Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Independent Developers: The invisible urban regenerators
Most of today’s urban development and regeneration is being provided by the private sector. Cities are being regenerated and redeveloped by institutional developers with projects that can change entire neighbourhoods and city centres. The majority of these developers are interested primarily in institutional properties and other buildings that are large enough to generate the required returns and revenues without bearing too much risks. There are also areas and neighbourhoods that do not experience institutional development and investment because their developmental values and sites are not encouraging to them. Nevertheless, some of these areas gained economic growth and were regenerated without any institutional developers being involved. These kinds of regenerations are either a result of community development or they are the outcome of independent development. This type of development culture is not much studied yet. Independent developers are the invisibles working in the shadows of the big institutional property developers that are often covered in the media and literature. Hardly anybody notices and writes about these small and independent developers that, although developing smaller projects, still have an impact on and are important for urban regeneration. This analysis of independent developers and their projects will provide information on their approach to property development. The report will discuss the major differences between institutional and independent development and how they each address topics like location, market, intervention and funding. By drawing on examples from interviews, literature and other publications, the report will examine independent property developers in more detail and try to analyse their role and their contribution to urban regeneration.
Independent Developers: The invisible urban regenerators
Most of today’s urban development and regeneration is being provided by the private sector. Cities are being regenerated and redeveloped by institutional developers with projects that can change entire neighbourhoods and city centres. The majority of these developers are interested primarily in institutional properties and other buildings that are large enough to generate the required returns and revenues without bearing too much risks. There are also areas and neighbourhoods that do not experience institutional development and investment because their developmental values and sites are not encouraging to them. Nevertheless, some of these areas gained economic growth and were regenerated without any institutional developers being involved. These kinds of regenerations are either a result of community development or they are the outcome of independent development. This type of development culture is not much studied yet. Independent developers are the invisibles working in the shadows of the big institutional property developers that are often covered in the media and literature. Hardly anybody notices and writes about these small and independent developers that, although developing smaller projects, still have an impact on and are important for urban regeneration. This analysis of independent developers and their projects will provide information on their approach to property development. The report will discuss the major differences between institutional and independent development and how they each address topics like location, market, intervention and funding. By drawing on examples from interviews, literature and other publications, the report will examine independent property developers in more detail and try to analyse their role and their contribution to urban regeneration.
Independent Developers: The invisible urban regenerators
Bischoff, Patrizia Emma (Autor:in)
01.01.2007
Masters thesis, UCL (University College London).
Hochschulschrift
Elektronische Ressource
Englisch
DDC:
720
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