Land development has a history dating to Neolithic times around 8,000 BC. From the dawn of civilization, the process of land development has elaborated the progress of improvements on a piece of land based on codes and regulations, particularly housing complexes.
Economic aspects
In an economic context, land development is also sometimes advertised as land improvement or land amelioration. It refers to investment making land more usable by humans. For accounting purposes, it refers to any variety of projects that increase the value of the process. Most are depreciable, but some land improvements are not able to be depreciated because a useful life cannot be determined. Home building and containment[clarification needed] are two of the most common and the oldest types of development.
Scraper pan pickup and drop off to level the terrain
In an urban context, land development furthermore includes:
A landowner or developer of a project of any size will often want to maximise profits, minimise risk, and control cash flow. This "profitable energy" means identifying and developing the best scheme for the local marketplace, whilst satisfying the local planning process.
Development analysis puts development prospects and the development process itself under the microscope, identifying where enhancements and improvements can be introduced. These improvements aim to align with best design practice, political sensitivities, and the inevitable social requirements of a project, with the overarching objective of increasing land values and profit margins on behalf of the landowner or developer.[1]
Development analysis can add significantly to the value of land and development, and as such is a crucial tool for landowners and developers. It is an essential step in Kevin A. Lynch's 1960 book The Image of the City, and is considered to be essential to realizing the value potential of land.[2] The landowner can share in additional planning gain (significant value uplift) via an awareness of the land's development potential. This is done via a residual development appraisal or residual valuation. The residual appraisal calculates the sale value of the end product (the gross development value or GDV) and hypothetically deducts costs, including planning and construction costs, finance costs and developer's profit. The "residue", or leftover proportion, represents the land value. Therefore, in maximizing the GDV (that which one could build on the land), land value is concurrently enhanced.
Land value is highly sensitive to supply and demand (for the end product), build costs, planning and affordable housing contributions, and so on. Understanding the intricacies of the development system and the effect of "value drivers" can result in massive differences in the landowner's sale value.
Construction activity often effectively seals off a larger part of the soil from rainfall and the nutrient cycle, so that the soil below buildings and roads is effectively "consumed" and made infertile.
In Argentina and Bolivia, the Chacothorn forest (A) is being felled at a rate considered among the highest in the world (B), to give way to soybean cultivation (C).
New creation of farmland (or 'agricultural land conversion') will rely on the conversion and development of previous forests, savannas or grassland. Recreation of farmland from wasteland, deserts or previous impervious surfaces is considerably less frequent because of the degraded or missing fertile soil in the latter. Starting from forests, land is made arable by assarting or slash-and-burn.
Agricultural development furthermore includes:
Oil palm plantation and rainforest fragment on Borneo
Because the newly created farmland is more prone to erosion than soil stabilized by tree roots, such a conversion may mean irreversible crossing of an ecological threshold.
While deleterious effects can be particularly visible when land is developed for industrial or mining usage, agro-industrial and settlement use can also have a massive and sometimes irreversible impact on the affected ecosystem.[9]
The environmental impact of land use and development is a substantial consideration for land development projects. On the local level an environmental impact report (EIR) may be necessary.[definition needed] In the United States, federally funded projects typically require preparation of an environmental impact statement (EIS). The concerns of private citizens or political action committees (PACs)[further explanation needed] can influence the scope, or even cancel, a project based on concerns like the loss of an endangered species’ habitat.[citation needed]
In most cases, the land development project will be allowed to proceed if mitigation requirements are met.[citation needed]Mitigation banking is the most prevalent example, and necessitates that the habitat will have to be replaced at a greater rate than it is removed. This increase in total area helps to establish the new ecosystem, though it will require time to reach maturity.[citation needed]
The extent, and type of land use directly affects wildlifehabitat and thereby impacts local and global biodiversity.[10] Human alteration of landscapes from natural vegetation (e.g. wilderness) to any other use can result in habitat loss, degradation, and fragmentation, all of which can have devastating effects on biodiversity.[11] Land conversion is the single greatest cause of extinction of terrestrial species.[12] An example of land conversion being a chief cause of the critically endangered status of a carnivore is the reduction in habitat for the African wild dog, Lycaon pictus.[13]
Deforestation is also the reason for loss of a natural habitat, with large numbers of trees being cut down for residential and commercial use. Urban growth has become a problem for forests and agriculture, the expansion of structures prevents natural resources from producing in their environment.[14] To prevent the loss of wildlife the forests must maintain a stable climate and the land must remain unaffected by development. [citation needed] Furthermore, forests can be sustained by different forest management techniques such as reforestation and preservation. Reforestation is a reactive approach designed to replant previously logged trees within the forest boundary in attempts to re-stabilize this ecosystem. Preservation, on the other hand, is a proactive idea that promotes the concept of leaving the forest without using this area for its ecosystem goods and services.[15] Both of these methods to mitigate deforestation are being used throughout the world.[citation needed]
The U.S. Forest Service predicts that urban and developing terrain in the U.S. will expand by 41 percent in 2060.[16] These conditions can cause displacement for the wildlife and limited resources for the environment to maintain a sustainable balance.[17]
Built-up area– Human settlement with high population density and infrastructure of built environmentPages displaying short descriptions of redirect targets
Brownfield land– Previously developed land, often contaminated
Colonization– Establishment and development of settlements by people or animals
Watertable control– Use of drainage to control the groundwater level in an area
References
↑Johnson, David E. (2008). "4. Marketing Studies and Market Considerations". Fundamentals of Land Development. Hoboken, NJ: John Wiley & Sons. ISBN9780471778936.
↑Lynch, Kevin (1960). The Image of the City. Cambridge MA: MIT Press. OL5795447M.
R.J. Oosterbaan, International Institute for Land Reclamation and Improvement, Wageningen, The Netherlands. "Improvement of waterlogged and saline soils." Free downloads of software and articles on land drainage.
Kone, D. Linda (2006). Land Development (10thed.). Washington, D.C.: National Association of Home Builders. ISBN9780867186093.
Dewberry & Davis (2008). Land Development Handbook (3rded.). New York: McGraw-Hill Professional. ISBN9780071640930.
Colley, Barbara C. (2005). Practical Manual of Land Development (4thed.). McGraw-Hill. ISBN0071448667.