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Building and Biologically Active area Indices in Developers’ Investments – Theory and Practice

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  • Antczak-Stępniak Agata

    (Department of Investment and Real Estate, Faculty of Economics and Sociology, University of Łódź)

Abstract

Development activity in Poland is regulated by many legal provisions, but one of the most important acts for the implementation of developers’ projects is the Act of March 27, 2003 on spatial planning and development. The Act includes, among others, procedures for the preparation and scope of local spatial development plans. One of the parameters significant from the point of view of housing development which these plans define is the minimum and maximum intensity of development and the percentage of biologically active space that should be preserved on a property covered by the investment project. The article adopts two research goals. Firstly, it is an attempt to verify, using examples of selected developers, whether they, as profit-oriented entities, decide to develop the property as much as possible or to keep more undeveloped space, which is a more desirable phenomenon from the environmental point of view. Secondly, an attempt will be made to determine how developers in Poland create a biologically active surface in their projects. Based on desk research, it was found that, among the discussed cases, there is no evident tendency to maximize the permissible built-up areas and the created biologically active areas are sparse and not diversified.

Suggested Citation

  • Antczak-Stępniak Agata, 2022. "Building and Biologically Active area Indices in Developers’ Investments – Theory and Practice," Real Estate Management and Valuation, Sciendo, vol. 30(1), pages 53-64, March.
    • Handle: RePEc:vrs:remava:v:30:y:2022:i:1:p:53-64:n:8
    DOI: 10.2478/remav-2022-0005
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    References listed on IDEAS

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    1. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
    2. Eduardo Medeiros & Arno van der Zwet, 2020. "Sustainable and Integrated Urban Planning and Governance in Metropolitan and Medium-Sized Cities," Sustainability, MDPI, vol. 12(15), pages 1-20, July.
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    More about this item

    Keywords

    building area index; biologically active area; development activity; spatial planning;
    All these keywords.

    JEL classification:

    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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