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The commercial and institutional land planning and development market has experienced robust growth in recent years and is projected to continue on this upward trajectory. This blog delves into the key factors driving this growth, anticipated trends, and the major players shaping the market.

 

Current Market Growth

• Strong Growth in 2023: The market grew from $26.53 billion in 2023 to $28.66 billion in 2024, reflecting a CAGR of 8.0%.
• Key Drivers: Urbanization trends, population growth and migration, economic development initiatives, zoning and regulatory frameworks, and corporate expansion strategies have fueled this growth.

 

Future Market Projections

• Projected Growth by 2028: The market is expected to reach $39.17 billion in 2028, with a CAGR of 8.1%.
• Growth Factors: Sustainability and green development, technological and infrastructure innovations, shift towards mixed-use developments, resilience planning for climate change, and public-private partnerships will drive future growth.

 

Read The Full Commercial And Institutional Land Planning And Development Market Report Here:

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Key Trends in the Commercial and Institutional Land Planning and Development Market

Adoption of Inclusive Design

• Focus on Accessibility: Designing spaces that are accessible to all community members.
• Enhanced Livability: Creating environments that support diverse populations.

 

Urban Regeneration Initiatives

• Revitalizing Urban Areas: Transforming neglected urban spaces into vibrant communities.
• Economic Boost: Encouraging investment and economic activity in redeveloped areas.

 

Integration of Green Spaces

• Environmental Benefits: Incorporating parks and green areas to improve urban ecosystems.
• Health and Well-being: Enhancing community well-being through access to nature.

 

Emphasis on Resilient Infrastructure

• Climate Change Adaptation: Building infrastructure to withstand climate-related events.
• Long-term Planning: Ensuring the durability and sustainability of developments.

 

Community-Centric Design with Stakeholder Engagement

• Participatory Planning: Involving community members in the planning process.
• Tailored Solutions: Designing spaces that meet the specific needs of the community.

 

Construction Boom Propelling Market Growth

• Increase in Construction Activities: The rise in industrial, commercial, and residential construction is driving market growth.
• Demand for Planning: The surge in construction activities boosts the demand for land planning and development.
• Example: According to Oxford Economics, the global construction output in North America is expected to grow by 32%, or $580 billion, from 2020 to 2030, reaching $2.4 trillion in 2030.

 

Major Players in the Market

• Key Companies: Daniel Corporation, Halpern Enterprises Inc., Holder Properties Inc., Jacoby Development Inc., Bolis Properties LLC., Crown Holdings Group, and more.
• Strategic Acquisitions: Ryan Companies US Inc.’s acquisition of The Excelsior Group’s commercial businesses to expand its portfolio.

 

Strategic Partnerships Reshaping Market Dynamics

• Key Trend: Strategic partnerships are gaining popularity to secure larger land deals and manage expenses efficiently.
• Example: In August 2022, GTIS Partners partnered with Collett Industrial to develop projects with a combined capitalization of $140 million, including the Willimon Business Park with long-term agreements for about 520,000 square feet of space.

 

Market Segmentation

• By Type: Industrial, Commercial, Residential.
• By Ownership: Chained, Standalone.
• By Application: Business, Construction, Services, Other Applications.

 

Regional Insights

• Asia-Pacific Dominance: Asia-Pacific was the largest region in the commercial and institutional land planning and development market in 2023, driven by rapid urbanization and infrastructure projects.

 

Conclusion

The commercial and institutional land planning and development market is set for robust growth, driven by urbanization, sustainability initiatives, technological advancements, and strategic partnerships. As the market evolves, key trends like inclusive design, urban regeneration, and resilient infrastructure will shape its future, offering exciting opportunities for industry players and stakeholders.

 

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The Commercial And Institutional Land Planning And Development Global Market Report 2024  provides an overview of the commercial and institutional land planning and development market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The commercial and institutional land planning and development market forecast analyzes commercial and institutional land planning and development market size, commercial and institutional land planning and development market share, leading competitor and their market positions.

 

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