
URBAN PLANNING AS A GENERATOR OF LAND VALUE: OPPORTUNITIES FOR VALUE CAPTURE IN BULGARIA
(STEF92 Technology, 2026, Nadezhda Yarlovska, Sia Veleva)
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The role of urban planning as a driver of land value creation is examined, with particular attention to the mechanisms through which this value may be captured for public benefit. The study analyses the relationship between planning decisions, the regulatory framework, and land value dynamics in the Bulgarian context, applying the OECD-Lincoln analytical framework to systematically examine the processes of value creation, capture, and redistribution.To this end, the theoretical foundations of land value formation ...
