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dc.contributor.advisorKairos Shen.en_US
dc.contributor.authorDowney, Patrick(Patrick R.)en_US
dc.contributor.otherMassachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development.en_US
dc.date.accessioned2021-01-06T17:40:08Z
dc.date.available2021-01-06T17:40:08Z
dc.date.copyright2020en_US
dc.date.issued2020en_US
dc.identifier.urihttps://hdl.handle.net/1721.1/129101
dc.descriptionThesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, September, 2020en_US
dc.descriptionCataloged from student-submitted PDF of thesis.en_US
dc.descriptionIncludes bibliographical references (pages 88-94).en_US
dc.description.abstractPermitting and executing large scale real estate developments in Boston, Massachusetts is difficult. The process is time and capital intensive due to the nature of an outdated zoning code that exists to induce project-by-project negotiation with the central permitting authority, the Boston Planning and Development Agency ("BPDA"). Critics of the BPDA and Boston's zoning system contend that the city's zoning practices favor developers and investors at the expense of thoughtful neighborhood building and public benefits. In light of this argument, this paper analyzes the public benefits secured by the city at Seaport Square and compares them against the estimated public benefits produced by the highly prescriptive zoning code of Seattle, Washington. The analysis begins with a general comparison of prescriptive versus negotiated zoning frameworks before more specifically comparing the respective systems in Seattle (highly prescriptive) and Boston (highly negotiated). It then provides a narrative overview of the Seaport Square zoning and permitting process to date to provide context around the public-private negotiation, itemize public benefits secured, and illustrate the mechanics of how those benefits are delivered. After evaluating the actual public benefits generated in Boston, the application of zoning regulations of an analogous neighborhood in Seattle is used to estimate public benefit outputs of Seaport Square under a legislatively prescribed zoning environment. Finally, it assesses common arguments against Boston's current zoning framework and discusses potential implications of a shift toward a more predictable, prescriptive system.en_US
dc.description.statementofresponsibilityby Patrick Downey.en_US
dc.format.extentpagesen_US
dc.language.isoengen_US
dc.publisherMassachusetts Institute of Technologyen_US
dc.rightsMIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided.en_US
dc.rights.urihttp://dspace.mit.edu/handle/1721.1/7582en_US
dc.subjectCenter for Real Estate. Program in Real Estate Development.en_US
dc.titleNegotiated and prescriptive zoning : a comparison of Boston and Seattle through the lens of Seaport Squareen_US
dc.typeThesisen_US
dc.description.degreeS.M. in Real Estate Developmenten_US
dc.contributor.departmentMassachusetts Institute of Technology. Center for Real Estateen_US
dc.identifier.oclc1227099066en_US
dc.description.collectionS.M.inRealEstateDevelopment Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estateen_US
dspace.imported2021-01-06T17:40:07Zen_US
mit.thesis.degreeMasteren_US
mit.thesis.departmentREDen_US


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