Abstract
Abstract High landscape quality is a promising policy to enhance the chances of commercial sites on redeveloped brownfields. But does it really boost demand and increase the land values of these sites? This question was analysed within the framework of the Interreg IIIB-project: Creating a Setting for Investment. The study discusses methodological questions and gives empirical evidence for some of the benefits of landscape measures on commercial areas. The main results: • The hypothesis that landscape measures within brownfield redevelopment projects result in higher land values could not be confirmed in the Ruhr area. • However, further direct effects of high landscape quality which could not be quantified in the study should be taken into account as well: Landscape measures can contribute to cost reductions, for example, if contaminated soil is used to create hills instead of dumping it. Landscape measures reduce the NIMBY effect, thereby facilitating the development of the commercial area. To account f...
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