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Top Trends Transforming the Commercial And Institutional Land Planning And Development Market Market Landscape in 2025: Strategic Partnerships Reshaping Commercial Land Planning And Development Market Dynamics
Commercial And Institutional Land Planning And Development Market
What Will the Commercial And Institutional Land Planning And Development Market Industry Market Size Be by 2025?
The market size of commercial and institutional land planning and development has witnessed robust growth over the recent past. Its value is projected to increase from $29.79 billion in 2024 to $32.24 billion in 2025, marking a Compound Annual Growth Rate (CAGR) of 8.2%. The market's historical growth can be traced back to factors such as urban expansion movements, population growth, migration trends, the institution of economic development plans, adjustments in zoning and regulatory schemes, and corporate growth strategies.
What's the Long-Term Growth Forecast for the Commercial And Institutional Land Planning And Development Market Market Size Through 2029?
The expectation for the market size of commercial and institutional land planning and development is a significant increase in the coming years, reaching an expected $43.66 billion by 2029, boasting a compound annual growth rate (CAGR) of approximately 7.9%. This anticipated growth within the projected time frame can be credited to several factors including sustainable and green development, technological advancements and infrastructure innovations, a shift towards mixed-use developments, planning for climate resilience, and collaborations between the public and private sectors. Notable trends anticipated within the forecast period include the embrace of inclusive design, initiatives for urban regeneration, incorporation of green spaces, a focus on infrastructure durability, and a community-focused design approach that encourages stakeholder engagement.
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What Are the Key Growth Drivers Fueling the Commercial And Institutional Land Planning And Development Market Market Expansion?
The upswing in construction activities is projected to fuel the expansion of the commercial and institutional land planning and development market. The industry that revolves around the design, development, and construction of industrial, commercial, and residential buildings using various construction materials is directly influencing the growth in demand for land planning and development to optimize land spaces. For instance, the Office for National Statistics, a UK-based independent official statistics producer, reported in August 2024 that there was a significant 16.5% increase, worth £1,771 million ($2,224 million), in total new construction orders in Quarter 2 of 2024 as compared to the first quarter. This growth was primarily spurred by private commercial and infrastructure new work, which saw increments of 15.1% (£503 million, $637 million) and 23.4% (£389 million, $490 million) respectively. Consequently, the burgeoning demand in the construction sector is stimulating the growth of the cobblestone market.
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What Are the Key Trends Driving Commercial And Institutional Land Planning And Development Market Market Growth?
Strategic alliances are becoming increasingly popular in the commercial and institutional land planning and development landscape, emerging as a key trend. These collaborations are employed by significant industry operators to secure more prominent land agreements and effectively control their costs. For instance, in August 2022, a partnership was formed between GTIS Partners, a real estate investment company based in the United States, and Collett Industrial, an industrial land development firm also based in the United States. Their joint venture aimed to acquire and develop two projects with a joint capitalization of $140 million in the Greenville-Spartanburg MSA. One project worth mentioning is Willimon Business Park, which has secured long-term contracts or letters of intent for approximately 520,000 square feet of area from its tenants. The GSP development projects, positioned adjacently in the same opportunity zone at the eastern boundary of the South Carolina Technology & Aviation Center, are expected to offer nearly 1.2 million square feet of industrial space once completed. About 110 businesses are already operating within SCTAC, one of the largest business parks in South Carolina.
How Is the Commercial And Institutional Land Planning And Development Market Market Segmented?
The commercial and institutional land planning and development market market covered in this report is segmented -
1) By Type: Industrial, Commercial, Residential
2) By Ownership: Chained, Standalone
3) By Application: Business, Construction, Services, Other Applications
Subsegments:
1) By Industrial: Manufacturing Facilities, Warehousing And Distribution Centers, Industrial Parks
2) By Commercial: Retail Developments, Office Buildings, Hospitality
3) By Residential: Single-Family Homes, Multi-Family Housing, Mixed-Use Developments
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Which Companies Are Leading the Charge in Commercial And Institutional Land Planning And Development Market Market Innovation?
Major companies operating in the commercial and institutional land planning and development market market include Daniel Corporation, Halpern Enterprises Inc., Holder Properties Inc., Jacoby Development Inc., Bolis Properties LLC., Crown Holdings Group, Merlin Land Planning and Development Ltd., Fuehrer Associates Ltd., Founthill Ltd., JIG - Planning & Development Ltd., Pacific Land Group, H2 LAND Ltd., Kitchener Land and Planning Ltd., Merrick & Company, Baseline Group, Hines Interests Limited, Brookfield Properties, CBRE Group Inc., Cushman & Wakefield Inc., Colliers International Group Inc., Gensler & Associates Inc., Perkins&Will, WSP Global Inc., Nikken Sekkei Ltd., CannonDesign, GHD Group Pty. Ltd., Rambøll Group A/S, The Mott MacDonald Group, Arcadis NV, Kiewit Corporation
Which Regions Are Leading the Global Commercial And Institutional Land Planning And Development Market Market in Revenue?
Asia-Pacific was the largest region in the commercial and institutional land planning and development market in 2024. The regions covered in the commercial and institutional land planning and development market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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