GaWC Project 41

Methodologies for Predicting the Future of Cities: Real Estate Perspectives on Future Global Cities

Independently funded

Researcher: Carlos H. Betancourth

Outline

Developing new metrics and predictive methodologies to capture and analyze the form and function of tomorrow’s “winning city” is one of the most crucial challenges underpinning the future success of real estate occupation, investment and development strategies. A step towards the development of these new metrics and predictive methodologies is to understand the essence of contemporary city competitiveness. It is in this sense that it becomes important to develop a research programme that aims to draw together the essence of contemporary city competitiveness, and to better understand the extent to which property can drive the new city order. This programme should be inclusive in nature, drawing both upon the property research community and atypical treatments of the development process.

Output

While no firm conclusions are sought, the idea of the project is to explore the receptivity to new ideas on the part of the property research community and the potential for cross-disciplinary perspectives on the development process. There will be a series of reports that start to explore the arguments, new metrics, and predictive methodologies proposed by the property research community.