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Mega projects and sustainable city image: evidence from Nuevo Norte Project of Madrid

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... Destination marketers aim to brand cities and promote them to various target groups, pursuing economic, political or sociopsychological goals (Osorio-Andrade, Murcia-Zorrilla, & Arango-Espinal, 2020). In the era of globalization and urbanization, a city's image reflects and evaluates its comprehensive economic, political, and social factors on the international stage, constituting its intangible assets (Metaxas, 2024). The city's image is pivotal in urban tourism development, shaping visitors' perceptions and influencing tourism development (Hussein, 2020). ...
... City image is paramount in urban tourism development (Metaxas, 2024). It encapsulates visitors' evaluations, profoundly influencing their decision-making processes and shaping their mental benchmarks (Hussein, 2020). ...
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With the growing need for infrastructure development, governments have invested heavily in the construction of large infrastructure projects in the form of megaprojects. However, implementation of such projects requires lots of resources, and they have formidable financial, social and environmental impacts. Despite facing several sustainability issues, megaprojects proliferate. And there is lack of holistic examination of key sustainability issues and influence factors in existing literature of megaproject. This paper, therefore, aims to systematically answer: “what” are the key sustainability issues in megaproject management and “how” can these issues be tackled (influence factors), using 93 peer-reviewed articles obtained from three databases. Moreover, the article proposes an integrated conceptual model by linking the issues and incorporating the influence factors. Finally, some future research areas are presented. The findings of this study may be of significant value to the practitioners and policymakers in incorporating social, environmental and economic dimensions in management of megaprojects.
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This paper evaluates two infrastructure mega-projects connected to the 2010 Winter Olympics in Vancouver’s downtown peninsula: the renovation of BC Place Stadium and the Vancouver Convention Centre expansion. These projects correspond to two categories of mega-projects often constructed alongside sporting mega-events with intended tourism development legacies that have a history of financial underperformance. Touching upon literatures concerning mega-events, event leveraging, urban development, as well as the public finance of sport and convention venues, this work focuses on fiscal impacts and opportunity costs for venue site locations where there are already high property values, with the aim of providing lessons for comparable future mega-event hosts contemplating similar event-related mega-projects. In addition to arguing for the alignment of venue design to efficiently maximize long-term operating returns and event portfolios for tourism development, this article highlights that venue location within a host city shapes the opportunity costs for government investors and that cost overruns to meet a fixed event deadline can undermine what may other be a sustainable financial structure. While a mega-event-related stadium or convention centre is at significant risk of becoming a financial loser when considering both capital and operating costs, as well as a sub-optimal platform for maximising an event portfolio, this does not have to be the case. Beyond more traditional measures of project return, this article highlights and further develops another key measure of evaluating financial and revenue outcomes, which can be summed up as the opportunity cost of alternative land uses on a venue site.
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Projected climate change will involve an additional threat for the sustainability of small ruminant production systems in Europe. Aiming to understand its implications, we conducted a literature review on climate change interactions with sheep and goat systems. The review first identifies the main potential impacts on productivity at the animal level (heat stress effects) and at the forage level (quantity and quality). Results from analysed studies suggest that heat stress thresholds for small ruminants could be higher than previously indicated, although they still will be affected during projected heatwaves. At the forage level, the potential positive effect of CO2 fertilisation will probably be counteracted in most of the cases due to extreme weather events and other limitations. Based on that findings, the review analyses the most suitable adaptation strategies on animal heat stress and pasture production. Particular attention is paid to integrated approaches, providing co-benefits at different levels. Finally, structural and practical challenges affecting small ruminants’ sustainability in a climate change context are discussed, together with potential synergies and trade-offs among different policies and/or strategies. According to the information reviewed, small ruminant systems could be particularly vulnerable to environmental changes, as they are often produced in harsh areas under already severe circumstances. At the same time, they have particular features that could involve advantages against other livestock systems to cope with –and fight against- future climatic conditions. Consequently, they should play a important role for the climate change adaptation and mitigation options within the livestock sector.
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Purpose This study aims to investigate the relationships between the different strengths of ties (strong ties and weak ties), types of trust and project performance in megaprojects. Design/methodology/approach A questionnaire survey was conducted with various experts and professionals involved in megaprojects, and 350 valid responses were received. Data was analyzed by means of structural equation modeling. Findings The results show that both strong ties and weak ties have positive impacts on trust in megaprojects, but weak ties have a more significant positive effect than do strong ties. Unexpectedly, the introduction of interorganizational trust significantly weakens the effect of the strength of ties on project performance. The indirect influence of the strength of ties on performance has different paths. Weak ties have an indirect effect via calculative trust and relational trust. However, in a strong ties network, inferior stakeholders lack the information necessary to complete a megaproject, and they believe that calculative trust will not promote project performance until the megaproject is successfully delivered. Thus, the effect of calculative trust on project performance is not significant. Research limitations/implications These findings provide evidence in regard to strength of ties governance being a part of the effective strategy in improving megaprojects’ performance. It also demonstrates the mediating function of trust and advances the current understandings of the underlying mechanism of the strength of ties on project performance, thus providing implications for researchers and practitioners. However, this study has some limitations. For example, the strength of ties and trust between organizations are a dynamic process in megaprojects. This study does not conduct in-depth analysis of the evolution mechanism and investigate the different levels of trust at different stages of the megaproject. Future research can be guided by these directions. Originality/value The main contribution of this study is fourfold. First, this study enriches the literature on strength of ties by accentuating the roles of trust in megaproject context. Second, this study contributes to the theoretical development of a conceptual model for explaining the interrelationships among strength of ties, types of trust and project performance. Third, this study responds to the call “which dimension (i.e. strong ties or weak ties) is more influential” by exploring the direct and indirect effects of strength of ties on project performance. Finally, this study breaks through the limitation of traditional cognition that megaproject management can be met by relying on rigid contracts. In other words, trust can supplement the weakness of rigid contract by forming contract flexibility with different strength of ties. Meanwhile, the specific strategies to establish and maintain trust are given, such as building information model (BIM) collaboration platform and reputation management mechanism.
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