Helping Cities Unlock the Value of Underutilized Land
With a mandate covering more than 100 major cities* around the world, the World Development Organization is a new international organization devoted to helping cities unlock the value of underutilized land.
*Source: McKinsey Global Institute Cityscope 2.0
A New Approach to City-Building
We promote a smart, modern and innovative approach to City-Building designed to boost profits from real estate sales by giving the City a portion of the returns from development.
Unleashing Value
The model is focused on maximizing the value of vacant, surplus or underutilized real estate owned by the City.
Highest and Best Use
It seeks to unlock value in a responsible, innovative and integrated manner with the goal of pursuing highest and best use as a means to achieving a site’s optimal return.
A Catalyst for Urban Renewal
This is done within the framework of delivering not only an immediate financial dividend to the City but also achieving City-Building returns, which over time: enlarge the tax base, enhance employment opportunities and act as a catalyst to develop high quality, environmentally sustainable developments.
Creating Value-Enhanced, Revenue-Generating Communities.
The result, long underutilized properties across the City will be transformed and ‘value-enhanced’ into first class, mixed-use and new revenue-generating communities.