Urban Regeneration Through Valuation Systems for Innovation

Description

This book examines the role of the evaluation models in decision-making processes for the construction of circular cities in the digital revolution. In particular, the book explores the need for a rethinking of development models proposed by the circular economy which requires the valorization of natural, social and economic capital. Urban environment represents a crucial field of analysis in which applying the circular-economy principles in order to steer a course towards a sustainable economy characterized by processes meant to create value instead of extracting it, which put a step forward in the pathway towards a better future in terms of economic, environmental and social effects and desirable outcomes. In this context, the design of urban regeneration processes and housing environments requires the adoption of inclusive analysis/assessment models combined with the structuring and organization of public/private investments that can contribute to creating positive natural and social impacts as well as economic and financial returns. This fundamental paradigm shift is accentuated in the current context, in which the digital revolution is reinventing the future and calls for a rethinking and reformulation of value systems in the era of technological process innovations, while respecting economic, natural and social ecosystems. Preface: At the Origin of Circularity Contents Models and Metrics for Social Impact Assessment An Analysis of the Housing Market Dynamics in the Italian Municipalities 1 Introduction 2 Aim 3 Case Study 3.1 Variables 4 Method 5 Application of the MCS-EPR Technique to the Three Study Samples 6 Conclusions References Impact Management as a Driver of Value Creation in Payment by Results Schemes for Urban Regeneration Projects 1 Introduction 1.1 The Importance of Value and Impact Management 1.2 Urban Redevelopment Projects and Payment by Results Schemes 2 The Social Innovation Fund’s Experience in Italy 2.1 The Role of Social Impact Evaluation in FIS Projects 2.2 The Intervention Models of the FIS Funded Initiatives in Lucca and Perugia 2.3 Models of Monitoring and Evaluation of Lucca and Perugia’s FIS Funded Initiatives 2.4 The Payment by Result Models: Make Value Matter 3 Conclusions Annex 1. Examples of Outcomes, Indicators, and Sources of the Two Case Studies Annex 2. Examples of Financial Proxies for Outcomes in PbR Schemes of the Two Case Studies  References Creativity, Responsibility and the Social Project Finance in the Revitalization of Abandoned Territories 1 Introduction 1.1 Background 1.2 Contents and Aims 2 Materials 2.1 Abandonment as a Structural Trend 2.2 Disadvantaged Territory in Sicily 3 Methodological Issues 3.1 Innovative Funding Approaches for Repopulation of Villages Through Buildings Renovation and Digital Transformation 3.2 The New Italian Tax Credit for Properties Renovation 4 Application: A Hybrid Social Impact Bond (HSIB) for Village Digital Transformation 5 Conclusions References An Evaluation Tool of Public–Private Conveniences in the Definition of Urban Planning Variants 1 Introduction and Aim of the Work 2 Case Study of the Proposed Protocol 2.1 Hypothesis A: Construction of Tourist-Hotel Facilities 2.2 Hypothesis B: Construction of Subsidized Residential Units and Shops 3 Methodological Aspects for the Surplus Value Assessment in the Proposed Protocol 4 The Convenience of Hypothesis A 5 The Convenience of Hypothesis B 6 The “Higher Value” Generated by the Urban Planning Variant 7 Conclusions References Sustainability in Urban Regeneration: Real or Propaganda? 1 Background. Sustainability of the Urban Regeneration is a Multidimensional Concept? 2 Methodology and Data 3 Results 4 Discussion 5 Conclusions References How to Evaluate Public Spaces as High-Value Impact Opportunities for the Last Generation Adaptive Cities 1 Introduction 2 Cities and Disease: A Delicate Equilibrium of an Adaptive Transformation of Urban Environment 3 Post-pandemic Acceleration Towards Quality Public Spaces in Dense Cities 4 How Evaluation Research Field Can Support the Social Impact Value Generation and Measurement for Urban Society and Investors 5 Conclusions References Decision Making for Circular Cities Circularity Above Linearity: Toward a Circular Mining Approach of the Planning for Mining Activities 1 Introduction 2 Literature Review 2.1 Circular Mining and Circular City: An Inseparable Duo 2.2 Assessment Techniques and Tools for Circular Solutions 3 Circular