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SUSTAINABILITY AND TECHNOLOGY: THE WAGER OF REAL ESTATE DEVELOPMENT IN MEXICO

August 16, 2019 / Real Estate Development

In order to open a dialogue among real estate development experts, Quiero Casa convened a forum to talk about the market trends, highlighting that, in principle, to talk about real estate development.

SUSTAINABILITY AND TECHNOLOGY: THE WAGER OF REAL ESTATE DEVELOPMENT IN MEXICO

In order to open a dialogue among real estate development experts, Quiero Casa convened a forum to talk about the market trends, highlighting that, in principle, to talk about real estate and housing development, there must be discussion about the population dynamics, people, and their well-being.

“Changing the way of conceptualizing projects, in which through transparency toward the community and application of design, construction, and sale technologies, affordable housing is produced and as a matter of principle integrable to the urban context is the near future for real estate development,” assured the experts

Urban development, which must take housing as a foundation, must consider that the population dynamic in our country, and specifically in Mexico City, has been changing, the physical and spatial needs, socioeconomic capabilities, types of family, and well-being criteria are not the same as a few years ago.

“When we talk about urban development and sustainable housing, we must understand it as an integrated solution system, that attends to different dimensions of the person, and not exclusively as a verification list of physical characteristics of cities and houses,” pointed out Ana Paula Fernández, expert in a sustainable development.

The challenges that we confront in housing matters push the need to create strategies and solutions at different levels of government in order to attend to: demand, affordability, and accessibility.

Building housing has been for years one of the principal challenges, in order to provide for the growing demand, which exceeds 60,000 homes per year in Mexico City alone and where just 15,000 homes are built; reducing the deficit that we have today, which if we remember, is one of the greatest in Mexico City’s history, above all between 800,000 and 1.6 million pesos is essential, nonetheless, currently the challenge goes beyond this, today, one has to think about how to build that housing not only at affordable prices, it also must be sustainable over time.

Urban planning and legislation are instruments that contribute to maximizing affordability and social inclusion. “The reconversion of underutilized areas, mixed uses, in addition to better transportation infrastructure and inclusive zoning, must contribute to improving affordability, location, and accessibility of housing, especially for the population in conditions of vulnerability, pointed out Sara Topelson, director of the Center of Research and Documentation of the Home, CIDOC.

“The urban development and housing model has not been able to achieve the necessary results, large cities have an important asset in urbanization and installed capacity of basic infrastructure in their city centers. Efficiency in taking advantage of scarce financial resources implies a regeneration of the cities’ interior,” emphasized Ana Paula Fernández.

It is necessary to adopt a Regenerative Development model, which for years has been worked on and perfected at Quiero Casa, and with which it is possible to establish a commitment to the community, in which they have certainty that where there is development there’ll be a positive change that allows for improving the quality of life of the surroundings.

Opting for sustainability and technology, through the Regenerative Development model, is the flag that developers must fly in the short term. “Mexico City confronts a problem of water scarcity, which constitutes the principal worry of communities in which housing is developed today, with this reasoning, from the group of companies Desarrolladora de Ciudad, we explore the development of gray water reuse technologies along with providers and experts that could reduce the consumption of water by 60%, as well as the inclusion of solar panels to reduce the electricity expense, among other strategies,” pointed out José Shabot.

In conclusion, the approach is to change the way of developing projects, from the beginning, its integration into the context must be planned, considering all the physical, technical, and social factors that there are around, in a way that the projects may be integrated to the existing urban system, cohabiting and regenerating their components sustainably.

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