Public market development strategy : making the improbable possible

Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, and (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, Center for Real Estate, 2009.

Bibliographic Details
Main Author: Zade, Joshua Charles
Other Authors: Karl Seidman.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2010
Subjects:
Online Access:http://hdl.handle.net/1721.1/58663
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author Zade, Joshua Charles
author2 Karl Seidman.
author_facet Karl Seidman.
Zade, Joshua Charles
author_sort Zade, Joshua Charles
collection MIT
description Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, and (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, Center for Real Estate, 2009.
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spelling mit-1721.1/586632022-01-14T20:46:33Z Public market development strategy : making the improbable possible Zade, Joshua Charles Karl Seidman. Massachusetts Institute of Technology. Center for Real Estate. Massachusetts Institute of Technology. Center for Real Estate Massachusetts Institute of Technology. Department of Urban Studies and Planning Urban Studies and Planning. Center for Real Estate. Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, and (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, Center for Real Estate, 2009. This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections. Cataloged from student submitted PDF version of thesis. Includes bibliographical references (p. 145-150). Public markets were once central components of the urban food system in American cities, but declined in number and importance by the middle of the 20th century. Despite a diminished role in feeding the city, public markets have persisted, and interest abounds in both existing markets and the development of new ones. In addition to creating an alternative to the mainstream commercial food system, public markets can generate a range of community benefits including small business opportunities, preservation and promotion of local foods and foodways, and a forum for public interaction. Despite these benefits, developing new, permanent, indoor markets is a unique challenge. This paper investigates development strategies for organizations seeking to create new public market halls in U.S cities. Literature specific to public market development is reviewed and contextualized within broader real estate planning frameworks. A detailed case study of the Boston Public Market Association and its efforts to develop a new public market hall in Boston illuminates the difficulties of successfully advancing a public market project. In particular, current opportunities facing that organization illustrate potentially successful strategies to develop a new public market. While developing a public market is not simply a real estate problem, the real estate world's twin criterion of "most fitting and probable use" suggests an appropriate planning structure for public market proponents. (cont.) By planning for a market that is "most fitting" in response to a range of local contexts, market advocates can make the improbable possible by adopting an opportunistic real estate strategy and attracting support and resources from both the public and private sectors. Given the long timeline market projects may face, sustained commitment and diligent activity are essential to successful market development. by Joshua Charles Zade. S.M.in Real Estate Development M.C.P. 2010-09-22T16:05:33Z 2010-09-22T16:05:33Z 2009 2009 Thesis http://hdl.handle.net/1721.1/58663 613221285 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 150 p. application/pdf Massachusetts Institute of Technology
spellingShingle Urban Studies and Planning.
Center for Real Estate.
Zade, Joshua Charles
Public market development strategy : making the improbable possible
title Public market development strategy : making the improbable possible
title_full Public market development strategy : making the improbable possible
title_fullStr Public market development strategy : making the improbable possible
title_full_unstemmed Public market development strategy : making the improbable possible
title_short Public market development strategy : making the improbable possible
title_sort public market development strategy making the improbable possible
topic Urban Studies and Planning.
Center for Real Estate.
url http://hdl.handle.net/1721.1/58663
work_keys_str_mv AT zadejoshuacharles publicmarketdevelopmentstrategymakingtheimprobablepossible