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Resources 2017, 6(4), 55; doi:10.3390/resources6040055

Ranking of Sustainability Indicators for Assessment of the New Housing Development Projects: Case of the Baltic States

1
Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius, Lithuania
2
Department of Civil Engineering and Architecture, School of Engineering, Tallinn University of Technology, Ehitajate tee 5, 19086 Tallinn, Estonia
3
Department of Civil Construction and Real Estate Management, Riga Technical University, 6 Kalnciema Str., Riga LV-1048, Latvia
4
Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius, Lithuania
*
Author to whom correspondence should be addressed.
Received: 24 August 2017 / Revised: 27 September 2017 / Accepted: 2 October 2017 / Published: 13 October 2017
(This article belongs to the Special Issue Sustainability Indicators for Environment Management)
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Abstract

Sustainable development is inconceivable without healthy real estate market. A housing project can be regarded as sustainable only when all the dimensions of sustainability (environmental, economic, and social) are dealt with. There has been an increased interest in using sustainability indicators for evaluating the impacts of the new development projects. Although international literature is rich in sustainability assessments, there are no tools developed for assessment of new residential projects in the specific context of the Baltic States. Therefore, the aim of this article is to fill this gap and to propose an integrated, hierarchically structured system of sustainability indicators to be used for assessment of the new housing development projects. This aim is achieved through accomplishing three objectives. First, based on a review of literature related to assessing building project performance and sustainable development in construction, the paper proposes an original hierarchically structured system of sustainability indicators suitable for the Baltic context. Second, based on a survey of experts, significances of criteria are estimated by the Analytic Hierarchy Process (AHP) method. Finally, paper proposes recommendations to government authorities and real estate developers as to how to enhance the performance of new residential projects according to the principles of sustainability. View Full-Text
Keywords: sustainability indicators; housing development; new projects; AHP; ranking sustainability indicators; housing development; new projects; AHP; ranking
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MDPI and ACS Style

Tupenaite, L.; Lill, I.; Geipele, I.; Naimaviciene, J. Ranking of Sustainability Indicators for Assessment of the New Housing Development Projects: Case of the Baltic States. Resources 2017, 6, 55.

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