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Feb 21, 2023

Running out of urban value capture ideas? A little tweak will help!

Please visit my web page "Urban Tenets" at https://urbantenets.nl/

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Urban Planning and design can create some serious financial opportunities previously missed by urban local bodies and developers.

At planning and design stage itself decide a threshold unit real estate price for any given commercial (landuse) street; price which is applicable equally for properties on both sides of street. Now shift entire carriageway to some extent towards one side to make typical cross section of Road ROW asymmetrical, hence making more room for pedestrians, users and recreational space on one side of street compared to other. Effectively not only improvising overall public realm, streetscape and (hence footfall) of given street but also adding more footfall on one side of road which is having wider pedestrian realm. Now you should easily be able to charge substantially more per unit commercial real estate cost for that side of road having wider frontage and expecting higher footfall. Price of properties on other side of road remains same as original threshold as still reaping locational advantage.

Theoretically idea can expand to any landuse and to any part of city!

Author: Anoop Jha

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[Recent update

Starting 2024, launching urban management, interior design, home decor and commissioned artwork services in the Netherlands, serving local as well as international remote clients.

Please Note, that I am also conducting a FREE 45-minute online individual consultation on your interior design and home decor needs and aspirations if you are in the Netherlands or even internationallyDrop me an email at anoop.jha@gmail.com 

Please visit my web page "Urban Tenets" at https://urbantenets.nl/

Instagram interior design page @urbantenets 

Instagram fine art and illustration page @urbanoregional 

My LinkedIn Profile: https://www.linkedin.com/in/anoopjha/

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