Value Capture In Situ: Participation, Evaluation, and Signaling in Kansas City, MO

This paper provides a qualitative examination of the implementation of a value capture–funded streetcar investment in Kansas City, MO. Using semi-structured interviews, I show that the local benefits of value capture financing go beyond revenue-raising. Local officials used value capture to limit the public approval process to residents who supported enhanced transit and to redefine the metrics of a successful transport investment in terms of land development impacts. This strategic, and unexpected, use of value capture underwrites property-led economic development that uses infrastructure investments to signal public-sector priorities, in terms of both geography and populations.

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  • English

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  • Accession Number: 01847724
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 31 2022 3:36PM