Currently the city of Abu Dhabi has a population of 1 million. By the time of 2030, the figure will rise to 3 million. What will the urban planning department deal with such a large population, and guide the city towards sustainability? This short video will tell you.
Real Estate Development Drivers
Housing (retail): demolitions, population growth, reduction of household size, shifting of household type toward non-family, increase proportion of middle-age and seniors, etc.
Commercial and Industrial: employment growth, etc.
increase of land prices and supplies, increase of material prices, reduction of mortgage rates, increase of labor costs, etc.
Cultural values and attitudes, infrastructure, etc.
High housing vacancy
Rapid growth of seniors
Flat per capita income growth
Potential post-recession surges in employment and housing starts
Fastest growth in medical, office and educational occupations
Job leadership by small establishments
Strong inflation in steel prices
“[…] developers must understand the users and their needs. Without users, buildings – no matter how aesthetically pleasing or how theoretically functional – have no value.”
What is Real Estate Development/Land Development?
Real estate development is the continual reconfiguration of the built environment to meet society’s needs.
The 8 Stages Non-linear Process of Real Estate Development
Inception of an Idea: market research, problem solving, creating
Refinement of the Idea: site selection, project design
Feasibility: public and private review
Contract Negotiation: contractors, tenants, regulators
Formal Commitment: contracts and entitlements
Completion and Formal Opening: marketing , sales
Property, Asset, and Portfolio Management” tenants and technology
Seven decades ago, when the grandfather of Robert S. Davis purchased this 80 acres of land along the shore of Northwest Florida, he may not imagined that his land had become a dream of many urbanists and architects.
But now, Seaside, Florida is in slides of many lecture class in architecture schools, with the pictures of Andres Duany and Elizabeth Plater-zyberk. Designers describe it as recreating traditional neighborhood of 1920s. “Old way, new town.” As the principal designers, Andres Duany and Elizabeth Plater-zyberk pursued an overriding goal, which was fostering a strong sense of community.
- What Are Form-Based Codes?
“Form-based codes foster predictable built results and a high-quality public realm by using physical form (rather than separation of uses) as the organizing principle for the code. They are regulations, not mere guidelines, adopted into city or county law. Form-based codes offer a powerful alternative to conventional zoning.” – FBCI
“Form-based codes place a primary emphasis on building type, dimensions, parking location and façade features, and less emphasis on uses. They stress the appearance of the streetscape, or public realm, over long lists of different use types. ” – Local Govenment Commission
Form-based codes were developed to overcome the problem of sprawl, which is created by use-based codes.
“New Urbanism aims to build hamlets, neighborhoods, villages, towns, and cities rather than subdivisions, shopping centers, and office parks like those found in conventional suburban development (CSD). A fundamental goal is a proper balance between the needs of the automobile and the needs of the pedestrian. Maximizing walkability is essential.” – Comprehensive Report & Best Practices Guide
Seven Principles: (Comprehensive Report & Best Practices Guide)
1. Building blocks->neighborhood->village/small town/bigger town/city
2. Well-defined edge: a quarter-mile distance that everyone can reach.
3. Corridors are connecting different neighborhoods.
4. Human scale.
5. A range of transportation options.
6. Hierarchy streets.
7. Civic buildings as landmarks.
What is it?
Responsible Property Investing (RPI) is property investment or management strategies that maximizes the positive and minimizes the negative social and environmental effects of property investing, consistent with fiduciary responsibilities.
10 elements of RPI that help buildings perform better:
Public transport oriented developments
Urban revitalization and adaptability
Health and safety
Social equity and community development
According to the Asset-based Community Development Institute (ABCD), which is located at Northwestern University in Evanston, Illinois, Asset-Based Community Development is a methodology that helps to build strong and sustainable communities.
Above are four types of community building work which ABCD is currently involved:
- Building community capacity. ABCD engages directly with community groups to support their asset-based community development efforts. The Institute and its affiliated faculty also participate in an array of local, regional, and international conferences and workshops as keynote speakers, workshop and training facilitators, technical support providers, and learning participants.
- Conducting research. Using a community-based participatory research approach, ABCD partners with community residents and other local entities to conduct research that helps prepare them to achieve their own community building objectives. ABCD also works with community groups, non-profits, and an array of other institutions to evaluate asset-based community development projects.
- Working with students. Working directly with students, Northwestern faculty, and other organizations, ABCD contributes to the development of the next generation of engaged civic leaders and community builders.
- Producing publications and resources. Producing community building publications and other resources for practitioners and scholars in the community development field, ABCD contributes to a growing body of knowledge about the effectiveness of the asset-based approach to strengthening communities.
According to ECA International, 2012 global ranking for the best livable location is Singapore, which has “good air quality, excellent infrastructure and healthcare facilities, low crime and health risks.”
“Updated annually, ECA International’s Location Ratings system helps companies to establish appropriate expatriate allowances to compensate for the level of adjustment required to complete an assignment. It objectively evaluates a host of factors to form an assessment of the overall quality of living in over 400 locations worldwide. These factors include climate, availability of health services, housing and utilities, isolation, access to a social network and leisure facilities, infrastructure, personal safety, political tensions and air quality. ”
Top 20 most liveable locations globally for Asians
|Global Rank 2012||Location||Global Rank 2011|