Land value capture (LVC) refers to an urban planning approach that aims to support paying for improved public infrastructure in an area by at least partially recouping the increment in land values in the area resulting from the improved infrastructure.

For example, LVC has been used to fund improvements to Public transport networks, especially heavy rail, in cities such as London, in the United Kingdom.

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Authors Patrick Sunter
Published 2013
License CC-BY-SA-4.0
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