SUSTAINABLE REAL ESTATE
Why Your Next Project Needs Integrated Mobility
The invention of the automobile revolutionised urban life. Cities adapted to accommodate the increasing number of cars, expanding road networks, constructing parking areas and garages, and prioritising motor vehicle traffic. However, this car-centric approach has led to a host of problems, including congestion, pollution, and urban sprawl.
As cities continue to grow and evolve, this traditional model of urban development is no longer sustainable. While we can’t change the existing infrastructure, we can focus on people-centric planning and development when developing the new one. Accessibility and connectivity lie at the heart of people-centric development, and the force behind is: integrated mobility.
Let’s investigate how and where it is best to incorporate integrated mobility to be able to create vibrant, resilient, and equitable urban environments.
WHAT IS INTEGRATED MOBILITY...
...And Where It Exactly Integrates In Real Estate Development
The concept of integrated mobility is revolutionising how we think about real estate development. It’s no longer just about building structures; it’s about creating a seamless and efficient transportation ecosystem within and around the development.
Imagine a development where residents don’t solely rely on their cars. Instead, they have a range of attractive and convenient options. Perhaps they can effortlessly hop on a frequent and reliable bus service that connects the development to the city centre. Or, for shorter trips, they might choose to cycle along dedicated bike lanes, safely navigating the area. For those who occasionally need a car, car-sharing services could be readily available, reducing the need for personal vehicle ownership.
Mobility integrated with real estate development can be further enhanced by incorporating sustainable commuting platforms into the project. These platforms provide real-time carpooling offers between community members, suggest the most efficient and eco-friendly routes for each journey, and even incentivise sustainable commuting behaviours like walking or cycling. By seamlessly integrating these types of platforms into the development’s infrastructure, residents would have all the necessary tools at their fingertips to make sustainable commuting a breeze.
This holistic approach to transportation doesn’t just benefit residents; it also enhances the overall appeal and value of the development. Properties with excellent transport links are more desirable, attracting a wider range of potential buyers and tenants. Furthermore, reduced reliance on private vehicles contributes to a more sustainable and environmentally friendly community, improving air quality and reducing traffic congestion.
Integrated mobility is not just a trend; it’s a fundamental shift in how we approach urban planning and real estate development. By embracing this concept and leveraging innovative technologies like sustainable commuting platforms, we can create thriving communities that are both vibrant and environmentally responsible.
Why Real Estate Is Crucial: Integrate Mobility Where It All Starts
Real estate developers have the power to shape the future of our cities. By strategically planning and developing projects, they can significantly impact the way people live, work, and move. They can singlehandedly plant the seed of sustainable behaviour and watch it grow and spread.
However, without mobility integrated into a sustainable way of life, all other efforts will not be fruitful.
RESIDENTIAL DEVELOPMENT
The Sustainable Suburb: A Community Reimagined
Imagine a suburban neighbourhood where residents can easily walk or bike to local shops, parks, and schools. A community where car ownership is optional, and shared mobility solutions are readily available. This is the vision of a sustainable suburb, made possible through integrated mobility.
By incorporating car-sharing hubs within the neighbourhood, residents can access vehicles when needed, reducing the need for individual car ownership. On the other hand, a dedicated app or platform can connect residents with similar commutes, facilitating carpooling arrangements. This reduces the number of cars on the road, saves on fuel costs, and reduces carbon emissions.
A well-designed bike and pedestrian paths will encourage active transportation, promoting health and wellness. And with easy access to public transportation, residents can connect to the broader urban area without relying on cars.
COMMERCIAL DEVELOPMENT
The Eco-Friendly Office Park: A Workplace for the Future
Picture an office park where employees can choose to cycle to work, take public transportation, or carpool with colleagues. A workplace that prioritises sustainability and employee well-being.
By providing secure bike storage, showers, and changing rooms, the office park encourages cycling as a mode of transportation.
Electric vehicle charging stations make it convenient for employees to switch to electric vehicles. And by partnering with public transportation providers, the office park ensures that employees have easy access to public transit options, reducing the need for single-occupancy vehicle commutes.
These are just a few examples of how integrated mobility can transform the way we live and work. By prioritising sustainable transportation and creating connected communities, we can build a more sustainable and equitable future.
Benefits for Investors
Integration of mobility solutions into new developments enables real estate investors to attract environmentally conscious buyers and tenants. Sustainable communities often command higher property values and attract businesses that prioritise sustainability. Additionally, reduced traffic congestion and improved air quality can enhance the overall appeal of the development.
There is no doubt that an offer like this is worth every cent of what you’ll eventually charge.
INTEGRATED MOBILITY IN EUROPEAN LEGISLATION
Sustainable Development Rules!
Many European countries have implemented legislation to promote sustainable urban development. The specific requirements vary between countries and even within countries, depending on local conditions and policies.
- The German Federal Immission Control Act sets strict standards for air quality, encouraging cities to invest in public transport and cycling infrastructure. Additionally, local regulations may require specific elements of sustainable transportation in new buildings.
- Known for its cycling culture, the Netherlands has laws that promote cycling as the primary mode of transportation. New residential complexes often have a requirement to provide sufficient bicycle parking and sometimes additional amenities like showers and changing rooms for cyclists.
- Countries like Sweden, Norway, and Denmark have ambitious goals to reduce greenhouse gas emissions, which is also reflected in their building regulations. These countries often require a certain percentage of parking spaces for electric vehicles in new residential complexes, as well as other measures to promote sustainable transportation.
While Ireland has strong policies promoting sustainable development and has made significant strides in improving public transportation and cycling infrastructure, there isn’t a specific, direct legislation mandating sustainable commuting options for all new construction projects.
However, the Planning and Development Act 2000, which governs land use planning and development, emphasizes sustainable development principles. This includes minimizing environmental impact and promoting sustainable transport options. Developers are encouraged to consider these principles when designing new projects.
Additionally, local authorities often have specific planning guidelines that may include requirements for sustainable transport options, such as bike storage, electric vehicle charging points, and proximity to public transport.
It’s important to consult with local authorities and planning departments to get the most accurate and up-to-date information on specific requirements for your project. If you plan to build a residential complex in one of these countries, you will need to familiarise yourself with local regulations. These may include the obligation to:
- Provide bicycle parking: The number of parking spaces depends on the size of the building and its location.
- Install electric vehicle chargers: The number of chargers depends on the number of parking spaces and other factors.
- Ensure good connectivity to public transportation: This may include proximity to bus stops, tram stops, or train stations.
- Promote the use of shared vehicles and carpooling options: Some regulations may require the provision of space for car-sharing or other forms of shared vehicle use.