Abstract

Based on an analysis of modern priorities for real estate development and for the solution of the most acute problems of urban environment, the article presents the universal algorithm of economic justification for building the main elements of the city planning structure. The developed algorithm includes correction of urban planning documents and further creation of the site development concept for the main element of the city planning structure to form a reasonable level of the environment quality in the study area. The main components of the development concept for the city planning structure main element are here presented. As a result of using the algorithm presented, the development of the planning structure main element with a high capitalization potential is carried out. The main criterion of its application for the cost-effective mode of the urban development is the increase of investments in the territory. The use of the study results will allow developers to work out cost-effective projects for the development of urban areas, taking into account the reasonable level of the urban environment quality as a factor of economically reasonable growth of real estate capitalization.

Highlights

  • Directions of the development actualized in the latest program statements of the President and the Government of the Russian Federation [1] are aimed at involving the factors of increasing the competitiveness of the life activity environment that were not used in the past

  • Based on an analysis of modern priorities for real estate development and for the solution of the most acute problems of urban environment, the article presents the universal algorithm of economic justification for building the main elements of the city planning structure

  • The use of the study results will allow developers to work out costeffective projects for the development of urban areas, taking into account the reasonable level of the urban environment quality as a factor of economically reasonable growth of real estate capitalization

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Summary

Introduction

Directions of the development actualized in the latest program statements of the President and the Government of the Russian Federation [1] are aimed at involving the factors of increasing the competitiveness of the life activity environment that were not used in the past. Russia has become one of the world's largest donors of raw materials, and of intellectual resources. According to World Bank experts, the "brain drain" results from the lack of decent living environment [2,3]. The cooperative analysis of foreign and domestic specialists in the field of sustainable development has confirmed that the high quality of human capital is impossible without providing decent living conditions and good conditions for activities in business hot spots [4,5,6]. The gap between entire Russia or her particular regions and developed countries (as well as a number of developing ones) in the area of improving the environment that supports the development of human capital is much bigger than the gap in material production, including manufacture, financial, information and other

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