Integrated model for assessment of high-rise building locations

Abstract

Changing economic conditions impact on visions of city development, which in turn is associated with private property, real estate market and pursuit for business investments. In terms of city development, investments are mostly centred on the construction industry. First and foremost, economic changes are reflected on the real estate market and city territory planning. One of the most important tasks that remain in city planning of today is focused on the development of efficient models that would ensure appropriate location of buildings in the territory of a city. To answer this problem-solving need, an integrated assessment model was developed. The most complicated processes are related to the design of critical buildings. The game theory was used to rank locations of high-rise buildings. The case-study demonstrated that the presented integrated assessment model can be used for practical problem solving.