Routledge Companion to Real Estate Development

Real estate development shapes the way people live and work, playing a crucial role in determining our built environment. Around the world, real estate development reflects both universal human needs and region-specific requirements, and with the rise of globalization there is an increasing need to better understand the full complexity of global real estate development. This Companion provides comprehensive coverage of the major contemporary themes and issues in the field of real estate development research. Topics covered include:

• social and spatial impact



• markets and economics



• organization and management



• finance and investment



• environment and sustainability



• design



• land use policy and governance.

A team of international experts across the fields of real estate, planning, geography, economics and architecture reflect the increasingly interdisciplinary nature of real estate studies, providing the book with a depth and breadth of original research. Following on from the success of the textbook International Approaches to Real Estate Development, the Routledge Companion to Real Estate Development provides the up-to-date research needed for a full and sophisticated understanding of the subject. It will be an invaluable resource to students, researchers and professionals wishing to study real estate development on an international scale.

Chapter 1:

Real Estate Development: An Overview

Graham Squires, Erwin Heurkens, Richard Peiser

THEME 1: Social and Spatial Impact of Real Estate Development

Chapter 2:

Leveraging Property Values for Metro Railway Development in Hong Kong: Experiences and Lessons

Bo-sin TANG

Chapter 3:

Teardowns and Reinvestment in the Inner-ring Suburbs of Chicago

Suzanne Lanyi Charles

Chapter 4:

Public Real Estate Development Projects and Urban Transformation: The case of flagship projects

Nadia Alaily-Mattar, Johannes Dreher, Fabian Wenner, Alain Thierstein

THEME 2: Markets and Economics of Real Estate Development

Chapter 5:

Investment and Development Behavior Following the Great Recession

Raymond G. Torto

Chapter 6:

Land Use Policies and Markets in Some Selected African Countries

Moses M. Kusiluka, Sophia M. Kongela, Karl-Werner Schulte

Chapter 7:

Residential Prices, Housing Development and Construction Costs

Paloma Taltavull de La Paz, Raúl Pérez

Chapter 8:

Retail Market Analysis for Development Projects: Coping with New Frontiers in Retailing

Petros Sivitanides

THEME 3: Organization and Management of Real Estate Development

Chapter 9:

Private Sector-led Urban Development: Characteristics, Typologies and Practices

Erwin Heurkens

Chapter 10:

Building and Leading High Performance Real Estate Companies

Frank Apeseche

Chapter 11:

Strategic Management Systems for Real Estate Development

Paul H.K. Ho

Chapter 12:

Organizing Public Private Partnerships for Real Estate Development Through Urban Finance Innovation

Michael Nadler

Chapter 13:

The Self-organizing City: An Analysis of the Institutionalization of Organic Urban Development in the Netherlands

Edwin Buitelaar, Erwin Grommen and Erwin Van Der Krabben

THEME 4: Finance and Investment for Real Estate Development

Chapter 14:

A Historical Evolutionary and Cyclical Perspective on Models of Development Finance

Colin Jones

Chapter 15:

The Future Finance and Investment for Real Estate Development and Investment: Changing Approach for a New Structural Era

Christopher B. Leinberger

Chapter 16:

Mechanisms for Financing Affordable Housing Development

Graham Squires

Chapter 17:

The Value Investment Approach to Real Estate Development: A Case Study from Berlin, Germany

Stephan Bone-Winkel and Karim Rochdi

THEME 5: Environment and Sustainability in Real Estate Development

Chapter 18:

Sustainable Transformation in Real Estate Developments Through Conversions

Hilde Remøy and Sara Wilkinson

Chapter 19:

Sustainability of Office Buildings: Lessons Learned from Academic and Professional Research

Sofia Dermisi

Chapter 20:

Post-Disaster Recovery for Real Estate Development: An Analysis of Mulitfamily Investment from the Perspective of a Low Income Housing Tax Credit (LIHTC) Project

Elaine Worzala and Valerie Lynn Hammett

Chapter 21:

Drivers and Opportunities of Sustainability in Real Estate Development

Sven Bienert and Rogerio Santovito

Chapter 22:

The Foundations of Sustainability in Real Estate Markets

Richard Reed

THEME 6: Design in Real Estate Development

Chapter 23:

Actor Perceptions of Good Design for Real Estate Development

Peter Hendee Brown

Chapter 24:

Good Design for Real Estate Development: Moving Beyond the Generic City

Alex Duval

Chapter 25:

The Design of Real Estate: A Framework for Value Creation

Bing Wang

THEME 7: Land Use Policy and Governance of Real Estate Development

Chapter 26:

Developing Vibrant Centers: The Public-Private Development Perspective

Emil Malizia

Chapter 27:

The Challenges for Effective Governance of Real Estate Development in a Future Urban World

Kathy Pain

Chapter 28:

Local Politics, Planning, Land Use Controls, and Real Estate Development

John McDonald

Chapter 29:

Trends in Land Use and Government Policy Affecting Real Estate Development in the U.S.

David Hamilton and Rick Peiser

Graham Squires is Associate Professor and Head of Property Group at Massey University, New Zealand.

Erwin Heurkens is Assistant Professor of Urban Development Management at Delft University of Technology, the Netherlands.

Richard Peiser is the Michael D. Spear Professor of Real Estate Development at the Harvard Graduate School of Design, USA.