Why Master Planning Adds Value

Why Master Planning Adds Value

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infrastructure planning

When infrastructure planning precedes master planning you get situations like the image above. How about situations where entire zones are poorly planned? 

Infrastructure planning

Infrastructure planning is thinking about highways, roads, water reticulation, substations, power reticulation, treatment plants, sewer pipes, pumping stations, storm water drainage, ICT networks.

And master planning? Mind you, it is not just about fancy images of development plans.

Master planning

Master planning takes a holistic development view. A broad spectrum of important issues are considered. People, Environment, Markets, Community Development, Accessibility, Infrastructure, Energy Efficiency, Development Guidelines, Landscape, Facilities Management, Phasing and Roll-out Strategies, Maximizing Development Margin and more.

Now you understand why it’s called ‘master’ planning?

Infrastructure planning without master planning is applying infrastructure capital ineffectively

Why? Because you don’t get the best value from your infrastructure investment. If infrastructure investment is a forgone conclusion why not put in place a comprehensive master plan as well?  The infrastructure cost is not very different with or without a master plan. You are still required to service the same number of households, hotel rooms and commercial floor area.  With the help of a master plan you get to lay out and roll out the infrastructure with the intention of maximizing long term value – as developer returns and municipal revenue.

Think about it this way. Would you engage a builder/contractor alone to design-build your 5-star resort hotel?  The result will be functional but not compelling. How does the hotel architect add value?

It’s no different for resort destination development. Only at a different scale.

 

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