Financial balance is a requisite for the sustained operation of urban regeneration projects in the stock-based planning period.From the perspective of financial balance,this paper analyzes the operation strategy and m...Financial balance is a requisite for the sustained operation of urban regeneration projects in the stock-based planning period.From the perspective of financial balance,this paper analyzes the operation strategy and mechanism of the LM Apartments Project in Shuiwei Village of Shenzhen from four aspects:the financial input in the initial stage,the revenue and expenditure in the operational stage,the financial relationship between multiple stakeholders,and the control of non-financial costs.The findings reveal that under the tripartite cooperation between the government,the state-owned enterprise,and the village collective,the LM Apartments Project in Shuiwei Village is a model of urban village regeneration that effectively supplements Shenzhen’s government-subsidized housing system.Of the three parties,the government provides policy support and asset-light investment;Shum Yip Group,a state-owned enterprise,has carried out innovative practices of urban village regeneration while making a small profit;the Shuiwei village collective has achieved sustained economic benefits and a high-quality living environment.The paper further discusses the external effects of this practice and probes into the conditions for the wide application of this mode in the hope of providing a useful reference for promoting the application of the financial balance mechanism in urban village regeneration projects.展开更多
基金the General Program of the Social Science Fund of Fujian Province entitled“Research on Spatial Planning and Control of Coastal Zones in Fujian Province Based on Socio-Ecological Vulnerability Assessment”(No.FJ2022B051)the program of the Natural Science Foundation for Young Scholars of Xiamen City entitled“Research on Spatial Vulnerability Assessment and Resilience and Safety Improvement Technology in Coastal Zones”(No.3502Z20227024)+1 种基金the General Program of the National Natural Science Foundation of China entitled“Research on Identification,Characteristics,and Formation Mechanism of New Urban Space Based on Consumers’Willingness”(No.52378078)the Natural Science Foundation Program of Fujian Province entitled“Research on Spatial Resilience and Safety Planning and Control Technology for Coastal Zones Based on Vulnerability Assessment”(No.2023J01009).
文摘Financial balance is a requisite for the sustained operation of urban regeneration projects in the stock-based planning period.From the perspective of financial balance,this paper analyzes the operation strategy and mechanism of the LM Apartments Project in Shuiwei Village of Shenzhen from four aspects:the financial input in the initial stage,the revenue and expenditure in the operational stage,the financial relationship between multiple stakeholders,and the control of non-financial costs.The findings reveal that under the tripartite cooperation between the government,the state-owned enterprise,and the village collective,the LM Apartments Project in Shuiwei Village is a model of urban village regeneration that effectively supplements Shenzhen’s government-subsidized housing system.Of the three parties,the government provides policy support and asset-light investment;Shum Yip Group,a state-owned enterprise,has carried out innovative practices of urban village regeneration while making a small profit;the Shuiwei village collective has achieved sustained economic benefits and a high-quality living environment.The paper further discusses the external effects of this practice and probes into the conditions for the wide application of this mode in the hope of providing a useful reference for promoting the application of the financial balance mechanism in urban village regeneration projects.
