56
L. Sdino et al.
The results obtained, however, must be carefully evaluated in relation to some
uncertainty factors which could further affect the feasibility of the intervention,
including:
– the costs of disposing of the materials from the demolition, where the presence of
pollutant substances may be identified (asbestos, etc.);
– the potential demand for buildings that will be constructed and their corresponding
sales timing, in relation to a Genoese real estate market that has been characterised
by lower prices and a lack of vibrancy in trading activity for over a decade in relation
to the entire existing housing stock;
– the permitting timelines and any requirements that might affect the economic
feasibility conditions.
Also, if the feasibility conditions can be guaranteed by a massive use of public
resources, it is permissible to ask what the overall social benefits obtained from an
operation conceived in this way are and whether they are justified compared to a
“fair” allocation of public economic resources.
In other words, in another vision of sustainability understood as being fair to work,
an intervention should first be true (economically feasible), good (socially correct)
and beautiful (environmentally acceptable) (Sdino et al. 2018).
References
Brenner, N., & Theodore, N. (Eds.). (2002). Spaces of neoliberalism: urban restructuring in North
America and Western Europe. Malden: Blackwell.
Calabrò, F., & Della Spina, L. D. (2014). “The public-private partnerships in buildings regeneration:
A model appraisal of the benefits and for land value capture” in Advanced Materials Research.
Trans Tech Publications Ltd., 931–932, 555–559.
Cutini, V., & Rusci, S. (2016). Ai tempi della crisi. il mercato immobiliare e le influenze sulla
pianificazione. Archive of Urban and Regional Studies, (116), 91–114.
De Gaspari, M. (2013). Bolle di mattone. La crisi italiana a partire dalla città. Come il mattone
può distruggere un’economia. Milan: Mimesis.
Dicken, P. (2003). Global shift: reshaping the global and economic map in the 21st century. New
York: Guilford Press.
Napoli, G. (2015). “Financial sustainability and morphogenesis of urban transformation project”.
In Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence
and Lecture Notes in Bioinformatics) (Vol. 9157, pp. 178–193). Springer.
Nespolo, L. (2012). Rigenerazione urbana e recupero del plusvalore fondiario. Le esperienze di
Barcellona e Monaco di Baviera. Florence: IRPET.
Ombuen, S. (2018). “Rendite e finanziarizzazione nelle economie urbane”. In: Urban@it National
Centre of Studies for urban policy—Fourth Report on the cities. Il governo debole delle economie
urbane. Bologna: Il Mulino.
Palermo, P., & Ponzini, D. (2012). At the crossroads between urban planning and urban design:
Critical lessons from three Italian case studies. Planning Theory & Practice, 13(3), 445–460.
Prizzon, F. (1995). La valutazione degli investimenti immobiliari. Turin: Celid.
Rebaudengo, M., & Prizzon, F. (2017). “Assessing the investments sustainability after the new code
on public contracts”. In Lecture Notes in Computer Science (including subseries Lecture Notes
in Artificial Intelligence and Lecture Notes in Bioinformatics) (Vol. 10409, pp. 473–484). LNCS.
L. Sdino et al.
The results obtained, however, must be carefully evaluated in relation to some
uncertainty factors which could further affect the feasibility of the intervention,
including:
– the costs of disposing of the materials from the demolition, where the presence of
pollutant substances may be identified (asbestos, etc.);
– the potential demand for buildings that will be constructed and their corresponding
sales timing, in relation to a Genoese real estate market that has been characterised
by lower prices and a lack of vibrancy in trading activity for over a decade in relation
to the entire existing housing stock;
– the permitting timelines and any requirements that might affect the economic
feasibility conditions.
Also, if the feasibility conditions can be guaranteed by a massive use of public
resources, it is permissible to ask what the overall social benefits obtained from an
operation conceived in this way are and whether they are justified compared to a
“fair” allocation of public economic resources.
In other words, in another vision of sustainability understood as being fair to work,
an intervention should first be true (economically feasible), good (socially correct)
and beautiful (environmentally acceptable) (Sdino et al. 2018).
References
Brenner, N., & Theodore, N. (Eds.). (2002). Spaces of neoliberalism: urban restructuring in North
America and Western Europe. Malden: Blackwell.
Calabrò, F., & Della Spina, L. D. (2014). “The public-private partnerships in buildings regeneration:
A model appraisal of the benefits and for land value capture” in Advanced Materials Research.
Trans Tech Publications Ltd., 931–932, 555–559.
Cutini, V., & Rusci, S. (2016). Ai tempi della crisi. il mercato immobiliare e le influenze sulla
pianificazione. Archive of Urban and Regional Studies, (116), 91–114.
De Gaspari, M. (2013). Bolle di mattone. La crisi italiana a partire dalla città. Come il mattone
può distruggere un’economia. Milan: Mimesis.
Dicken, P. (2003). Global shift: reshaping the global and economic map in the 21st century. New
York: Guilford Press.
Napoli, G. (2015). “Financial sustainability and morphogenesis of urban transformation project”.
In Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence
and Lecture Notes in Bioinformatics) (Vol. 9157, pp. 178–193). Springer.
Nespolo, L. (2012). Rigenerazione urbana e recupero del plusvalore fondiario. Le esperienze di
Barcellona e Monaco di Baviera. Florence: IRPET.
Ombuen, S. (2018). “Rendite e finanziarizzazione nelle economie urbane”. In: Urban@it National
Centre of Studies for urban policy—Fourth Report on the cities. Il governo debole delle economie
urbane. Bologna: Il Mulino.
Palermo, P., & Ponzini, D. (2012). At the crossroads between urban planning and urban design:
Critical lessons from three Italian case studies. Planning Theory & Practice, 13(3), 445–460.
Prizzon, F. (1995). La valutazione degli investimenti immobiliari. Turin: Celid.
Rebaudengo, M., & Prizzon, F. (2017). “Assessing the investments sustainability after the new code
on public contracts”. In Lecture Notes in Computer Science (including subseries Lecture Notes
in Artificial Intelligence and Lecture Notes in Bioinformatics) (Vol. 10409, pp. 473–484). LNCS.