CP0250: Site Planning and Development Valuation

School Cardiff School of Geography and Planning
Department Code GEOPL
Module Code CP0250
External Subject Code 100197
Number of Credits 20
Level L5
Language of Delivery English
Module Leader DR Patricia Lopes Simoes Aelbrecht
Semester Autumn Semester
Academic Year 2017/8

Outline Description of Module

This is a project-based course. This will involve the application of planning and design principles to the development of a mixed-use design scheme for a large site. Through this, students will learn about urban design, site planning issues and how planners deal with the design of development in their work. They will also get an insight into the design process and learn basic graphic, design and presentations skills in order to produce their final design scheme.

 

Students will then be taught the principles of valuation in order to judge the commercial viability of development schemes, and in order to understand the relationship between the form a development takes and its value to consumers and developers. Students will have to complete two forms of valuation, and learn the value of the different approaches.

On completion of the module a student should be able to

  • demonstrate an awareness of urban design, site planning and mixed-use layout principles
  • undertake a site analysis and learn how to judge the issues relevant to site development
  • select and apply various design layout principles to a design task
  • use basic graphic skills required for formulating and presenting an appropriate development concept and scheme
  • use basic concepts in property development and development appraisal
  • undertake a residual valuation and discounted cash flow assessment for a scheme
  • write a report

How the module will be delivered

The module is delivered in two interrelated parts.

Part one involves completing a planning appraisal of a site and formulating a design scheme. A series of lectures will provide the basic ideas and advice about how to do this. Design tutorials will offer the necessary design guidance during the development of their design scheme and introduce design software such as Sketchup (please note that the use of software in the assignment is optional).

Part two consists of a series of lectures that will introduce development valuation techniques and then a series of workshops will explore how you can complete a valuation of the final design scheme.

Skills that will be practised and developed

  • Economic appraisal and an awareness of economic issues as they effect planning related endeavours.
  • Site appraisal skills from a commercial and planning and design perspective.
  • Graphic skills.
  • Design awareness and formative design skills.
  • Report writing.

How the module will be assessed

There will be three items of coursework: (1) a group presentation of the site analysis, design vision and principles (2) an individual final site design scheme and a design statement describing the design process from site analysis, to design vision, principles, initial sketch ideas and final proposal, and (3) a complete financial valuation report of the scheme.

Type of assessment

 

%

Contribution

Title

Format/ Duration
(if applicable)

Approx. date of Assessment

Group Assessment

15%

Presentation on Site Survey and Analysis, and Design Vision and Principles

10 min presentation

Autumn

Individual Assessment

35%

Final Site Design Scheme and Statement.

6 x A3 sheets

Autumn

Individual Assessment

50%

Development Valuation Report.

2000 words

Autumn

The design and financial evaluation parts of the module have to be passed separately.

The opportunity for reassessment in this module

If students fail either of the two parts they will be asked to resubmit the failed element to a pass standard.

 

Assessment Breakdown

Type % Title Duration(hrs)
Presentation 15 Presentation On Site Survey And Analysis, And Design Vision And Principles N/A
Written Assessment 35 Final Site Design Scheme And Statement. N/A
Written Assessment 50 Development Valuation Report. N/A

Syllabus content

Typically includes:

Design Sessions: Site appraisal from a planning and design perspective. ‘Design visions’ and guiding ‘design principles’. Design standards for designing a mixed-use scheme (retail, residential and office’s designs). The use of precedents in planning and urban design. Design statements. Design Process. Design Tutorials.

 

Financial sessions: Introduction to the valuation report. The property market; and property development as an economic activity. Participants in the development process and their motives. Developer responses to constraints on development. The stages of the development process. Introduction to valuation and appraisal: market value and development value. Basic valuation methods: comparative and investment methods. Collecting market evidence. The residual method. Criticisms of the residual valuation. Residual Valuation Workshops. The Discounted Cash Flow method. DCF. Valuation tutorials.

Essential Reading and Resource List

Planning and Urban Design

 

  • DERT and CABE (2000) By Design, London: Thomas Telford.
  • Llewelyn Davies (no date), Urban Design Compendium, London: English Partnerships/Housing Corporation.

 

Property Development

  • Cadman, D and Topping R. (1995) Property Development. 4th Ed. London: Spon.
  • Millington, A.F. (2000) Property Development. London: Estates Gazette.
  • Wilkinson, S. and Reed, R. (2008) Property Development. 5th Ed, London: Routledge.

Background Reading and Resource List

  • Planning and Urban Design

  • Adler, D. (1999) Metric Handbook: Planning and Design Data, 2nd Edition. Oxford: Architectural Press.
  • Bentley, I. et al (1985), Responsive Environments: a manual for designers, Oxford: Butterworth-Heinemann.
  • Biddulph M (2007) Introduction to Residential Layout, Oxford: Architectural Press.
  • Carmona, M., Heath, T., Oc, T. and Tiesdell, S. (2003) Public Places, Urban Spaces. Oxford: Architectural Press.
  • Colquhoun, I. (1999), RIBA Book of 20th Century British Housing, London: Architectural Press.
  • Commission for Architecture and the Built Environment (CABE) publications available at http://www.cabe.org.uk/.
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  • Property Development

  • Adams, D. (1994) Urban Planning and the Development Process. London: UCL Press.
  • Baum, A. (Ed.) (2000) Freeman’s Guide to the Property Industry. London: Freeman Publishing.
  • Blackledge, M. (2008), Introducing Property Valuation, London: Routledge.
  • Guy, S. and Henneberry J. (Eds.) (2000) Development and Developers. Oxford: Blackwell.
  • Harvey, J. and Jowsey, E. (2004) Urban Land Economics. London: Macmillan.
  • Havard, T. (2008). Contemporary Property Development. 2nd Ed. London: RIBA Enterprises.
  • Millington, A.F. (1982) An Introduction to Property Valuation. London: Estates Gazette.
  • Richmond, D. (1994) Introduction to Valuation. London: Macmillan.
  • Scarrett, D. (2008). Property Valuation: The Five Methods. London: Routledge.
  • Taylor, N.P. (1991). Development Site Evaluation. Basingstoke: Macmillan.
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  • Cooper, Marcus C. and Sarkissian, W. (1986), Housing as if people mattered: site guidelines for medium density family housing, Berkeley: University of California Press.
  • Coupland, A. (1996), Reclaiming the City: Mixed-use development, London: E & FN Spon.
  • DOT (2007), Manual for Streets, London: Thomas Telford.
  • Lynch, K. and G. Hack. (1984) Site Planning, 3rd Edition. Cambridge, Massachusetts: MIT Press.
  • Towers, G (2005) At home in the city: an introduction to urban housing design, Oxford: Architectural Press.
  • Zhou, Jingmin (2005) Urban Housing Forms, Oxford: Architectural Press.
  • Tal, D (2009) Google Sketchup for Site Design, London: Wiley.

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