Purpose – The purpose of this paper is to link economic value to urban green spaces to enhance the value of green urban spaces, along with the added benefit it can offer to the urban environment. Design/methodology/approach – As part of the VALUE project (Valuing Attractive Landscapes in the Urban Economy, made possible by INTERREG IVB North West Europe, European Regional Development Fund, European Territorial Cooperation, 2007-2013), this development approach was designed to enhance the planning of qualitative urban spaces by linking an economic value to green urban spaces, to enhance value and meaning. Findings – Based on case studies conducted in The Netherlands, the approach proves that by linking an economic value to green urban spaces, space is considered differently, authorities tend to prioritize these spaces and additional spinoffs realize. Research limitations/implications – The notion of green-value is subjective and differs between users, experts and between locations. Practical implications – The paper provides local authorities with a new approach to spatial planning, considering the economic value of green urban spaces. Social implications – The paper transforms the way in which green urban spaces are valued and planned; by realizing the intrinsic value of green urban spaces, in terms of social, environmental and economic benefit. Originality/value – The Value Added Planning approach stresses the need for qualitative planning processes that will enhance future economic value and sustainable development initiatives. The green environment is hard to quantify in terms of economic value, but it is this intrinsic value that can provide future benefit and sustainability in terms of place management and development.
Cilliers, E. J., & Timmermans, W. (2013). Approaching value added planning in the green environment. Journal of Place Management and Development, 6(2), 144-154. https://doi.org/10.1108/JPMD-04-2012-0011a