Research On Integrated Development Of Real Estate Along Common Highways Based On TOD+PPP Theory

Remarkable achievements since the reform and opening,our country ordinary highway construction at the same time,the resulting problems are also prominent,due to the limited financial fund,combined with the common stock of highway,high construction investment,the fee,the characteristics of ordinary highway construction investment and financing difficulties,cause the government debt burden,highway investment and financing system is faced with severe challenges.At present,China’s cities are in a period of rapid urbanization development,and a large number of people are rushing into cities,making the problems of urban traffic jams and urban sprawl more prominent.How should the ordinary highway be built in the city?This problem cries out for solution.In this context,this paper introduces the concept of traffic-guided urban development(TOD)through theoretical basis learning and literature reading research,makes the pilot characteristics of highway planning well,and puts forward innovative financing ideas to solve the financing difficulties existing in China’s ordinary highway construction.Based on the TOD+PPP theory,the concept of "road+real estate" integrated development is proposed,which can not only cure the "urban disease" but also solve the problem of financing difficulties in highway construction.First of all,it analyzes the wide applicability of the integrated development of"road+real estate" from the perspective of policies,regulations and relevant theories.By constructing the basic framework of the construction process of "road+real estate",the key factors of the model are analyzed.Then,using the method of qualitative and quantitative analysis,the positive and negative effects of highway traffic on real estate along the line are studied respectively,and the qualitative conclusions are drawn.At the same time,based on the game theory and value-for-money evaluation(VFM)theory,this paper innovates the game pricing model of business projects,studies the value-for-money pricing model,and draws quantitative conclusions.Finally,through empirical research,the paper adopts the method of comparison with or without the traditional construction mode income,single PPP mode income,"road+ real estate" PPP mode income three groups of data are compared and analyzed.The pricing model is used to conduct data simulation,and the data obtained is checked with the reality,to verify the conclusions of the paper.It provides experience reference and data support for the further theoretical study of "Highway+Real Estate".The new idea of "highway+ real estate" proposed in this paper fills the blank of theoretical exploration and research on integrated development mode in the field of ordinary highway construction.The conclusions,suggestions and data support obtained have certain theoretical reference and reference value for the research on integrated development of ordinary highway and even transportation infrastructure.