Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2018. / Cataloged from PDF version of thesis. / Includes bibliographical references (pages 70-73). / Taking a qualitative case study approach, this thesis examines the approach in combining a concert hall with other real estate product types in the urban redevelopment context, and demonstrates that successful mixed-use development with concert hall or other cultural facilities could be a viable strategy to add both civic and commercial value for new town development. Concert halls have been used as catalysts for place making and experience creation for wide community, with a new interest in playing a key role in urban regeneration. Combining cultural facilities in mixed-use development is expected to create a win-win situation that can benefit both the cultural institutions and the developers, and both the cities and the citizens. This thesis analyzes the Elbphilharmonie in Hamburg, Germany to examine the real estate rationale for the mix of cultural and commercial uses in civic and commercial value creation, and explores the transferability of the HafenCity model defined based on the Elbphilharmonie case to China. This thesis then studies the concert hall market in China, and summarizes the Hexi New Town model and the Macau model from cases in Nanjing and Macau. A comparison of the three mixed-use cultural project models is made, and the thesis concludes with alternative points of view that worth considering and recommendations for the application of the Hexi New Town model in China. / by Zhiyao Feng. / S.M. in Real Estate Development
| Identifer | oai:union.ndltd.org:MIT/oai:dspace.mit.edu:1721.1/120655 |
| Date | January 2018 |
| Creators | Feng, Zhiyao, S.M. Massachusetts Institute of Technology |
| Contributors | Kairos Shen., Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development., Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development. |
| Publisher | Massachusetts Institute of Technology |
| Source Sets | M.I.T. Theses and Dissertation |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | 77 pages, application/pdf |
| Rights | MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission., http://dspace.mit.edu/handle/1721.1/7582 |
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