Overview
Teaching and Learning Methods
Lectures, seminars, tutorials & site visits
Aims & Outcomes
Students should gain theoretical and practical understanding of:
- the roles played by social and economic institutions in the development of land, infrastructure and property in a variety of times and places;
- the importance of understanding the interaction of land ownership, construction, development and investment finance, planning, fiscal and other regulatory facets;
- the historical and contemporary significance of the major forms of development organisation, public and private.
- a basic grounding in development including the practical application of techniques.
ENVS 2009 Economics of the City and the Region or any similar introductory economics course is a pre-requisite for Land and Property Development.
The course will inform the Development Project Module (ENVS 3014) which runs in parallel.
Structure / Outline
This is a 10-week course of lectures, discussions and seminars. The last session is devoted to a
simulation game.
The indicative lecture series is as follows:
| Lecture 1 | Development and Urban Policy |
| Lecture 2 | Property Markets |
| Lecture 3 | The Development Process |
| Lecture 4 | Agents and Functions in Development |
|
Lecture 5 |
Development Structures in the UK |
| Reading Week | No Lecture |
|
Lecture 6 |
Case Study Presentation |
|
Lecture 7 |
Financing Development |
|
Lecture 8 |
Risk and Opportunity in Development |
|
Lecture 9 |
Techniques of analysis 1 |
|
Lecture 10 |
Techniques of analysis 2 |
More details about the lectures and seminars will be posted in the course Moodle page closer to their respective dates.
Staff
Dr Nikos Karadimitriou
View Nikos's profile
Assessment
Coursework: 100%
Description of assessment(s)
Group case study on a development project, with:
- an oral group presentation (no marks awarded but to be used for guidance)
- a 3,000 word written group report (60% of course marks)
- an 1000 word individual statement, submitted separately (40% of course marks)
Criteria for assessment(s)
In addition to those criteria described in the standard BSP feedback sheet, we will be looking for demonstration of:
- knowledge and understanding of key concepts and ideas
- analytical depth in interpreting the key issues
- ability to communicate key concepts and ideas through visual and written media
- More specific assessment criteria for each of the two pieces of coursework will be set in the respective task briefs.
Assessment Timetable
- Case study report and individual statement due for submission in Term 1
- Feedback due within 4 weeks
Indicative Reading
Adams D., 1994, Urban Planning and the Development Process, London: UCL Press
Adams D., C Watkins and M White (eds.), 2005, Planning, Public Policy and Property Markets, Oxford: Blackwell
Ball, M, C Lizieri and B D MacGregor, 1998, The economics of commercial property markets, London: Routledge
Brett M, 1997, Property and Money, London: Estates Gazette
Coakley J, 1994, 'The Integration of Property and Financial Markets, Environment and Planning A, Volume 26, 697-713.
D'Arcy E and G Keogh, 1997, 'Towards a property market paradigm of urban change', Environment and Planning A, Volume 29, 685-706.
De Magalhães C, 1999, 'Social Agents, the Provision of Buildings and Property Booms: The Case of São Paulo', International Journal of Urban and Regional Research, Volume 23, 445-63.
Fainstein S, 1994, The City Builders: Property, Politics and Planning in London and New York, Oxford: Blackwell.
Guy S and J Henneberry, 2000, 'Understanding urban development processes: Integrating the economic and the social in property research'. Urban Studies, Volume 37 (13), 2399-2416.
Healey P, 1992, 'Development Plans and Markets', Planning Practice and Research, Volume 7 (2), 13-20
Healey, P., Davoudi, S., O'Toole, M., Tavsanolu, S. & Usher, D. (eds.), 1992, Rebuilding the City: Property-led Urban Regeneration, Spon
S Guy and J Henneberry (eds.), 2002, Development and Developers: Perspectives on Property, Oxford: Blackwell
Syms P, 2002, Land, Development and Design, Oxford: Blackwell