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 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.

mailto:[email protected]



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


• 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.


• 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.


• 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.


• 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


• 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


• 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


• 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


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

future

Buses– Connections– Importance– Current situation– Development and

future


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

Documents

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