On March 13th, 2020, a National Stakeholder meeting has been organised in Paris in order to discuss the work provided by Guelton, Pouillaude and Rosen on “Public value capture instrument and social equity: the French case”. 15 participants attended, among them COST members, civil servants from the national Planning, Construction and Architecture Programme led by Ministry of Ecology and Ministry of Territorial Cohesion, private consultants in land and real estate management, project managers from Strasbourg, president of land observatory in Parisian region, and project managers in Parisian Urban Planning Agency.
The meeting helped identifying stakeholder’s issues and complementary topics to be discuss in COST PuVaCa program.
Places where LVC instrument (French taxe d’aménagement) has been implement give some understandings on local context where the question is relevant and matters. The national overview identifies suburban areas and other places with a great amount of public investment. A micro level study could bring more information.
The impact of LVC instrument on land prices is a subject for thorough study. It has been observed that LVC instrument is implemented on places where land prices are increasing, but it is difficult to solve the riddle of which came first – the chicken or the egg?
It remains difficult to test the economic capacity of developers to share land value uplift: to which extent is it possible to capture this value without market disruption?
Legality of LVC instrument implementation depends on local authority capacity to justify the opportunity of implementation. It varies according to local staff background and according to the actual guidance of administrative courts. The conclusion was that comparison between different LVC instruments could give good understanding of efficiency and efficacity power. Conflicts of interest within public strategies does not help LVC instrument implementation and often lead to shift the purpose of the instrument.