LAND VALUES AND LAND CONVERSION

IN CITY PORT INTERFACES:

THE CASE OF BARCELONA

ABSTRACT

 

City-Port interfaces have become a battle field where success is measured by the capacity to keep or extend your property limits on the others side. Thereby, the fence dividing ownership limits plays the role of line of defense between systems.
Nevertheless, city-port collaboration is emerging from land conversion processes since ports like Barcelona have founded the profitability of trading with urban goods further than the tight and historical assumed
industrial-logistic requirement. In this scenario, new land conversions are likely. In one hand future port developments are not neglected, facilitating future land supply for traditional maritime activities since public-administrative awareness for port expansion is not considered a
constraining economic burden within the Barcelona Port Authority. In the other hand, the land market study performed shows the port urban activities as the highest and best use, taking into consideration results by surface unit. At the same time, land extension costs reveals lower than what market is willing to pay by surface unit at both sides of the interface. Thus, while, port land activities in general displays higher than urban activities in average, specific premium urban activities located inside the port contributes to improve port economic results. Moreover, the high urban demand for land in Barcelona as a consequence of its
physical constrains for expansion, provides the Port Authority a key role in the city management.

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in Portus Plus - the Journal

Location: Port of Barcelona

Year: 2015

Authors: Daniel Lorenzo Almeida, Ernest Ferré
Ricard, Josep-Maria Arauzo-Carod