Market-oriented compensation instruments: lessons for Dutch urban redevelopment

Market-oriented compensation instruments have recently been the focus of considerable attention among planners in several countries, as it is increasingly suggested that the market and not the state should resolve planning problems, with little or no public financial intervention. After earlier experiments in rural areas, planners in the Netherlands are currently looking for an application of these instruments in urban redevelopment practices. The article reflects on these types of instruments in urban redevelopment. Some US cases will be used as illustration, as the country has a long tradition with these instruments, whereas they are relatively new in the Netherlands.