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ENVS 3015 Land and Property Development

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