Limited development as a tool for agricultural preservation in Massachusetts

Thesis (M.S.)--Massachusetts Institute of Technology, Dept. of Architecture; and, (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 1988.

Bibliographic Details
Main Author: Tuttle, William D. (William Davis)
Other Authors: Phillip B. Herr.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2013
Subjects:
Online Access:http://hdl.handle.net/1721.1/78081
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author Tuttle, William D. (William Davis)
author2 Phillip B. Herr.
author_facet Phillip B. Herr.
Tuttle, William D. (William Davis)
author_sort Tuttle, William D. (William Davis)
collection MIT
description Thesis (M.S.)--Massachusetts Institute of Technology, Dept. of Architecture; and, (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 1988.
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spelling mit-1721.1/780812019-04-11T06:15:24Z Limited development as a tool for agricultural preservation in Massachusetts Tuttle, William D. (William Davis) Phillip B. Herr. Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. Massachusetts Institute of Technology. Dept. of Architecture. Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. Architecture. Urban Studies and Planning. Thesis (M.S.)--Massachusetts Institute of Technology, Dept. of Architecture; and, (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 1988. Includes bibliographical references (leaves 192-197). Limited development offers the hope of turning market development pressure which threatens open land into a means for financing its protection. In theory, the profit from developing a small portion of a parcel can be used to subsidize the protection of the remainder. This thesis critically examines the financial, institutional, and agricultural effectiveness of limited development as a tool for protecting farmland. An alternative accounting methodology is proposed which expresses cash flows as sources and uses of subsidies for the support of non-market land uses, allowing comparison of limited development and traditional tools for financing land conservation. The model also attempts to determine the extent to which limited development profits are due to enhancement of development land value by the restriction of adjacent open space, market appreciation in real estate prices, and deal-making and subdivision of land. The model assumes the perspective of a non-profit limited developer. The model is then applied to three Massachusetts case studies of farmland preservation through limited development. The agricultural viability of the protected farmland is briefly examined in each case study. The thesis concludes that limited development often provides only a minor supplement to public subsidy programs and private contributions in the protection of farmland, although it can supply significant subsidies in some cases. Furthermore, limited development can put a non-profit into the awkward and risky role of a for-profit developer. Agriculturally, limited development leaves small farm parcels adjacent to residential use. While not ideal, such a pattern is typical of metropolitan areas, and one to which some farmers have successfully adapted. by William D. Tuttle, III. M.C.P. M.S. 2013-03-28T18:00:44Z 2013-03-28T18:00:44Z 1988 1988 Thesis http://hdl.handle.net/1721.1/78081 18369039 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 v, 267 leaves application/pdf n-us-ma Massachusetts Institute of Technology
spellingShingle Architecture.
Urban Studies and Planning.
Tuttle, William D. (William Davis)
Limited development as a tool for agricultural preservation in Massachusetts
title Limited development as a tool for agricultural preservation in Massachusetts
title_full Limited development as a tool for agricultural preservation in Massachusetts
title_fullStr Limited development as a tool for agricultural preservation in Massachusetts
title_full_unstemmed Limited development as a tool for agricultural preservation in Massachusetts
title_short Limited development as a tool for agricultural preservation in Massachusetts
title_sort limited development as a tool for agricultural preservation in massachusetts
topic Architecture.
Urban Studies and Planning.
url http://hdl.handle.net/1721.1/78081
work_keys_str_mv AT tuttlewilliamdwilliamdavis limiteddevelopmentasatoolforagriculturalpreservationinmassachusetts