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Searching for health and wellbeing: commercial real estate actor encounters with planning in the urban decision-making ‘Black box’

Kwon, H. R. ORCID: https://orcid.org/0000-0003-1780-2328 and Pain, K. ORCID: https://orcid.org/0000-0003-1451-9252 (2023) Searching for health and wellbeing: commercial real estate actor encounters with planning in the urban decision-making ‘Black box’. Built Environment, 49 (2). pp. 229-247. ISSN 0263-7960

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Abstract/Summary

A body of research has highlighted the transformative effects of the financialization and internationalisation of real estate investment for city and regional development. However, little attention has been paid to the human health and wellbeing implications of the practices of the actors who mediate commercial real estate investment flows and their encounters with urban planning. Based on interview evidence from twenty-one senior international real estate industry actors, this paper addresses this gap. Using actor-network theory to assist with deconstructing the interaction between the actors and planning in the urban decision-making ‘black box’, we offer a new way to strengthen theoretical understanding of ‘black boxing’. We find that despite a common perception that the interests of commercial real estate investment and urban planning actors are generally dichotomous, awareness of health and wellbeing has become prevalent amongst major real estate actors as an important component of sustainable investment. We conclude that robust public health evidence is needed to place human health and wellbeing front and centre stage in the urban decision-making black box.

Item Type:Article
Refereed:Yes
Divisions:Henley Business School > Real Estate and Planning
ID Code:112029
Uncontrolled Keywords:Urban decision-making, real estate, planning, sustainable investment, health and wellbeing, black box
Publisher:Alexandrine Press

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