Property Development Process

The aim of this research paper is to propose the development of metro stations in the city of Kent, highlighting the constraints and opportunities. It discusses the social, economic, and political factors impacting the development plan.

Running head : PROPERTY DEVELOPMENT PROCESS
PROPERTY DEVELOPMENT PROCESS
Name of the Student
Name of the University
Author Note

1PROPERTY DEVELOPMENT PROCESS
Introduction
The aim of the research paper is to propose the development of metro stations in the city.
Furthermore the paper will be focused in finding the issues which will be faced by the
development plan of the metro station in the busy streets of Kent. It will also find and highlight
the constraints and opportunities which will be faced by proposing the new development plan.
However, under the analysis there will also be a need to understand the needs and factors which
are impacting the development of the new plant in Sydney. Social factor, Economic factor and
Political factor are the three elements which should be considered before implementing the plan.
Discussion
The research paper has chosen Kent Street only because it is one of the most popular
areas in Sydney. The street consists of luxury restaurants, clubs, bars, busy office areas and
apartments. With an unrivalled location, Kent Street is at the centre of Sydney which is also a
vibrant city. It ensures people with full of joy and perfect mix of attraction, shopping centers,
entertainment, exotic dining and beautiful culture. Above from all these places are all within the
walking distance. According to Baker (2018) the place is a perfect combination of convenience,
first class living and comfortable.
Under the social factors which are available it is very necessary to consider the
advantages of implementing the development plan of metro stations is that the importance of
transportation facilities in public places. One of the opportunities of it is being a public space
which also offers a scope to the customers and the visitors in the place who can participate in all
forms of recreation from shopping to spending time and eating in the exotic restaurants and bars.
Another advantage of the place is the availability of variety commercial sectors as because it is

2PROPERTY DEVELOPMENT PROCESS
located near to the shops and hotels with no problem of heavy traffic at all. There is also a scope
of the availability of number of people in a daily basis. However the availability of the central
shopping malls opens up the opportunity of a huge mass of people gathering in the spot on a
daily basis. The development plan of the metro in the area will be further advantageous to the
people to travel quickly and hassle free. The metro is also easily accessible to the rest of the part
of the country. Therefore it is very important to consider the development of the metro station
the streets of Kent which will also add to the extravagant growth of the city now and in the
future. It will help the place to be more attractive and vibrant Baker (2018). Few other
advantages of the implementation of the metro station is the availability of the reliable
transportation system which will also be easily accessible and will be frequent in the time of
providing service to the common people. Adding to the advantages according to Furlan et al.
(2018) it will also expected that the transportation system will also reduce the pressure on the
other modes of transport. It will thus also help in decreasing the pressure of crowded young
people and shopaholics.
However the disadvantages also cannot be denied with the fact of choosing the place
since it has also to be observed that if the plan s implemented what will be the impact on the
environment. Few disadvantages of the project are discussed further. According to *** there will
be a demolition of huge number of building and public offices. Expenses of around $2.30 billion
will have to be spend in the demolition of the buildings and structures all around the Kent Street.
It has also be to taken care of that there will be an impact on the residential areas all around the
place since the project will be taking a long number of days to construct. Therefore it can also be
further argued that the demolition will not be cost effective as because it will also incur a huge
amount of expense in further installation of the new buildings. Another disadvantage of the

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project is that it will be creating an extra pressure over the revenue of the country. It alos has be
further agued by Baker (2018) that the development plan of the metro station will not contribute
to the development of the community but will add to the extra cost to the commercial business
which will be demolished. The most interesting thing about the project is that it will employ a
huge number of 1200 employees who are mostly the railway employees. Whereas it might also
be incompatible for the purpose of creating extra hassles for the people who live in the area.
However it cannot also be denied that the project will be hampering the development of the
community.
Rationale behind the choice of this precinct.
It is very important to provide the rationale behind the selection of the location in
developing the project. As it is based on the strategic location and is connected with the three
locations of the Northern, Western and Southern sides of the street. Therefore according to
Furlan et al. (2018) it will be a purpose to serve as a connecting hub between the different points
and sectors of the city. However it should also be noted that the commercial is only the one
reason why this choice is chosen. It will be benefitting the large crowd who visit different places
on a very regular basis in order to get an access to the place. Other from the environmental
impact it should be understood that it will serve as an development of inter—cultural
communication. (Benjamin et al. 2018) Therefore it is important to maintain a higher
development of the area with a lower impact to the environment.

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References
Baker, A.T., 2018. Vehicles for the Discussion of Chemistry in Early 19th Century Sydney.
Igniting The Chemical Ring Of Fire: Historical Evolution Of The Chemical Communities Of The
Pacific Rim, p.17.
Furlan, R., Petruccioli, A., Major, M.D., Zaina, S., Zaina, S., Al Saeed, M. and Saleh, D., 2018.
The urban regeneration of west-bay, business district of Doha (State of Qatar): A transit-oriented
development enhancing livability. Journal of Urban Management.
Benjamin, J., O'Leary, M., Ward, I., Hacker, J., Ulm, S., Veth, P., Holst, M., McDonald, J., Ross,
P.J. and Bailey, G., 2018. Underwater archaeology and submerged landscapes in western
Australia. Antiquity, 92(363).