Early in 2020, ADAM Architecture and Farrer & Co launched a housing market report: "Placemaking: a patient approach to creating communities". Authored by Future Places Studio, the report explored modern, successful community developments and the lessons they can teach us as we seek to create more vibrant and resilient communities.
Four years on, we have teamed up with ADAM Architecture again to revisit the question of placemaking, reflecting on the impact of Covid-19, evolving environmental, social and governance standards and the challenges of the UK’s planning system. As the UK seeks to build 300,000 new homes a year, we believe that the ideas in this report could help address the housing crisis more imaginatively and sustainably.
The patient development model is underpinned by a set of fundamental placemaking principles that benefit landowners, developers, housing providers and communities right from the start. However, the current planning system favours an approach of short-term gains over long-term outcomes and returns. This report offers imaginative yet practical ways in which the UK could support and incentivise developments of a patient kind.
This publication is a general summary of the law. It should not replace legal advice tailored to your specific circumstances.
© Farrer & Co LLP, January 2024