EAN: 9783790819717

RAILWAY DEVELOPMENT GEBUNDEN

This book addresses the role of railways in urban development. The central aim is to inquire
into how especially the development of high-speed rail and light rail links will affect
European cities. The analyses are carried out with special attention given to the broader
institutional environment of the railway system  including the shift toward privatised railway
companies  internationalisation  the occurrence of market and government failures in land
markets  and private-public partnerships in the development of railway station areas. The
essence of the plans to invest in railway stations is that railway stations are not considered
merely as nodes where people transfer from one vehicle to another  but also as places where
spatial concentrations of high value activity are recognised as having a positive impact on
cities. The development of real estate near stations is increasingly seen as a negotiation
process in which both public and private actors play certain roles to revitalise central urban
areas.

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