ABSTRACT
This chapter indicates the importance of considering the impact of transportation infrastructure on property values and using the causality between property and infrastructure in terms of distance in planning evaluation. Therefore, it emphasises and clearly shows the need to improve the efforts of establishing a place based approach to planning evaluation. The chapter reviews and contrasts two value capture financing strategies for covering part of Crossrail project's costs in London. The strategies are evaluated using 15 tangible and intangible decision criteria. Technically this is achieved combining Multi-criteria Decision Analysis methods. The proposed framework combines Analytic Hierarchy Process (AHP) and Ideal Point Methods. AHP provides a consistent framework for the integration of decision-makers' preferences aiming to support the criterion weights elicitation procedure. On the other hand, Ideal Point Methods provide the analysis with a variety of operators that allows policy makers to handle the level of compensation among the analysis criteria.
