It is a common question that is asked by many: how real estate developers think? This is not only a question about how they are able to produce better real estate developments, but a question about how their thinking impacts their work. There are many different ways real estate developers think.

Development is never going to stop. Cities are never going to change: roads, infrastructure, buildings, and even public spaces are being constantly constructed, upgraded, were torn down, and built. However, even in the face of an existing project, many neighborhoods find themselves at odds with the development professional who proposes it, because they feel the project will benefit them more than it does the surrounding community. For instance, a neighborhood that is being developed may be trying to avoid the gentrification that many cities have experienced recently. The developer, however, is trying to provide an amenity for the area and its population. How could these two visions possibly mesh?

Real estate developers are very good at what they do. They can look at a site and determine whether or not it will be a profitably constructed and maintained structure. They can look at an existing community and see whether or not it is in need of any improvement. In this way, they are able to gauge whether or not they are providing value to a community that will benefit from the development.

A real estate developer also has to take into account the neighborhood in which they are considering developing. If it is already too “bloated” with traffic, then they are probably looking at an area where traffic will not be a major issue. If a neighborhood has a low crime rate, then the developer may not want to develop in that neighborhood in hopes of creating an extra source of revenue. They will likely choose a neighborhood that has lower crime rates and a large population to work with.

Some real estate developers have a “do as I say, not as I do” attitude. If a neighborhood is concerned about the impact the development will have on its residents, they may actually discourage the development. If the neighborhood is supportive of the project, then they may try to accommodate the desires of the development professional to avoid any conflict over the plan. If a neighborhood decides not to accommodate the project, then the developer may move on to a different one.

While there is little doubt that real estate developers do their best to think critically about the project, sometimes this thinking is not reflected in their projects. After all, no two communities are the same. Even in the same city, there may be a wide range in population and economic status. This means that every area will require a different mix of features for a project, so that a developer is going to have to be prepared to think creatively about a project.