Urban re-development projects generate various positive as well as negative spatial externalities to the existing population in a given area. This study aims to assess the order of magnitude of the expected net benefits for incumbent residents from a large-scale project in the southern part of Amsterdam (the Netherlands), which is planned to transform the area into a large multi-functional urban centre. We employ a specific stated preference method (namely, a willingness-to-accept method) to assess the net socio-economic benefits for the population in the area concerned. Our approach explicitly considers perceived costs and benefits in the foreseen 'end-states' as well as those incurred during the transitional (construction) phase towards such end-states. It is concluded that the multi-functional urban re-development project under consideration is not supported by the residents in the area, as the long-run benefits are perceived to be overshadowed by the short-run environmental nuisances. © 2011 Copyright Taylor and Francis Group, LLC.
Rodenburg, C. A., Nijkamp, P., de Groot, H. L. F., & Verhoef, E. T. (2011). Residents' Benefits of Multi-functional Land-Use Projects: A Stated Preference Approach to a Case Study in Amsterdam. International Planning Studies, 16(4), 397-417. https://doi.org/10.1080/13563475.2011.618338