CBRE. Place Making. Value and the public realm
Place making happens when buildings are transformed into vibrant urban spaces that offer wellbeing, pleasure and ispiration. Its success can be measured by improved lives, greater happiness and, when done sucessfully, and uplift in property values. Placemaking has many aspect, of which changes to the public realm are one of the most fundamental. most cities devote a considerable amount of valuable lanf to the public realm, and many of the world’s most iconic locations are public spaces.