Whole Estate Development Planning
Financial > ASSET > Community & Environment
Whole Estate Development Planning is a holistic approach to land management, developed as a framework to help arbitrate between land uses. An estate should satisfy three core principles:
1. Be financially sustainable to own and operate
2. It’s strategy is in line with community aspirations
3. Generate a positive environmental impact
It is key to understand:
Asset type and condition
Cost, risk and return from current activities
Opportunity to diversify
A Geographic Information System (GIS) provides the platform to visualise this information. Collectively, this information then highlights the opportunities compared to present day operations.
Balanced and Sustainable Portfolio
It would be an uninteresting landscape if an area only had one purpose. Land has numerous uses and, in many cases, these can operate side by side. In realising the potential in this way, the earnings from the land can increase and bring increased benefits.
Catalyst for Economic Development
All business relies on using some land, the Whole Estate Development Plan aims to seek out the untapped opportunities and identify how they can be used for maximum benefit. Benefit is not just measured financially, it also takes into account environmental and social factors.
Better Support for the Environment
Estate assets support a range of ecosystems – parkland, lowland, upland, moorland and woodland. Each ecosystem is comprised of natural capital (air, water, minerals and soils), which in turn supports a variety of habitats.
Benefits of our natural capital include:
Primary food production
Energy – conventional and renewable sources
Air and water purification