Opportunities for Urban Revitalisation

Abstract

The purpose of this article is to create an awareness of commercial property development opportunities offered by transport land. Examples are presened of such developments in first world countries. A systematic approach towards effective development of transport land is proposed. This requires that efforts and inputs of specialist professionals, property owners, local authorities, and public representives should be co-ordinated. Lastly, it is recommended that owners of transport land should attempt to maintain a balance between serving the public interest and pursuing profitability.