earticle

영어

In the era of low growth, more efficient urban development method is needed to minimize the risk of financing and selling through sufficient consultation between landowners and project implementers. This study focused on the analysis of the feasibility of urban development by mixed method in undivided zone and the deriving of the system improvement. According to a case study on the urban development project in Yeongjong district of Incheon Free Economic Zone, landowners applying for land substitution generate 294,702 million won in profits, while those applying the purchase method generate 2,914,386 million won in profits and 717,751 million won in additional surplus. It was emphasized that special cases for public implementation were expanded to private implementers and that cooperative efforts were needed for common interests.