Insights from ULI members in Europe informed a report, Supporting Smart Urban Development: Successful Investing in Density, which aimed to understand the characteristics of “good density” and quantify the relationship among density, investor returns, and carbon emissions. The expertise shared by members added to ULI’s ongoing research on density – specifically the important role that well-planned, well-designed density plays in the long-term resilience of cities in both developed and developing countries. The report was jointly published by ULI Europe and the Coalition for Urban Transitions.
The research comprises an analysis of existing literature and several datasets, including urban-extent density, business services, financial services, innovation, tourism, built-up-area density, walkability ratio, green environment, open-space ratio, unemployment rates, and crime rates, as well as a quantitative analysis of 63 cities globally. The conclusion: cities with dense development that have been designed to promote a high quality of life are more likely to be resilient and prosperous in the long term, while also providing sustainable returns for investors, than cities without “good density.”