The evolution of land development

Wednesday, September 28, 2005

We're entering into a third phase of land development for economic development. In the first phase, EDPros focused exclusively on infrastructure issues: connections to water, sewer, utility and transportation systems.

In the second phase (which began around 1990), we began to see EDPros focus on the quality of development in their industrial parks. So, land development included restrictive covenants to give a site "curb appeal".

Now we are moving into a third, more complex phase. EDPros are focusing on mixed use development and the design of town centers to give their development sites a "campus feel". Here's an example from Virginia. Read more.

Land development, in short, follows what matters to business. In the first era, costs mattered most. Now, it is attracting and keeping knowledge workers. These workers value their experiences: They want good places to eat, convenient places to shop and exercise.

posted by Ed Morrison |

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