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Monday, September 08, 2008
Catherine Deshayes
The British
Property Federation has reported that tall and high density buildings could
reap major economic benefits for city centres.
Whilst sky scrapers are a common facet of most large city centres and central
business districts, new research from the British Property Federation (BPF) has
given a more rounded picture of the benefits of tall and high density
commercial developments.
There
is currently a review of tall buildings and historic views policy happening in London, with the Mayor
Boris Johnson putting planning at the top of his agenda.
The new BPF report shows how high density commercial developments increase
productivity as they allow the different work environment to merge, thus being
more productive.
In many
overcrowded city centres, where space is so limited, building up rather than
out is often the only means by which increased density and productivity can be
achieved.
There
are also green benefits of high density buildings, including reduced land take,
more green spaces and reduced travel time.
Liz Peace, Chief Executive of the BPF, said, "This research makes clear that
tall buildings can only deliver substantial economic benefits if they are in a
comparatively small number of commercial locations and where the conditions are
right.
"Getting the policy right is critical and policy makers need to understand and take account of the full range of impacts that high density and tall buildings can have - from the aesthetic to the economic.
"We hope that those involved will draw some useful insights from this report.
"We may be in a downturn at the moment, but in years to come there will once again be increased demand for commercial property, and in some areas, high density development could be the solution," Ms Peace went on to say.
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