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Environmental assessment as a real estate management protocol
London's urban design opportunity at King's Cross
AbstractThis paper considers the use of environmental assessment (EA) as a procedure interrelated with community-based citizen participation planning procedures. When applied to King's Cross railway lands in London, EA, as published in the environmental statements of two alternative development schemes, highlights the contrasts between a proposal for intensive commercial development and alternative community-orientated lower-scale strategies. It also emphasizes that less intensive development scenarios are less risky commercially. The conclusion is that EA, if carried out with multidimensional sensitivity in urban regeneration settings, and particularly with use of socio-economic impacts, can make the case for sustainable and socially aware development. Furthermore, commercially aggressive alternatives become less viable if subjected to full-range commercial risk assessment, as part of EA. As a consequence EA should produce a new real estate development paradigm over the coming years.
Environmental assessment as a real estate management protocol
London's urban design opportunity at King's Cross
AbstractThis paper considers the use of environmental assessment (EA) as a procedure interrelated with community-based citizen participation planning procedures. When applied to King's Cross railway lands in London, EA, as published in the environmental statements of two alternative development schemes, highlights the contrasts between a proposal for intensive commercial development and alternative community-orientated lower-scale strategies. It also emphasizes that less intensive development scenarios are less risky commercially. The conclusion is that EA, if carried out with multidimensional sensitivity in urban regeneration settings, and particularly with use of socio-economic impacts, can make the case for sustainable and socially aware development. Furthermore, commercially aggressive alternatives become less viable if subjected to full-range commercial risk assessment, as part of EA. As a consequence EA should produce a new real estate development paradigm over the coming years.
Environmental assessment as a real estate management protocol
London's urban design opportunity at King's Cross
Ledgerwood, Grant (author) / Haywood, Ian (author) / Sheppard, Norman (author) / Street, Elizabeth (author)
Cities ; 11 ; 181-194
1994-01-01
14 pages
Article (Journal)
Electronic Resource
English
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