In this country, it is perceived that for preventing privatization of the interests and benefits from developments the public sector must take charge of urban and land developments. Set aside if it is proper a public entity infringes a personal prope...
In this country, it is perceived that for preventing privatization of the interests and benefits from developments the public sector must take charge of urban and land developments. Set aside if it is proper a public entity infringes a personal property right to create social benefits, involvement of the private sector to urban development is quite necessary in that the bureaucratic public entities are hard to response in flexible way to the diverse demands for lands. For the last 30-40 years, this country has achieved huge and magnificent urban developments in the course of urbanization on the base of rapid industrialization. But as much as the huge achievements in that short time, negative effects and aftermaths have been brought up. Due to relying on excessive quantitative expansion, qualitative level of urbans became relative weak inevitably, which led to the various problems to occur inside the cities. However, those problems are much hard to objectify and justify because cities are born with diversity, complexity, and multi-sources. They are not any longer what we could see in the case of advanced foreign countries, but easily observed at present in our urban developments. Consequently, it has been the urban development businesses by the public sector that has been blamed for the major responsibility to raise those problems. It is not to deny the achievements and efforts of the public sector until so far. But, now is the time to enlarge the opportunities for private entities qualified with competitiveness and creative abilities. Surely it is true that after the Urban Development Law was enacted in 2000, engagement of private entities has been continuously grown up and nationally almost half of the areas are under the leading of private entities. Though, it is also true that a lot of troubles make delays in urban development businesses. This paper is to present the approaches for activation of urban development by private entities, by using the different previous cases. Particularly, through the specific local case in domestic, the status quo of urban development by the private sector in Korea is checked, and also the possible methods to improve the status quo and strengthen more the active and leading role of the private sector are examined. Particularly, the activation methods are searched in practical terms such as business term and design more than in terms of law or institutions.