Preprint Article Version 1 This version not peer reviewed

Ranking of Sustainability Indicators for Assessment of the New Housing Development Projects: Case of the Baltic States

Version 1 : Received: 24 August 2017 / Approved: 24 August 2017 / Online: 24 August 2017 (18:10:45 CEST)

How to cite: Tupenaite, L.; Lill , I..; Geipele, I..; Naimaviciene , J.. Ranking of Sustainability Indicators for Assessment of the New Housing Development Projects: Case of the Baltic States. Preprints 2017, 2017080082 (doi: 10.20944/preprints201708.0082.v1). Tupenaite, L.; Lill , I..; Geipele, I..; Naimaviciene , J.. Ranking of Sustainability Indicators for Assessment of the New Housing Development Projects: Case of the Baltic States. Preprints 2017, 2017080082 (doi: 10.20944/preprints201708.0082.v1).

Abstract

Sustainable development is inconceivable without healthy real estate market. A housing project can be regarded as sustainable only when all the dimensions of sustainability (environmental, economic, and social) are dealt with. There has been an increased interest in using sustainability indicators for evaluating the impacts of the new development projects. Past and recent experiences have shown that sustainability indicators can be useful tools for measuring the outcomes of new construction, when used appropriately and adequately. The aim of this article is to propose an integrated, hierarchically structured system of sustainability indicators to be used for assessment of the new housing development projects in the Baltic States. This aim is achieved through accomplishing three objectives. First, based on a review of literature related to assessing building project performance and sustainable development in construction, the paper proposes a hierarchically structured system of sustainability indicators. Second, based on a survey of experts from the Baltic States, significances of criteria are estimated by the Analytic Hierarchy Process (AHP) method. Finally, paper proposes recommendations to government authorities and real estate developers as to how to enhance the performance of new residential projects according to the principles of sustainability.

Subject Areas

sustainability indicators; housing development; new projects; AHP; ranking

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