Abstract

The land readjustment method of land assembly has an extensive international history, but is virtually unknown to professional planners and real estate developers in the United States. Its potential benefits are many. It promises to produce efficient development patterns, maximize value creation, minimize population displacement, fund the construction of project-related infrastructure and public facilities and protect the rights of property owners. Decades of experience in Japan and Germany, among other countries, have shown land readjustment to be a flexible tool adaptable to many development scenarios and cultural contexts.