An article published by RICS this year predicts that by 2050 two thirds of the global population will be living in cities. But in the context of population growth, climate change, and evolving lifestyle demands, the very concept of what a city is and how it functions is being reimagined. Developers and investors now have the challenge of creating innovative, integrated, and sustainable solutions that address these challenges head-on.

Vertical cities: are skyscraper communities viable?

One solution to growing city populations is the concept of a “vertical city”—a single skyscraper or complex that houses residential, commercial, and recreational spaces. They aim for self-sufficiency by integrating all the necessities of daily life, from supermarkets and offices to parks and healthcare facilities, in places with limited land. However, the viability of these structures depends on a host of factors, including advanced structural engineering, efficient transportation systems within the building, and a focus on community well-being to combat the potential for social isolation. While they present significant construction and planning challenges, they offer a powerful solution for saturated cities looking to grow upwards instead of outwards.

Reclaiming industrial zones for residential use

Another solution to future urban challenges may be the reuse of abandoned or underutilised industrial zones, also known as “brownfield sites.” This could transform derelict areas into vibrant new residential, commercial, and mixed-use communities to revitalise entire neighbourhoods and reduce the pressure on greenfield sites. It is possible with careful planning, including environmental remediation to deal with contamination and a strategic approach to integrating new infrastructure. Successful reclamation projects, like those seen in old docklands or factory districts across the world, demonstrate that these revitalised zones can become sought-after destinations in some cities if managed well.

Smart transport integration in future cities

The future of urban landscapes is inextricably linked to the future of transportation. The World Economic Forum’s top six cities in its Urban Mobility Readiness Index are those that embrace innovation and invest in infrastructure. It identifies AI, green energy, self-driving vehicles, and air taxis as the future of urban mobility. “Smart cities,” in essence, need integrated, intelligent transport systems that prioritise efficiency, sustainability, and connectivity. AI can optimise public transit routes in real-time, while e-scooters can contribute to the goal of reducing traffic congestion and carbon emissions. Real Estate developers should be looking at the proximity to smart transport hubs and the integration of robust solutions for both residential and commercial properties of the future.

Work towards future urban landscapes in confidence with SWIFT Group as your partner.