2017 : SD 20-DEVELOPMENT OF URBAN MARKET SPATIAL FOR HIGHEST AND BEST USED OF LAND PRODUCTIVITY AND SUSTAINABILITY

Dr Christiono Utomo S.T., M.T.


Abstract

No less than 40% of the approximately 70 traditional retail markets in Surabaya are located in the downtown area. Although the market location has high economic value as a commercial property area but its existence has not been utilized optimally. The concept of sustainable planning of a region can be achieved if the area is not only able to stand and grow by itself but also contribute to the economic growth of the region and the surrounding trade sector. Based on its potential, then in the planning of urban spatial development and market area, the most appropriate land use analysis is needed to produce the highest property value in the area and its surroundings. This research develops adaptive and collaborative concepts on spatial configuration design and market economy value in urban area, so it is found the best regional planning concept to support sustainable economic achievement. These objectives can minimize the failure of market development in urban areas in support of the success of the process of structuring the city. Triangulation method is applied through qualitative and quantitative approach, and using Highest and Best Use (HBU) analysis technique. The analysis process begins with an explorative study of the determination of alternative types of land use. The five stages of the analysis are carried out resulting in a model of land productivity to meet the best land use criteria that include determination of alternative use, regulatory compliance and permits, the possibility and affordability of construction, financial feasibility and maximum productivity of land.