Developers, governments and investors are starting to broaden their definition of what constitutes value in urban development, moving from short-term project profitability to a holistic view over time, says a new report from Skanska.
Skanska’s Shaping Sustainable Places report highlights the need for cities, developers and investors across Europe and the US to collaborate so that urban development...
**Steelman:** The report presents a compelling case for rethinking urban development through long-term, collaborative frameworks. It rightly identifies the misalignment between short-term project cycles and the generational lifespan of cities, offering practical strategies like adaptive design and early stakeholder alignment. The financial incentives for private-sector buy-in—such as climate risk pricing—are well-supported, and the emphasis on community engagement as a risk-management tool, not ...