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Maa-20.3530 Shared Project B, Land Economy V (6 cr) Spring 2013 Creating a development plan for Veromies

Maa-20.3530 Shared Project B, Land Economy V (6 cr) Spring 2013 Creating a development plan for Veromies

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Maa-20.3530 Shared Project B, Land Economy V (6 cr)

Spring 2013Creating a development plan for Veromies

General course and contact information• Questions regarding course administration, contact:

Riikka Kyrö, [email protected] (until 4 Feb)

Susanna Kari, [email protected] (after 4 Feb)• Questions regarding the project, contact:

Miro Ristimäki, [email protected]• Any questions regarding a scpecific lecture, contact the

lecturer directly

• All course materials (lecture slides and additional readings) will be available at Noppa after each lecture.

Timetable Spring 2013 

• Thursdays at 12.15, Gentti 3

• Thu 24 January 2013 Introduction to the course.

First part of the project work given.

Feedback from Shared Project A.

• Thu 31 January 2013Introduction to Real Estate Development (RED). Laura Yrjänä

Commercial RED and valuation methods. Laura Yrjänä

Market Analysis. James Culley

Timetable Spring 2013 

• Thu 7 February 2013Independent work. Working with the first part of the project.

• Thu 14 February 2013Independent work. Working with the first part of the project.

Deadline for the first part of the project is on Friday 15 Feb 2013.

• Thu 21 February 2013The role of the public sector in RED. Professor Kauko Viitanen

Feedback from the first part of the project. 

Timetable Spring 2013 

• Thu 28 February 2013• Life Cycle Leadership in Real Estate Development. Miro Ristimäki

Second part of the project work given.

• Thu 14 March 2013Independent work. Working with the second part of the project.

• Thu 21 March 2013Independent work. Working with the second part of the project.

Deadline for the second part of the project is on Friday 22 March 2013.

Timetable Spring 2013 

• Thu 28 March 2013Feedback from the second part of the project.

Third and final part of the project given.

Possibility to get tutoring for the project.

• Thu 4 April 2013Urban structure and climate change. Dr Jukka Heinonen

Brownfields and other environmental aspects in RED. Riikka Kyrö

•  Thu 11 April 2013Independent work. Working with the third part of the project.

Timetable Spring 2013 

• Thu 18 April 2013Independent work. Working with the third part of the project.

Deadline for the third and final part of the project is on Friday 19 April 2013.

• Thu 25 April 2013 in VantaaPresentation of the group project. Representatives of the City of Vantaa will be present.

• Fri 26 April 2013Final deadline for submitting the group project report!

Groups for Spring 2013• Group 1

– Anwar Bina– Haajanen Antti– Zhang Yi

• Group 2– Firew Tsegaye– Munia Hafsa– Salo Reetta– Virenius Otto

• Group 3– Snell Ross– Ullah Waqar– Viinikka Jussi– Wu Fei

Group ProjectPhase 1: Sections 1 and 2• The first part of the project will comprise Sections 1 and

2 of a development plan for Veromies• Independent work 7 Feb and 14 Feb• Deadline for the first part is on Friday 15 Feb. Submit to:

[email protected]

SECTION 1: GROWTH SCENARIOS FOR THE HELSINKI METROPOLITAN AREA

• The Finnish Economy– Government– Population– Industrial base– Currency– GDP and its development– Employment figures– International relationships

SECTION 1: GROWTH SCENARIOS FOR THE HELSINKI METROPOLITAN AREA

• The regional structure of the Helsinki Metropolitan Area– Municipal structure– Population and its development (past, current, and future) – Role of HMA in Finland– Location of HMA in Finland, international location and

connections– Traffic connections – Area development (past and future)– Policies regarding e.g. the environment, population, traffic, and

businesses

SECTION 1: GROWTH SCENARIOS FOR THE HELSINKI METROPOLITAN AREA

• Demand and supply of business premises – past, current, and future:– location of different types of business premises, and potential

trends in locating businesses– demand and supply (D&S) figures for business premises, and

identified trends in D&S– number of jobs andidentified trends– construction activities and identified trends

SECTION 1: GROWTH SCENARIOS FOR THE HELSINKI METROPOLITAN AREA

• D&S of housing – past, current, and future– location of housing and trends in locating– demand and supply figures and trends – tenure (ownership type)– construction activities and trends

• D&S of commercial services – past, current, and future– location of different commercial services and trends in locating– demand and supply figures and identified trends– construction activities and identified trends

SECTION 2: DESCRIPTION OF THE VEROMIES AREA

General– History– Development – Plans

Street plan– Connections– Importance– Current

situation– Development

and future

SECTION 2: DESCRIPTION OF THE VEROMIES AREA

Rail traffic– Connections– Importance– Current situation– Development and

future

Buses– Connections– Importance– Current situation– Development and

future

SECTION 2: DESCRIPTION OF THE VEROMIES AREA

Reputation and image– Business operations– Other activities– Building stock– Residents– Future developments– Overall image

Real Estate Development

• ….is the process of transforming a plot of land from one state to another. The main motive is usually financial profit.

• Keep in mind the perspective of real estate economy throughout the course!

Grading

• will be based solely on the project (activeness during the course, written development plan, oral presentation), and each member of the group will end up with the same final grade.

• In other words, you will have to work as a team!

And avoid this!

http://imgur.com/gallery/RElQwPP