Mining: From the Theory to the Practice 3.1 The SEA of the Regional Plan on Mining Activities of Piedmont (Italy) 4 Conclusions References Environmental Impact of Transportation Infrastructures: Integrated Methodologies for Preliminary Assessment. A Case-Study 1 Introduction: Relationships Between Sustainable Infrastructures and Land Use Planning 2 Materials and Methods 2.1 Territorial Framework 2.2 Case-Study Description 2.3 Assessment Methodology 3 Results 3.1 The Check-List Method for Identifying Impacts 3.2 Attribution of Weights to Components and Environmental Factors 3.3 Forecasting and Assessment of Potential Impacts of the Project on the Environment 4 Conclusions References Investigating “Sustainable Neighbourhoods” in the Italian Context: A Diachronic Approach 1 Introduction 2 Origins and Evolution of the “Sustainable Neighbourhood” Paradigm 2.1 The Evolution of Energy-Related Legislation at European and National Levels 3 Selection of Italian Case Studies 4 Comparison and Discussion 4.1 Energy Solutions and Spatial Scales 4.2 Actors and Relations 4.3 Funding and Financing Schemes 5 Closing Remarks References The Value of the House-City System as an Emerging Identity Towards “Circular Architecture” 1 Introduction 1.1 House-City System, People and Community, Values and Freedom 1.2 Circular Economy 1.3 Closing the Circle in the Energy-Entropic Approach 1.4 Contents and Aims 2 Method 2.1 Energy/Exergy Performance Valuation 2.2 Economic and Financial Assessment 3 Material 3.1 The “Borgata of Santa Lucia” in Syracuse 3.2 Fabrics in Transition 4 Application and Results 4.1 Energy/Exergy Analysis Results 4.2 Discounted Cash Flow Analysis 5 Discussions and Conclusions References The Economic Evaluation of Urban Ecosystem Services into Policy-Making Processes 1 Introduction 2 Work Aim 3 Material and Methods 3.1 Methodolodigical Approaches for Assessing Urban Ecosystem Services 3.2 Decision-Making Tools 4 Evaluation Framework Proposal 4.1 Framework Steps 5 Conclusions References Towards a SDGs Based Neighborhood Sustainability Evaluation Framework: A Tool for Assessing Sustainability at the Urban Micro-Scale 1 Introduction 1.1 Urban and Neighborhood Sustainability Assessment and SDGs 2 N.SDGs Framework: Analysis and Evaluation of Sustainability at the Urban Micro-Level 2.1 N.SDGs Methodology 2.2 N.SDGs Structure and Indicators 2.3 Mobility and Accessibility Sub-Index 3 An Exploratory Case Study 4 Discussion 5 Conclusions References A Case of Local Community Engagement for Urban Regeneration: The South Boston Area 1 Introduction 2 Materials: The Case Study 2.1 The Plan Goals 3 Method: Community Engagement Approach 4 Discussion and Conclusions References Circular Economy and Social Circularity. Diffuse Social Housing and Adaptive Reuse of Real Estate in Internal Areas 1 Circular Economy, Land Consumption and Sustainable Development Goals 2 Net Land Consumption in Italy 3 Unused Buildings and Depopulation in Sicily 4 Real Estate, Territorial and Social Circularities 5 Social Housing and Its Multiple Dimensions 6 An Evaluation Model for Diffuse Social Housing in Internal Areas 7 Conclusions References The Value of Spaces in the Digital Revolution The Value of Spaces in the Digital Revolution 1 Introduction 2 The Fourth Industrial Revolution 3 Smart Spaces 4 Real Estate Appraisal for Smart Homes 5 Methodology 6 Conclusion References Development of a WebGIS Open Platform to Support Community Resilience 1 Introduction 2 Framing the Case Study Territory 2.1 The Susa Valley (Italy) 2.2 Chiomonte 3 The GIS Platform 3.1 The PIRIPIC Strategic Scenario 3.2 The WebGIS 3.3 The Building and Apartment Sheets 4 Conclusions and Future Developments References When Green Turns into Value 1 Green Buildings in the Agenda 2030 Perspective 2 Green Buildings Certification 3 Green Buildings Valuation Approaches 4 Contingent Valuation for Green Buildings 4.1 Green Buildings Parameters and the Questionnaire 5 Future Implications and Conclusions References Smart Redevelopment of Existing Buildings. Use of BIM in Economic Value Judgments 1 Introduction 2 BIM Approach 2.1 Building Information Modeling and Industry 4.0 2.2 BIM: Advantages and Dimensions 2.3 BIM and Appraisal Discipline 3 Methods 3.1 The Highest and Best Use (HBU) 3.2 BIM as an Aid to HBU Appraisal 4 Conclusions and Future Goals References Environmental Discount Rate and Energy Transition. An Application for Germany 1 Introduction 2 Material and Methods 3 Application. An Empirical Estimate for Germany 4 Discussion and Conclusions Referencess