Shaping Places explains how towns and cities can turn real
estate development to their advantage to create the kind of places
where people want to live, work, relax and invest. It contends that
the production of quality places which enhance economic prosperity,
social cohesion and environmental sustainability require a
transformation of market outcomes. The core of the book explores
why this is essential, and how it can be delivered, by linking a
clear vision for the future with the necessary means to achieve it.
Crucially, the book argues that public authorities should seek to
shape, regulate and stimulate real estate development so that
developers, landowners and funders see real benefit in creating
better places.
Key to this is seeing planners as market actors, whose potential
to shape the built environment depends on their capacity to
understand and transform the embedded attitudes and practices of
other market actors. This requires planners to be skilled in
understanding the political economy of real estate development and
successful in changing its outcomes through smart intervention.
Drawing on a strong theoretical framework, the book reveals how the
future of places will come to be shaped through constant
interaction between State and market power.
Filled with international examples, essential case studies,
color diagrams and photographs, this is essential reading for
undergraduate and graduate students taking planning, property, real
estate or urban design courses as well as for social science
students more widely who wish to know how the shaping of place
really occurs.
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