A Roadmap on Value-Based Distribution Model-The Case of Ismetpasa Neighborhood


Başdoğan S., Babacan Demirel A., Saygılı B., Bıyıklı N., Yaşar U., Markoç İ.

IV. International Conference on Real Estate Development and Management ICREDM 2025 , Ankara, Türkiye, 3 - 05 Şubat 2025, ss.147-148

  • Yayın Türü: Bildiri / Özet Bildiri
  • Basıldığı Şehir: Ankara
  • Basıldığı Ülke: Türkiye
  • Sayfa Sayıları: ss.147-148
  • Yıldız Teknik Üniversitesi Adresli: Evet

Özet

İstanbul has several regions with significant concentrations of earthquakevulnerable structures. Large-scale urban redevelopment initiatives are being executed in collaboration with public and private sectors to enhance the resilience of these places to natural disasters. These applications are mostly executed via land allocation methods, resulting in a devaluation for the rights holders. This research seeks to provide a roadmap including the value-based distribution model, participation, and the Produce-TransferDischarge model. To establish this roadmap, the value-based distribution model and the produce-transfer-discharge model were examined via a literature research, and the evaluation variables (physical and social) pertinent to the value-based distribution model were identified. In this study, Ismetpasa Neighborhood in Bayrampasa District was selected due to its classification as a seismically hazardous location and the implementation of the produce-transfer-discharge paradigm in the continuing urban development. To assess the area's potential, a physical and sociological mapping of İsmetpaşa Neighborhood was conducted and analyzed using SWOT analysis. As a result of the study, the need to establish a value-based distribution model that takes into account the right of ownership and the public interest, rather than the principles of land arrangement, in areas where urban redevelopment is to be realized and where the right of ownership is dense, has been revealed. The list of valuation factors integrated into the field study has been transformed into a road map with a timeline and role of stakeholders. A more equitable distribution should be based on value rather than area and in addition to the public right, the contractor's share should also be taken into consideration to meet the financing is determined. The study brings a novel viewpoint on urban redevelopment programs by incorporating the roadmap and the produce-transferdischarge-repeat paradigm. Key Words: Value-based distribution, produce-transfer-discharge, urban redevelopment, land regulation