ABSTRACT

This chapter examines the role architects, landscape architects and urban designers play in real estate development. The global real estate market and project delivery methods within those markets vary greatly. However, the increasing internationalization and institutionalization of real estate capital have put pressure on design to standardize in order to mitigate risk. Simultaneously, cultural and ecological requirements are causing project design to respond with increased sensitivity to local conditions. For a project to succeed as an investment, respect local community values in order to obtain approval, and promote sustainability to benefit future generations, its designers must integrate these often-competing elements.