Towards a Transit Oriented Development Approach for Belgrade
The purpose of this report is to explore opportunities to better integrate land use and public transit planning in Belgrade. Specifically, the aim is to develop an approach toward Transit-Oriented Development (TOD) for Belgrade building off the cit...
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/179591538575977026/Towards-a-Transit-Oriented-Development-Approach-for-Belgrade http://hdl.handle.net/10986/30606 |
| Summary: | The purpose of this report is to explore
opportunities to better integrate land use and public
transit planning in Belgrade. Specifically, the aim is to
develop an approach toward Transit-Oriented Development
(TOD) for Belgrade building off the city’s recently approved
Transport Master Plan (2017). The Transport Master Plan,
which is to be implemented over the next 16 years
(through2033), includes all modes of transport: automobiles,
public buses, trams, metro, and commuterrail service (known
as BG Voz). The required total investment is estimated to be
over 400 millioneuros excluding the metro project. Thus,
implementation will require large sums of money for
bothcapital and operational expenses, while the city has
limited financing resources. Given the fiscalconstraints, it
would be prudent for Belgrade city authorities to explore
self-financing projectschemes for urban transit and land
development, incorporating land value capture (LVC).
Thisreport evaluates the Transport Master Plan together with
other available data to find ways to realize TOD and LVC in
Belgrade, including identifying current gaps in knowledge
towards such a goal. There are several large-scale,
long-term urban development projects envisaged for Belgrade
such as development of the Makis Polje area and Waterfront
Railway Yard Conversion Project and theWaterfront. The
Transport Master Plan considers these developments as a
given. The projected future populations in these sites serve
as the base to model future traffic demand, and to evaluate
the proposed transport investment projects. The Transport
Master Plan recognizes the need for detailed planning and
economic verification of these urban development schemes. |
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