both the public’s interests and, on occasion, those of private developers. </jats:p>	en_US
dc.language	en	en_US
dc.publisher	SAGE Publications	en_US
dc.relation.ispartof	Journal of Planning Education and Research	en_US
dc.relation.isbasedon	10.1177/0739456x19847519	en_US
dc.rights	Journal of Planning Education and Research, pp. 0739456X1984751 - 0739456X1984751. Copyright © SAGE Publications. DOI: https://dx.doi.org/10.1177/0739456x19847519	en_US
dc.subject.classification	Urban & Regional Planning	en_US
dc.title	Planning for the Public Benefit in the Entrepreneurial City: Public Land Speculation and Financialized Regulation	en_US
dc.type	Journal Article
utslib.for	1205 Urban and Regional Planning	en_US
utslib.for	1604 Human Geography	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/e-Press
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Strength - CCDP - Contemporary Design Practice
utslib.copyright.status	open_access	*
pubs.publication-status	Published online	en_US

Abstract:

The redevelopment of Barangaroo, Sydney’s last vacant central city waterfront site, raised high expectations for the public benefits developers would provide in return. The story highlights the ways in which the entrepreneurial State’s conflict of interest in the redevelopment eroded the quality of the public benefits negotiated in return for a valuable public asset. In contrast to the previous redevelopment projects, the State used public land and its newly centralized regulatory powers to maximize public revenues from Barangaroo, prioritizing these over both the public’s interests and, on occasion, those of private developers.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/133604