Optimal Height Of Land Development – An Economic Perspective

Żelazowski Konrad ()
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Żelazowski Konrad: Faculty of Economics and Sociology, University of Lodz

Real Estate Management and Valuation, 2015, vol. 23, issue 1, 15-23

Abstract: Sky-scrapers are rising in the panorama of big modern cities more and more often, becoming a symbol of dynamic growth and prestige. High-rise development appears to be an answer to the expanding demand for new residential and commercial space as urban land prices continue to go up and the availability of land decreases.This article aims to identify factors affecting the choice of optimal building height in the context of economic effectiveness. It also presents factors that determine the implementation of high-rise development projects. Given the complexity of this subject matter, emphasis is placed on its economic dimension.

Keywords: high-rise buildings; optimal building height (search for similar items in EconPapers)
JEL-codes: R30 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:remava:v:23:y:2015:i:1:p:15-23:n:2

DOI: 10.1515/remav-2015-0002

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