ABSTRACT

The engagement of an evolved stakeholder profile can help real estate development to anticipate a variety of risk- and opportunity-based scenarios, all of which will be critical to the future consideration of where, what and how to develop. Real estate developers can best manage the meta-trend-related risks and opportunities through stakeholder engagement dialogues between the public and private sectors to ensure that shifting populations can find safe, affordable and sustainable housing in growing areas. With impacts across land-purchase, infrastructure development, architectural design, contract building and profitable resale, the real estate development industry has represented some of the best and most rapid innovations of the 20th century. Stakeholder engagement that yields competitive advantage for the real estate industry under environmentally shifting conditions will include national as well as local policy-makers, urban planning officials, insurance risk assessors and growth-market leaders in climate, energy and water management.