PROPERTY DEVELOPMENT AND URBAN PLANNING
PROPERTY DEVELOPMENT AND URBAN PLANNING
Property Development and Urban Planning is the guiding and directing the use and development of Land, urban environments, and services in order to ensure economic development, quality of life and sustainable urban living. Although there are various contexts of property development and urban planning. But in this article, we are concentrating on Mixed-use Projects and Transit-Oriented Development (TOD).
1. Mixed-use Development
Mixed-use development is the combination of residential, commercial, cultural, institutional, or industrial uses in a single space or neighborhood. The common features to identify Mixed-use Development are Residential apartments above retail shops or offices, Live-work-play environments, Shared infrastructure (like parking, green spaces, and waste management).Walkable distances and reduced need for commuting. Same Examples in Nigeria is Eko Atlantic City, Jabi Lake Mall Precinct (Abuja)
Benefits:
- It encourages efficient usage of the land, it is valuable in densely populated urban areas.
- It has diverse streams of income for property developers and reduced vacancy risks experienced.
- Encourages interaction among people of different socio-economic, Religious and cultural backgrounds.
- It reduces dependency on automobiles, lowers emissions, and supports greener cities.
2. Transit-Oriented Development (TOD)
TOD refers to compact, walkable, mixed-use communities centered around high-quality public transit systems. The goal is to improve access to public transport while minimizing reliance on private vehicles. Some core principles of TOD are high-density development near transit stations, Pedestrian-friendly urban design. , Integration of commercial, residential, and recreational spaces within walking distance of transit. Reduced parking requirements and road blockage with random parking. Nigeria does not practice TOD but is encouraged to.
Benefits:
- It Encourages mass transit usage, reduces traffic congestion.
- It increases land value and fosters economic activity near transit hubs and stations
- Assist low- and middle-income residents live closer to jobs and services.
Some Challenges in Nigeria:
- Most Nigerian cities lack efficient rail or bus rapid transit systems, and this could be means of transportation.
- Scattered urban planning often undermines TOD principles.
- Transport planning and property development are often disjointed.
Opportunities:
Below are opportunities already in Nigeria that can be leveraged on.
- Lagos Rail Mass Transit (LRMT): Projects like the Blue Line and Red Line offer opportunities for TOD around new stations.
- BRT Corridors (Bus Rapid Transit): Commercial and residential development near BRT stations in Lagos can adopt TOD concepts.
- New City Developments: Emerging urban centers (e.g., Lekki, Centenary City Abuja) can embed TOD from the planning phase.
Strategic Recommendations for Nigeria and Similar Regions:
- Update Zoning Regulations to promote mixed-use and TOD-friendly districts.
- Invest in Public Transit Infrastructure to unlock the full potential of TOD.
- Encourages some commercial activities in residential areas to foster the improved of mixed use
- Public-Private Partnerships (PPPs) for joint development around transit hubs.
- Encourage Community Engagement to ensure inclusive and equitable urban growth.
Conclusion
Mixed-use developments and TOD is said to be the future of sustainable urban growth. These strategies can ease housing shortages, improve quality of life, reduce environmental impact, and drive economic growth. For Nigeria and other growing cities, it is encouraged to embrace these models
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