Author: Wang, Lu
Title: Evaluating the comprehensive benefits of urban renewal projects -- cases of Beijing
Advisors: Shen, Q. P. Geoffrey (BRE)
Degree: DIREC
Year: 2023
Subject: Urban renewal -- China -- Beijing
City planning -- China -- Beijing
Hong Kong Polytechnic University -- Dissertations
Department: Department of Building and Real Estate
Pages: 1 volume (various pagings) : color illustrations
Language: English
Abstract: In the past decade, China's urbanization rate of permanent residents has increased by an average of 1.39% annually; it exceeded 60% for the first time in 2019 and rose to 63.89% in 2020, especially in first-tier cities, where the urbanization rate was above 85%. China's urban development system has moved from single-focus to multi-focus, and metropolitan areas and city clusters will become essential engines for the overall growth of major cities in China. Urban renewal, with the accelerating urbanization in China, has become an important means to promote the comprehensive development of cities. The renewal projects are mainly divided into industry-oriented, commercial-oriented and residential-oriented projects. In the planning stage, what kind of project to build is a question that governments and investors generally care about. Therefore, this paper evaluates the comprehensive benefits of three main types of urban renewal projects. This is of theoretical and practical significance for developing specific types of renewal projects according to local conditions and promoting sustainable urban development.
Urban renewal complexes typically fall into three categories: residential, commercial, and industrial. In Chinese and international studies, there is almost no classification of urban renewal projects by project type or calculation of their benefits. The core issue of this study is to establish the comprehensive benefit evaluation models for different types of renewal projects. By these models, policy makers and investors can determine the comprehensive benefit value of the proposed project through questionnaire user satisfaction survey in the planning stage, so as to choose the renewal project that is more in line with regional development.
This study explains the process of establishing comprehensive benefit evaluation models for the three types of renewal projects, uses the factor method to design the value evaluation system of industrial, commercial and residential renewal projects, adopts the research method of literature review and analyzes the questionnaire survey data, and calculates the combination benefit and development benefit of three leading types of projects. Then the main factors affecting the evaluation system are extracted by factor analysis method, which shapes the structures of the evaluation system for the three types of renewal projects. The most important is that, in the systems, the weights of each main factor are calculated through the entropy method.
To verify the validity of the three models, three typical projects which represent three types of renewal in Beijing are demonstrated to calculated the comprehensive benefit values by using interview method and questionnaire survey method, and then the impact on sustainable development of the projects caused by the main influencing factors is analyzed.
The demonstration process and the results of this research have important significance for urban renewal project development and sustainable regional economic development in China and other developing countries. When planning urban renewal projects, the government should formulate industrial policies, population import planning, and commercial supporting planning to maximize regional comprehensive benefits. Developers should formulate reasonable industrial, residential, and commercial ratios to maximize economic and social benefits when planning urban-industry integration projects.
Rights: All rights reserved
Access: restricted access

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