Real Estate Management and Valuation (Sep 2015)

Sustainable Land Development In An Urban Context

  • Kauko Tom,
  • Siniak Nikolai,
  • Źróbek Sabina

DOI
https://doi.org/10.1515/remav-2015-0030
Journal volume & issue
Vol. 23, no. 3
pp. 110 – 119

Abstract

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It can be argued that sustainable urban land development depends on the long-term viability and management success of local economic development. It can be further argued that here, economic sustainability is the key. This would furthermore signify a paradigm change to long-term administrative behavior (via an institutional approach), long-term market behavior (heterodox economics approach), and human behavior in actors’ consumption and location choices (behavioral approach). This article examines two criteria within this discourse: innovativeness and social cohesion. In doing so, it proposes a framework for empirical analysis where it is suggested that western, post-socialist and low developed cases choose different strategies due to their different starting points.

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