George Hazel on Land Value Capture Funding

Everyone agrees we need more sustainable transport but no-one has enough money to pay for it.

Could ‘land value capture’ be the answer? This is the approach where by transport lines are funded through the increases in the land value that the stations stimulate.

Well, George Hazel thinks so. In fact, he knows so, because he developed the land value capture method used for the recently-reopened Northumberland line.