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Sustainable Urban Form and Real Estate Markets

Author

Listed:
  • Colin Jones
  • Charlotte MacDonald

Abstract

A number of models of sustainable urban form have been promoted but the concept has not been subject to a fundamental review of its theoretical and empirical underpinnings. Sustainable urban form implies an inter-linkage of sound environmental, social and economic foundations. This paper initially focuses on the nature of the economic debate surrounding sustainable urban forms. It then considers the principal elements of urban form - land use patterns, position/ transport infrastructure, density, characteristics of the built environment. From this base it considers the underlying urban economic forces that shape these elements and their impact in turn on the urban economy. The role of transport infrastructure and spatial real estate markets is highlighted in the determination of urban form. The paper suggests an alternative formulation of the approach to urban sustainability that requires as a necessary condition a viable real estate sector with sustainable markets. As a consequence the paper argues the need for policy to understand and shape functional (sub) land use market/ catchment areas.

Suggested Citation

  • Colin Jones & Charlotte MacDonald, 2004. "Sustainable Urban Form and Real Estate Markets," ERES eres2004_161, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2004_161
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    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2004-161
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    Citations

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    Cited by:

    1. Khaled Galal Ahmed, 2017. "Designing Sustainable Urban Social Housing in the United Arab Emirates," Sustainability, MDPI, vol. 9(8), pages 1-22, August.
    2. Xiao, Yang & Sarkar, Chinmoy & Webster, Chris & Chiaradia, Alain & Lu, Yi, 2017. "Street network accessibility-based methodology for appraisal of land use master plans: An empirical case study of Wuhan, China," Land Use Policy, Elsevier, vol. 69(C), pages 193-203.
    3. Muhammad Nadeem & Amer Aziz & Muhammad Ahmad Al-Rashid & Giovanni Tesoriere & Muhammad Asim & Tiziana Campisi, 2021. "Scaling the Potential of Compact City Development: The Case of Lahore, Pakistan," Sustainability, MDPI, vol. 13(9), pages 1-22, May.
    4. Khaled Galal Ahmed & Menatullah Mostafa Omar & Mona Megahed & Shaikha Abdulla Alazeezi, 2022. "Involving Young Emirati Women in the Pre-Occupancy Evaluation of “Modern†Housing Designs: Simple Versus Advanced Participatory Tools," SAGE Open, , vol. 12(2), pages 21582440221, April.
    5. A. D. H. (Tony) Crook & Ed Ferrari & Peter A. Kemp, 2012. "Knowing the Area: The Management of Market and Business Risks by Private Landlords in Scotland," Urban Studies, Urban Studies Journal Limited, vol. 49(15), pages 3347-3363, November.
    6. Bibri, Simon Elias, 2020. "Compact urbanism and the synergic potential of its integration with data-driven smart urbanism : An extensive interdisciplinary literature review," Land Use Policy, Elsevier, vol. 97(C).
    7. Walter Musakwa & Adriaan Niekerk, 2015. "Monitoring sustainable urban development using built-up area indicators: a case study of Stellenbosch, South Africa," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 17(3), pages 547-566, June.

    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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