Parties to interact to create a successful economically sustainable community

Keyes, Damien, and Monypenny, Richard (2001) Parties to interact to create a successful economically sustainable community. In: Proceedings of the 5th National Conference for Sustainable Economic Growth for Regional Australia. From: Regions Driving Decision Making: Raising Regional Profiles, 10-12 September 2001, Townsville, QLD, Australia.

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Abstract

Initially the aim of this paper was to provide a model for setting up an economically sustainable community and compare such a model to current models for establishing housing developments and contrast their relative costs. However after initial research it became obvious that the outcome of this aim would be of little use to anyone wanting to provide this form of housing development as it is not the costs of providing such a development that needs to be the focus of discussion. What really needs addressing is what parties should be involved and at what stages should these parties interact to create a successful economically sustainable community. With economically sustainable communities offering regional cities such as Townsville many advantages in terms of energy efficiency and delivering many cost savings in the regular maintaining of the overall development, local authorities need to address the current design processes involved with residential housing developments. By using a system-wide approach to the designing of such innovative housing developments the adoption rate can be greatly increased among the local community and therefore any initial increase in costs to produce economically sustainable communities will be reduced through manufacturing economies of scale. This paper looks at what paradigms currently exist in relation to suburban living in the Townsville region and how a successful shift in traditional thinking in relation to residential housing could lead to the successful implementation of economically sustainable communities in the Townsville region. This paper is one of seven papers submitted by Townsville Enterprise Ltd (TEL) and the School of Business, James Cook University, Townsville. The School of Business, James Cook University, Townsville is running a subject called EC3410:04 Natural Capital, Sustainability and Increasing Local Energy Efficiency (Natural Capital for short). The subject was developed for, and in consultation with, Townsville Enterprise Ltd (TEL) to support their ' efforts as Managing Contactor for the North Queensland Component of the Greenhouse Challenge.

Item ID: 14618
Item Type: Conference Item (Research - E1)
ISBN: 978-0-9578212-2-4
Keywords: sustainable community
Date Deposited: 20 Sep 2017 23:35
FoR Codes: 14 ECONOMICS > 1402 Applied Economics > 140218 Urban and Regional Economics @ 100%
SEO Codes: 91 ECONOMIC FRAMEWORK > 9199 Other Economic Framework > 919999 Economic Framework not elsewhere classified @ 100%
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