4.1e What is the relationship between cultural and heritage infrastructure investment and land value? What is the evidence and measures for assessing the potential for land value change and its positive and negative implications, including opportunity costs, risks of land value rise on arts ecology and local communities, and potential for off-setting future revenue costs through planning gain?
Background
DCMS is keen to enhance its understanding on how to ensure policies are targeted, tailored and effective in the places that need them most. The department is interested in the drivers of economic growth in different places, how cultural and heritage investment can affect socio-economic outcomes in these places and what are the most important prerequisite conditions for effective cultural investment. We seek research on the role and drivers of cultural sectors in creating and delivering community services, and what programmes or approaches are the most effective in delivering an increase in social cohesion, community attachment and belonging. Furthermore, DCMS is interested in the specific place-based factors that enable a successful commercial art market. DCMS also welcomes research offering international comparative analysis for all of these themes.
Next steps
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Topics
Related UKRI funded projects
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Triangulation of values using different valuation methods - CAVEAT
CAVEAT will identify and mitigate the caveats associated with current valuation methods when applied to culture and heritage capital to inform decision making. CAVEAT will explore how to best triangulate existing valuati...
Funded by: AHRC
Lead research organisation: University of Glasgow
Why might this be relevant?
The project addresses the relationship between cultural and heritage infrastructure investment and land value, providing evidence and measures for assessing potential changes.
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CUMET : Cultural Heritage in the Metropolitan Peripheries
The proposed research aims at analyzing two parallel but concurrent phenomena: I) The increasing recognition of the interest of diverse stakeholders in cultural heritage located in the metropolitan peripheries of Europea...
Funded by: AHRC
Lead research organisation: University of Edinburgh
Why might this be relevant?
The project partially addresses the relationship between cultural heritage in metropolitan peripheries and land value, focusing on new development scenarios and community involvement.
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A Sustainable Future for the Historic Urban Core - SHUC
The historic urban cores of European towns are a major European cultural asset. (J. Pendlebury, 2009; J. Pendlebury & Strange, 2011) However, their planning and management vary significantly because of different inst...
Funded by: AHRC
Lead research organisation: Newcastle University
Why might this be relevant?
The project partially addresses the relationship between cultural heritage in historic urban cores and land value, focusing on changing practices in urban planning and management.