Abstract
ABSTRACT The transfer of development rights (TDR) has been widely used in the preservation of historic districts. The Dihua Street TDR (DS-TDR) in Taipei, Taiwan, successfully preserves the exteriors of historic buildings and traditional landscape in Dihua Street, without significant displacement of previous residents or increases in rents. This study describes this process as ‘alternative gentrification’, which facilitates the coexistence of traditional and new industries in historic districts, unlike typical gentrification in other cities. Although new shops gradually replace existing shops, the rent level remains relatively affordable compared with other shopping streets in the Taipei city centre. These aspects enable the coexistence of a clustering of new creative-industrial stores and existing stores within the buildings restored and landscaped by the DS-TDR.
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