Book

The Hidden Wealth of Cities : Creating, Financing, and Managing Public Spaces

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collection.link.129
https://openknowledge.worldbank.org/handle/10986/5993
collection.name.129
Stand alone books
dc.contributor.author
Kaw, Jon Kher
dc.contributor.author
Lee, Hyunji
dc.contributor.author
Wahba, Sameh
dc.date.accessioned
2020-01-15T18:30:26Z
dc.date.available
2020-01-15T18:30:26Z
dc.date.issued
2020-02-11
dc.date.lastModified
2021-05-25T09:31:48Z
dc.description.abstract
In every city, the urban spaces that form the public realm—ranging from city streets, neighborhood squares, and parks to public facilities such as libraries and markets—account for about one-third of the city’s total land area, on average. Despite this significance, the potential for these public-space assets—typically owned and managed by local governments—to transform urban life and city functioning is often overlooked for many reasons: other pressing city priorities arising from rapid urbanization, poor urban planning, and financial constraints. The resulting degradation of public spaces into congested, vehicle-centric, and polluted places often becomes a liability, creating a downward spiral that leads to a continuous drain on public resources and exacerbating various city problems. In contrast, the cities that invest in the creation of human-centered, environmentally sustainable, economically vibrant, and socially inclusive places—in partnership with government entities, communities, and other private stakeholders—perform better. They implement smart and sustainable strategies across their public space asset life cycles to yield returns on investment far exceeding monetary costs, ultimately enhancing city livability, resilience, and competitiveness. The Hidden Wealth of Cities: Creating, Financing, and Managing Public Spaces discusses the complexities that surround the creation and management of successful public spaces and draws on the analyses and experiences from city case studies from around the globe. This book identifies—through the lens of asset management—a rich palette of creative and innovative strategies that every city can undertake to plan, finance, and manage both government-owned and privately owned public spaces.
en
dc.identifier
http://documents.worldbank.org/curated/en/455711581495504073/The-Hidden-Wealth-of-Cities-Creating-Financing-and-Managing-Public-Spaces
dc.identifier.isbn
978-1-4648-1449-5
dc.identifier.uri
http://hdl.handle.net/10986/33186
dc.language
English
dc.publisher
Washington, DC: World Bank
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
CITY DEVELOPMENT STRATEGY
dc.subject
URBANIZATION
dc.subject
URBAN PLANNING
dc.subject
PUBLIC SPACE
dc.subject
URBAN ENVIRONMENT
dc.subject
PLACEMAKING
dc.subject
CITY TRANSFORMATION
dc.subject
ASSET MANAGEMENT
dc.subject
LIFE CYCLE MANAGEMENT
dc.subject
LAND VALUE CAPTURE
dc.subject
URBAN REGENERATION
dc.subject
LIVABLE CITY
dc.subject
REMOTE SENSING
dc.subject
SPATIAL PLANNING
dc.title
The Hidden Wealth of Cities
en
dc.title.subtitle
Creating, Financing, and Managing Public Spaces
en
dc.type
Book
en
okr.associatedcontent
https://openknowledge.worldbank.org/handle/10986/33197 Handbook for Gender-Inclusive Urban Planning
okr.associatedcontent
https://www.worldbank.org/en/topic/urbandevelopment/publication/the-hidden-wealth-of-cities-creating-financing-and-managing-public-spaces Official publication page
okr.crossref.title
The Hidden Wealth of Cities: Creating, Financing, and Managing Public Spaces
okr.date.disclosure
2020-02-11
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1016/978-1-4648-1449-5
okr.identifier.doi
10.1596/978-1-4648-1449-5
okr.identifier.internaldocumentum
211449
okr.identifier.report
145968
okr.imported
true
en
okr.language.supported
en
okr.topic
Urban Development :: City Development Strategies
okr.topic
Urban Development :: National Urban Development Policies & Strategies
okr.topic
Urban Development :: Urban Economic Development
okr.topic
Urban Development :: Urban Environment
okr.unit
GSURR

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