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Value Real Estate and Quality of Accessibility

New ways have to be found to involve the private stakeholders in the debate about accessibility. This Transumo project attempts to do just that by:

  • translating the outcome of state of the art traffic models into the predicted accessibility-quality of specific locations in terms of expected capture areas, customer loyalty, sales performance, and the competitive position, taking into account generalized time-budgets and travel-time-tolerance of customers in relevant market-segments;
  • making use of a new generation of ‘accessibility-maps’, that will depict the relative improvement or deterioration of accessibility of all locations in the Netherlands in relevant time spans of 5 or 10 years, taking into account the same marketing-oriented parameters.
  • establishing the relationship between the quality of accessibility of specific locations on the one hand and –amongst others- the price of commercial real estate on the other, also taking into account a number of other relevant parameters, such as a quality of real estate. This analysis is taking place on the basis of large, historic databases, which have been brought together for the first time for the purpose of this project.

The quality of accessibility is of prime importance to owners and developers of real estate, shopping malls, housing estates etc. In the Netherlands however, providing for infrastructure and public transport has on the whole been a public sector responsibility so far. However, the growth of mobility is of such a magnitude, that the public sector alone will not be able to provide sufficient accessibility quality.

Providing insight into the 3 new areas of knowledge mentioned above will not only provide private stakeholders with powerful arguments to refrain from their traditional ‘strategic behaviour’ in negotiating processes with public authorities, but these arguments will also help to persuade public authorities to adopt different negotiating strategies when the quality of accessibility is at stake.

The project has started in 2005. The first results have become available.

Participants
Montefeltro, Free University Amsterdam, Radboud University Nijmegen, Buck Consultants International, Goudappel Coffeng, Grontmij, VGS, Provinces Zuid Holland, Noord-Brabant, Projectbureau KAN, DTZ Zadelhof

Projectmanager
Montefeltro: D. van Egeraat

For more information, please contact Transumo at info@transumo.nl, +31 79 3470950