Institutions and Urban Space: Land, Infrastructure, and Governance in the Production of Urban Property

This paper develops an historical institutionalist approach to municipal governance, infrastructure, and property institutions, suggesting that the dense matrices of institutions in cities are co-evolutionary and path dependent. Property, infrastructure, and governance institutions play a central role in regulating capital investment in cities, structure urban change, protect and structure property's meaning and value, and demonstrate enduringly different approaches between jurisdictions. The institutions in place when land is urbanized have profound impacts on the institutionalization and forms of urban property and the accompanying infrastructure created. The primary positive feedback that contributes to path dependence in cities flows from existing sets of property in any given jurisdiction. Cities from this perspective are path dependent landscapes of property that are differentiated primarily by the enduring imprint of the institutions that produce them.