ABSTRACT

This chapter focuses on the economic assessment of a relevant urban infrastructure project using expected increase in land values as indicators of the potential benefits to the urban population.

The project concerns the underground laying of a part of the urban rail track in the city of Trento, situated on the Alps, in the north-eastern part of Italy, along the Brenner Corridor Verona-Innsbruck-Munich. In fact the rail represents a barrier inside the city in the north-south direction, generating a low-accessibility, low-quality urban land belt running between the rail itself and a second northsouth barrier represented by the river Adige (Figure 6.1).