Joint Development and How it Motivates the Development of Urban Subways

摘要

Urban subway has great social efficiency, but its construction and operation costs are very expensive. Joint development is a product of cooperation between the public and private sectors. It can integrate planning and construction of urban subway with land development. The concept of joint development was introduced on the basis of expounding the relationship between urban subway and land development. The effects and mechanism of joint development were studied from two aspects: subway stations and subway impact areas. For the subway stations, we focused on the selection of station locations and the joint development of subway site business model. For the subway impact areas, we evaluated the influence of subway on land value of surrounding areas.The related area mode and the mechanism of joint development in the subway site areas were specifically analyzed.