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Precincts: A blueprint for creating places with purpose

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The shape of the built environment plays an outsized role in the sustainable growth of our cities, and everyone has a vested interest. After all, our economic and social development is tied to having functional places to work, live and play, and the resulting ecosystems become larger than the sum of their parts.  

Precincts can be studied from a range of perspectives, and no two spaces are the same. While built form, planning controls, legislation and policy are seen as tangible challenges and much focus is placed on overcoming these, the success of a precinct, and the outcomes it can deliver to all users and occupiers of the space, can depend on its type and the intangible challenges that can arise in how precincts are formed and then mature, including how they function and retain currency to endure.

In reflecting on the outcomes a precinct should deliver, we have taken Cushman & Wakefield’s Inclusive Cities Barometer as a starting point. This assesses cities using performance-based criteria to describe social impact based on inclusiveness. Here, the performance of precincts can be gauged through the same public benefit lens, contributing to either economic, social, spatial or environmental outcomes.  

But how well do we really understand the complex and intangible forces that shape the development of precincts and the attributes that determine their success? In this report, we examine the settings and features that ensure precincts can deliver on their intended vision and maximise their contribution to the greater good.

Featured Case Studies

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KING CROSS CENTRAL, LONDON

Ahead of the 2012 London Olympics, the government partnered with master developer Argent to redevelop 27ha of disused railway land into Kings Cross Central. Collaboration between landowners, government, and developers transformed a derelict brownfield area into a connected, vibrant district and modern, future proof transport hub while preserving original features. The project included open spaces, public squares, offices, diverse housing, and educational facilities, making it central London’s largest single owned mixed-use development in 150 years.

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THORNTON PENRITH

Landcom led the development of Penrith’s 41ha master-planned community alongside local council and multiple partners. Transformed from a greenfield site, it offers 2,000 homes—small lots,compact houses, apartments, affordable and disability-friendly options—and retail and commercial space. The site’s natural and heritage features are showcased through parklands and woodland, facility restoration, sustainable water features and community amenity

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Contacts

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Christina Hobbes

Partner
Sydney, Australia


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Ross Hamilton

Managing Partner
Melbourne, Australia


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Guillaume-Babille
Guillaume Babille

Director, Strategic Real Estate Advisory - ANZ
Sydney, Australia


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Dominic Brown

Head of International Research, Global Think Tank
Brisbane, Australia


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