Lecture 7 - The Economic Landscape of the City

Question 1

According to The Economist what is the most liveable city?

Answer 1

Vienna 99.1 percent

Question 2

What is a model of land use?

Answer 2

Function - the sorts of features present in the city
Distribution - where these features are located (residential, business district)
Intensity - how intensively these feature are used

Question 3

What percent is land private, public and streets?

Answer 3

65, 16 and 18 percent

Question 4

what is Bid rent?

Answer 4

the amount of money that a particular parcel of land could expect to receive. Synonymous with land value

Question 5

How to calculate bid rent?

Answer 5

bid rent = Land value at PVI - Access costs

Question 6

What is Prime Value Intersection (PVI)?

Answer 6

point in the city with the greatest degree of access. Point where all other land values are determined. (666 Burrard, $700 sq/foot)

Question 7

What is Access Costs?

Answer 7

the costs associated with distance for a particular function

Question 8

What is Central Business District (CBD)?

Answer 8

the core of the city where transport networks coverage ad land uses are dominated by retail and office functions

Question 9

What is TOD?

Answer 9

Transit Oriented Development

Question 10

What are critical factors for liveable communities?

Answer 10

1. Safety
2. Social connection and inclusion
3. Environmental Sustainability
4. Access to affordable and diverse housing options
5. Linked via public transport, walking and cycling infrastructures to employment, education, local shops etc
6. Public open spaces and parks
7. Health and community services
8. Leisure and Culture