Urban Development at #CK2018 | Luca Lo Re

1. A product of WRI Ross Center for Sustainable Cities
LUCA LO RE, LUCA.LORE.5@WRI.ORG
THE GREEN CORRIDOR TOD
PROJECT OF CALI, COLOMBIA
Project overview, FSCI Support and Land Value Capture
opportunities

2. GREEN CORRIDOR - CONTEXT
COLOMBIA
49 M
inhabitants
VALLE DEL
CAUCA
4.5 M
inhabitants
SANTIAGO
DE CALI
2.4 M
inhabitants
TEMPERATURE
23.1 °C (avg)
AREA
619 Km2 total area
120 Km2 urban area
ELEVATION
1018 m above
sea level
7 RIVERS SUGAR CANE

3. TRANSIT-ORIENTED DEVELOPMENT CONTEXT
BUENAVENTURA
N BUENAVENTURA
407,539
PALMIRA
306,727
YUMBO
119,889
JAMUNDÍ
122,030
CANDELARIA
82,898
PUERTO TEJADA
45,840
SANTIAGO DE CALI
2,394,870
TOTAL POPULATION
AFFECTED BY TOD
PROJECT = 3.5 M

4. GREEN CORRIDOR OF CALI - YESTERDAY
Source: http://expovirtuales.bibliovalle.gov.co/project/el-ferrocarril/
1915
• Railway developed in Cali
• Commercial development
• Spatial barrer dividing city in two
(east/west)

5. GREEN CORRIDOR OF CALI - TODAY
Source: EMRU, 2018
N
• Around 1990, railway abandoned, little economic
development around it
• Even more accentuated spatial barrer for the city
(east/west)
• Conservation of large green areas
• High potential for urban intervention and
rehabilitation of the railway

6. GREEN CORRIDOR OF CALI – PROJECT IDEA
Source: EMRU, 2018
CORREDOR VERDE
EQUIPAMIENTOS
BARRIOS ÁREA DE INFLUENCIA
N• Transit-Oriented Development project: Light Rail
Train + redensification project (urban regeneration)
PUBLIC SPACE
Reactivation of the axis of the old
railway line: generation of new public
space derived from the redevelopment
of its edges.
• Light rail train development
• 22 km of bike & pedestrian paths
• Transversal intermodality
MOBILITY
Urban densification will
guarantee the demand, the use of
the mobility systems and the
public space.
URBAN DEVELOPMENT

7. GREEN CORRIDOR OF CALI - STATUS
Source: EMRU, 2018
• Large number of studies undertaken
• Technical support to city for:
• Selection of type of mass-transit
technology (BRT vs train vs others)
• Structure of business model framework
• Land-Value Capture study to assess
funding opportunities
• Securing funding opportunity (NAMA
Facility through NAMA-TOD) and
prioritization of interventions
In
coordination
with:
• Key stakeholders dialogue facilitation
• Capacity building sessions

8. GREEN CORRIDOR OF CALI – NAMA FACILITY
Source: EMRU, 2018
• Funding opportunity of around 5M EUR
• Pilot project/interventions prioritised and selected
for quick implementation
• Interventions consider TOD principles and GHG
mitigation
7
8
P.E. SAN VICENTE
P.E. ANTIGUA LICORERA DEL VALLE
P.E. PORVENIR
P.E. INDUSTRIAL
P.E. PARQUE CENTRAL
P.E. BELALCAZAR
P.E. GALERIA SANTA ELENA
P.E. EL SENA CARRERA 7
P.E. HOYO Y PILOTO
P.E. SAN NICOLÁS
7
4
P9 Y 10

9. GREEN CORRIDOR OF CALI – LVC
Source: EMRU, 2018
• Land Value Capture study just concluded (Feb 2018)
• Identified a few LVC instruments that can be potentially usable in Colombia:
1. Public funding instruments:
• Revenues from sales, contributions or leasing of taxable properties.
• Taxes for the use of the public space.
2. Fiscal instruments:
• Property tax.
• Special assessment or betterment levy to recover costs of public works.
3. Urban planning instruments:
• Capital gains arising from land value increments.
• Differentiated management for urban development.
• Value capture through the urban planning.

10. A product of WRI Ross Center for Sustainable Cities
LUCA LO RE, LUCA.LORE.5@WRI.ORG
THANK YOU FOR YOUR ATTENTION