Land management instruments, land and housing markets and investments in rapid mass bus transport systems. Examining the effects of partial plans in Bogota City.

Land management instruments as a tool to intervene in the occupation and use of urban land have been designed, formulated and implemented in different countries of the world in accordance with their respective legal frameworks for urban planning and management. The experience of Latin America has been documented by different authors but little is known about the effects of these instruments on land prices, the generation of housing for different population groups, the promotion of more compact urban forms with high quality public spaces for pedestrians and bicycle users. Little is known about the effects of these instruments in areas where massive transport investments are made, specifically in the area of influence of BRT (Bus Rapid Transit) type bus systems stations. What are the effects of partial plans on urban form and land and housing markets? What effects have partial plans had on areas served by BRT mass transit systems? What have been the effects of partial plans on value capture as part of burden-sharing and benefit-sharing? The present research project seeks to answer these questions through a study of quantitative methods between treatment areas with partial plans in general as well as areas with partial plans that include mass transit stations, and control areas without the application of such instruments in the city of Bogota. The project seeks to estimate the effects of partial plans with a comparison before and after the intervention focusing on outcomes such as land prices, property values and urban form.