The enhancement of public real-estate assets as a resource in urban regeneration processes

Colavitti A. M.;Floris A.

2019-01-01

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Abstract

In the broader scenario of urban regeneration theme, the discussion on the management of public realestate assets has become crucial. The past policies were mainly oriented towards the transposition on the market through different methods of alienation, in order to obtain benefits in economic terms that could mitigate the difficult situation of public finances, underestimating its strategic value.The aim of the paper is to identify a new paradigm, in defining the conditions necessary to determine the success of the enhancement of public real-estate in terms of quality and not just quantity, measuring the effectiveness of these processes substitutingthe economic value with the "social value" of the interventions, in contrast with the traditional approach, integrating the socio-economic aspects with those linked to the territory and the urban habitat, in order to guarantee a tangible benefit for the different involved components.