Study On The Influence Of Rapid Rail Transit Combined Development To The Value Of Adjacent Land

Urban Rapid Rail Transit is a safe, comfortable, convenient, fast, effective, environment-friendly urban infrastructure system that provides mass public transportation services with subsidies from the Government. Urban Rapid Rail Transit plays an active and key role to reduce problems such as shortage of land resources, traffic congestions and air pollution that many cities are facing. Ironically, while there are problems such as shortage of fund and operation losses in many cities'Urban Rapid Rail Transit development, the benefits of increase of property around stations due to Urban Rapid Rail Transit development are only enjoyed by property owners and users without any contribution to sustainable development of Urban Rapid Rail Transit. It is imperative to analyze the quantified effects of Urban Rapid Rail Transit development on the adjacent property and establish a complementary relationship between Urban Rapid Rail Transit development and the use of the adjacent land.On the basis of the introducing the concept and the characteristic of the joint development between Urban Rapid Rail Transit and adjacent land, the paper analyzes and summarizes the internal and international typical quantified effects models of the joint development, points the problems and the necessity of quantified analysis out, analyzes the reason which the joint development influences on the adjacent land. The paper introduces the models which are always used in international: Capitalization Model, Travel Cost Model and Hedonic Price Model, and analyzes the characteristics and the advantages and the disadvantages of the models separately, on the basis of the analysis, we consider that the Capitalization Model is more suitable to be used, it's suitable for quantified analysis of the Urban Rapid Rail Transit in our country, the paper gets the model by using the Beijing's 13th Rail Transit, and proves the model by using Shanghai's 1st Rail Transit, on this basis, we forecasting the Wuhan's second period project of the 1st Rail Transit, it can reflects the influence degree of the joint development.Finally, on the basis of the analysis, the paper analyzes the benefits which is the part of the exceeding, points the direct and indirect ways of the returning the benefits, and it imagines the policies and suggestions for returning the benefits while the joint development of the Urban Rapid Rail Transit.