Place-making and the London estates: land ownership and the built environment
Patrícia Canelas
Journal of Urban Design, 2019, vol. 24, issue 2, 232-248
Abstract:
In inner London many real estate companies own and manage ownership clusters ‒ spatially concentrated property portfolios or landed estates. The literature has framed this feature of the London property market as the renewed interest in the estate model of development. Drawing on empirical research in London, this research examines ownership clusters, exploring their investment and management strategies. Research findings suggest that cluster managers employ a curatorial form of place-making in their relevant neighbourhoods, selecting the mix of uses and users, unit placement, and investing in public space in order to increase footfall, consumer circulation, dwell time and spending to maximize real estate returns.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:taf:cjudxx:v:24:y:2019:i:2:p:232-248
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DOI: 10.1080/13574809.2018.1433531
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