Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Applying land value capture to bus networks

Steve Hayes Lichfield WS14
19 March 2021
 

I was very interested to read the article in the 05 February issue explaining how land value capture is being used to fund the reopening of the Northumberland line railway (‘Railway reopening breaks new ground for land value capture’ LTT 05 Feb). I hope this project is a success and that many more schemes can be funded through this method.

Whilst this is an innovative method to fund transport infrastructure, I have often thought that a similar mechanism should be considered to...

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