Sustainability Assessment of the New Residential Projects in the Baltic States: A Multiple Criteria Approach
Laura Tupenaite,
Arturas Kaklauskas,
Irene Lill,
Ineta Geipele,
Jurga Naimaviciene,
Loreta Kanapeckiene and
Linda Kauskale
Additional contact information
Laura Tupenaite: Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius, Lithuania
Arturas Kaklauskas: Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius, Lithuania
Irene Lill: Department of Civil Engineering and Architecture, School of Engineering, Tallinn University of Technology, Ehitajate tee 5, 19086 Tallinn, Estonia
Ineta Geipele: Institute of the Civil Engineering and Real Estate Economics, Department of Civil Construction and Real Estate Economics and Management, Riga Technical University, 6 Kalnciema Str., LV-1048 Riga, Latvia
Jurga Naimaviciene: Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius, Lithuania
Loreta Kanapeckiene: Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius, Lithuania
Linda Kauskale: Institute of the Civil Engineering and Real Estate Economics, Department of Civil Construction and Real Estate Economics and Management, Riga Technical University, 6 Kalnciema Str., LV-1048 Riga, Latvia
Sustainability, 2018, vol. 10, issue 5, 1-21
Abstract:
Housing is one of the most important public priorities affecting urban development and therefore has a significant impact on sustainable development. A housing project can be regarded as sustainable only when all the dimensions of sustainability (environmental, economic, and social) are dealt with. The aim of the present article is to propose an integrated, hierarchy-based, multiple-criteria approach for the sustainability assessment of new residential development projects, which is achieved through the accomplishment of three objectives. First, this paper proposes an original framework for a multiple-criteria assessment of new residential projects. Second, the proposed methodology is demonstrated in the assessment of nine residential development projects in Lithuania, Latvia, and Estonia according to a hierarchical system of 53 sustainability indicators developed specifically for the Baltic context. Finally, based on the research results, the paper proposes recommendations to stakeholders for enhancing the performance of new residential projects according to the principles of sustainability. The proposed sustainability assessment approach is not limited to the Baltic States and can also be used in other countries, applying the adapted sustainability assessment indicators.
Keywords: sustainability assessment; indicators; residential projects; multiple criteria approach; ranking; Baltic States (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:10:y:2018:i:5:p:1387-:d:144020
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