Theodore Wojtas - The Role of real estate developer in the Creation of sustainable communities
The establishment of real estate plays an indispensable impact in society and the economy. You can see its real impact in well-developed countries where sustainability criteria are often the priority for future developments. Theodore Wojtas is a renowned name in the field of real estate. He says the work of real estate builders is not easy. They have to pay a lot of hard work to establish sustainable communities by implementing such practices that do not have any negative effect on both the community and the environment.
In which ways do real estate companies implement sustainable practices?
ABCD (Asset-Based Community Development): ABCD is an effective approach to determining the community’s assets and how to get benefit from these assets for development purposes. It is a new approach that allows the developers to establish and construct new buildings by fulfilling the demands of the community as per the government & environmental laws. It connects community development, asset-based planning elements and social capital.
Creation of shared vision: Clear vision always stimulates and inspires the team towards the community’s desired expectations and also helps individuals to examine the work of real estate developers to achieve overall goals. Numerous systems believe that shared vision is a vital step in a community modification effort.
Future investment: Creating sustainable communities is the first role of a real estate builder. Thus, they have to work together with state, local, and federal administrations due to the indulgence of housing, infrastructure, community development funds and a commitment to smart developments and best practices. For this achievement, they need the right mindset to connect with communities, willingness to accept modifications and understanding the upcoming difficulties.
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