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How real estate developers think : design, profits, and community / Peter Hendee Brown.

De Gruyter University of Pennsylvania Press Complete eBook-Package 2014-2015 Available online

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EBSCOhost Ebook Business Collection Available online

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Format:
Book
Author/Creator:
Brown, Peter Hendee, author.
Series:
City in the twenty-first century book series.
City in Twenty-First Century
Language:
English
Subjects (All):
Real estate development--United States.
Real estate development.
City planning--United States.
City planning.
Physical Description:
1 online resource (325 pages) : illustrations.
Edition:
1st ed.
Place of Publication:
Philadelphia, Pennsylvania : University of Pennsylvania Press, 2015.
Language Note:
English
Summary:
Cities are always changing: streets, infrastructure, public spaces, and buildings are constantly being built, improved, demolished, and replaced. But even when a new project is designed to improve a community, neighborhood residents often find themselves at odds with the real estate developer who proposes it. Savvy developers are willing to work with residents to allay their concerns and gain public support, but at the same time, a real estate development is a business venture financed by private investors who take significant risks. In How Real Estate Developers Think, Peter Hendee Brown explains the interests, motives, and actions of real estate developers, using case studies to show how the basic principles of development remain the same everywhere even as practices vary based on climate, local culture, and geography. An understanding of what developers do and why they do it will help community members, elected officials, and others participate more productively in the development process in their own communities. Based on interviews with over a hundred people involved in the real estate development business in Chicago, Miami, Portland (Oregon), and the Twin Cities of Minneapolis and St. Paul, How Real Estate Developers Think considers developers from three different perspectives. Brown profiles the careers of individual developers to illustrate the character of the entrepreneur, considers the roles played by innovation, design, marketing, and sales in the production of real estate, and examines the risks and rewards that motivate developers as people. Ultimately, How Real Estate Developers Think portrays developers as creative visionaries who are able to imagine future possibilities for our cities and communities and shows that understanding them will lead to better outcomes for neighbors, communities, and cities.
Contents:
Front matter
Contents
Prologue: A Brick Wall in Evanston
Chapter 1. Developer as Visionary
Chapter 2. Deal Makers
Chapter 3. The Real Estate Development Process
Chapter 4. Developers and Their Architects
Chapter 5. Good Design
Chapter 6. Selling Real Estate
Chapter 7. Market Cycles, Leverage, and Timing
Chapter 8. Profits, Values, and a Sense of Purpose
Chapter 9. The Creation of Place and Culture
Chapter 10. Developers and the Community
Notes
Index
Acknowledgments
Notes:
Includes index.
Includes bibliographical references (pages 301-308) and index.
Description based on print version record.
ISBN:
9780812224054
0812224051
OCLC:
906874631

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