THE ISSUE FOR “INTEGRATED DESIGN & MANAGEMENT FOR ATTRACTIVE TRANSIT HUB” IN JAPANESE REGIONAL CITIES

Abstract

 In recent years, the hollowing out of downtown areas in regional cities due to population decline and an aging society with a low birth rate remains a prominent issue. Then as a solution to this situation, “Integrated Design & Management (IDM) for attractive transit hub” is attracting attention. This study analyzed land price retention rates to determine whether “IDM for attractive transit hub” is generating economic benefits that extend to the broader surrounding area (within walking distance). The results revealed that “IDM for attractive transit hub” with an open space ratio of 60% or higher, as well as initiatives actively utilize that are more likely to maintain or increase land price improved through “IDM for attractive transit hub” development. This suggests that “IDM for attractive transit hub” generates economic spillover effects in surrounding areas, leading to the revitalization of the local economy.