Author: World Bank Group

Publisher:

Published: 2018

Total Pages:

ISBN-13:

The purpose of this report is to explore opportunities to better integrate land use and public transit planning in Belgrade. Specifically, the aim is to develop an approach toward Transit-Oriented Development (TOD) for Belgrade building off the city's recently approved Transport Master Plan (2017). The Transport Master Plan, which is to be implemented over the next 16 years (through2033), includes all modes of transport: automobiles, public buses, trams, metro, and commuterrail service (known as BG Voz). The required total investment is estimated to be over 400 millioneuros excluding the metro project. Thus, implementation will require large sums of money for bothcapital and operational expenses, while the city has limited financing resources. Given the fiscalconstraints, it would be prudent for Belgrade city authorities to explore self-financing projectschemes for urban transit and land development, incorporating land value capture (LVC). Thisreport evaluates the Transport Master Plan together with other available data to find ways to realize TOD and LVC in Belgrade, including identifying current gaps in knowledge towards such a goal. There are several large-scale, long-term urban development projects envisaged for Belgrade such as development of the Makis Polje area and Waterfront Railway Yard Conversion Project and theWaterfront. The Transport Master Plan considers these developments as a given. The projected future populations in these sites serve as the base to model future traffic demand, and to evaluate the proposed transport investment projects. The Transport Master Plan recognizes the need for detailed planning and economic verification of these urban development schemes.