Transfer of Development Rights
Our cities entered a new process of regeneration, primarily due to disaster risks. In the new process, our cities will be re-blended with demolish and re-build approach. The introduction of Transfer of Development Rights, Development Bonus and Value Increase Share in legal regulations indicate that the financialization process is starting.
In this new era, the answer to the basic question will be important; will Additional Development Rights or Regeneration Bonuses be given by a holistic planning approach and equity principle?
TDR method is can be one of the solutions to reduce the risk of building and quality of life in the majority of our cities.
Rather than increasing the intensity of development bonuses in order to obtain public spaces in highly dense structured neighborhoods, development rights can be transferred or sold to cover the cost of demolishing and rebuilding.
TDR can also be used as a solutionto protect our cultural and natural assets and to restrict development in and around sensitive areas such
as basins and lakes.
The aims of the TDR and SDR methods and development bonuses should be; to protect our
natural and cultural assets under development pressure, to maintain equal sharing of values and to provide protection and development balance.
The integration of real estate sector and finance sector will challenge our planning practice through various dimensions. TDR will be the first step in this. The task of planners is to ensure that the advantages and disadvantages of implementing this vehicle are analyzed correctly and that the scenarios and environments are well prepared for the successful implementation of sample
Kentsel Strateji, 2013