ABSTRACT
The idea of TDR sprouted in Israel in the early 1990s, when Tel Aviv's City Planning Department devised the first Tradable development rights (TDR) scheme, using it to preserve modern and eclectic architecture in the historic urban core of the city. Israeli TDR policies have been promoted to secure public goods but they were also put in place to counteract potential 'takings' claims by landowners. The Tel Avivian TDR program is the first and most significant program in Israel. When a local planning authority wishes to introduce a TDR mechanism, it would normally have to be supported by regional planning bodies. As in the US, in the Israeli arena an evaluation of TDR's efficiency ought to be carried out in light of its policy objectives. In Tel Aviv, TDR opened the hatch for multi-spot zoning where high-rises sprout in the existing low-rise fabric.
