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Commercial And Institutional Land Planning And Development Market Expansion Continues, with Forecast Valuation of $42.06 Billion by 2029
Commercial And Institutional Land Planning And Development Market
Commercial And Institutional Land Planning And Development Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, there has been a robust growth in the market size for commercial and institutional land planning and development. Its expansion will escalate from $29.2 billion in 2024 to $31.25 billion in 2025, marking a compound annual growth rate (CAGR) of 7.0%. Factors such as the surge in urbanization, population enlargement and movement, economic progress initiatives, zoning laws and regulations, and corporate growth strategies can be credited for this growth observed in the historic period.
Commercial And Institutional Land Planning And Development Market Size Forecast: What's the Projected Valuation by 2029?
The market size for commercial and institutional land planning and development is anticipated to witness robust growth in the coming few years. It is projected to reach a value of $42.06 billion in 2029, with a compound annual growth rate (CAGR) of 7.7%. Causes for growth during the forecasted period include sustainability and ecological development, advancements in technology and infrastructure, transition towards mixed-use developments, climate change resilience planning, and public-private collaborations. Crucial trends during this period encompass the implementation of inclusive designs, revitalization of urban spaces, incorporation of green areas, focus on resilient infrastructure, and designs that are centered around the community with stakeholder participation.
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What Are the Drivers Transforming the Commercial And Institutional Land Planning And Development Market?
The anticipated surge in construction activities is forecasted to drive the growth of the market for commercial and institutional land planning and development. The construction of industrial, residential, and commercial structures implies an industry involved in the conceptualization, growth, and building of edifices utilizing construction materials. The upsurge in construction stimulates the requirement for land planning and development to properly leverage land spaces. For example, in August 2024, as per the Office for National Statistics, UK's independent official statistics producer, there was a rise by 16.5% £1,771 million ($2,224 million) in the total new construction orders in the second quarter of 2024 compared to the first quarter. This growth in the quarter was primarily propelled by private commercial new work and infrastructure new work, showing an increase by 15.1% £503 million ($637 million) and 23.4% £389 million ($490 million) respectively. Therefore, the growth of the construction industry is bolstering the demand, thus, driving the expansion of the cobblestone market.
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What Trends Will Shape the Commercial And Institutional Land Planning And Development Market Through 2029 and Beyond?
The trend of strategic collaborations is gaining traction in the commercial and institutional land planning and development market. Major players in this market are concentrating on establishing partnerships to secure larger land transactions and manage their costs effectively. For example, GTIS Partners, a real estate investment company based in the US, teamed up with Collett Industrial, an industrial land development company also based in the US, in August 2022, creating a joint venture aimed at buying and developing two projects totaling $140 million in investment in the Greenville-Spartanburg MSA. Willimon Business Park, one of the projects, has reached long-term agreements or letters of intent with tenants for approximately 520,000 square feet of space. These GSP development projects are located adjacently in the same opportunity zone at the eastern edge of the South Carolina Technology & Aviation Center, and they will provide nearly 1.2 million square feet of industrial space once completed. Almost 110 firms are active at SCTAC, considered among the largest business parks in South Carolina.
Which Segments in the Commercial And Institutional Land Planning And Development Market Offer the Most Profit Potential?
The commercial and institutional land planning and development 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 Firms Dominate the Commercial And Institutional Land Planning And Development Market by Market Share and Revenue in 2025?
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 Offer the Highest Growth Potential in the Commercial And Institutional Land Planning And Development Market?
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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