Implementing Sustainable Property Development
MARSH C and JONES P, University of Westminster, UK
This research project analyses the evolving concepts and policies relating to sustainable urban development and assesses the practical aspects of implementation, reviewing the impact that these policies are having on the property developers, property inve
This research project analyses the evolving concepts and policies relating to sustainable urban development and assesses the practical aspects of implementation, reviewing the impact that these policies are having on the property developers, property investors, and local authorities.
The aim of the project is to highlight current implementation problems, identify ways of overcoming existing barriers and propose practical and realisable new measures for achieving "sustainable property development".
The methodology used is as follows:
I) a comprehensive review of available literature (government publications, books, reports, and articles);
2) face-to-face interviews with 25 major developers;
3) postal questionnaire to all chief planning officers in England,
4) face-to-face interviews with 12 major property investors;
5) a review of four case studies of property developments chosen to highlight the issues brought to light by the research.
The initial conclusions of the study are, first, that there is substantial confusion by all parties involved due to constantly changing theories and policies, and that more guidance is required from DETR to local authorities, and from local authorities to developers. Secondly, that more incentives are required to support sustainable ideas such as brownfield development and conversions from office or warehouse to residential. (Currently some regulations are acting as disincentives). Thirdly, that local authorities require a change in attitude towards property development and need to be more proactive and positive; and lastly that the conflicts of interest between sustainable principles and business promotion need to be resolved by the government before sustainable property development can be fully embraced.
Association for European Transport