Urban Development and Implementation

Course aim

The rationale for and mechanisms of urban development; The nature and structure of the development industry; The Highest and Best Use approach to assessing feasibility, including; Site analysis; Economic and market analysis; Financial appraisal techniques; Design & costing; Property Marketing

Course content

The course aims to provide students with an understanding of the factors affecting the feasibility of proposed urban and regional development projects, whether these are residential, commercial, or industrial projects. Much of the emphasis is on the range of factors that affect decisions about whether to proceed or not with particular developments from a developer’s perspective. The Highest and Best Use approach is the underlying methodology for the course.
An important component is the project which allows students to experience the process as experienced by a developer, to work through the various stages of a development project and to present their proposals in a public forum. 

At the conclusion of this course, students should have acquired knowledge of the techniques used by developers to determine whether or not a project should proceed. The focus in this course is not necessarily on the policy dimension since other resources examine planning policy in depth. However, students should be aware of how planning policy can influence the economic viability of projects.

Textbook(s)

Nil

Prerequisite(s)

Nil

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY EAST
Lecture	2 hours x 13 weeks
Tutorial	1 hour x 13 weeks
Practical	N/A x N/A

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Development project (group exercise), Valuation problems

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 3)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
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Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.