THE QUANTIFIED LONG-TERM BENEFITS OF GREENING IN PRIVATE REAL ESTATE

Urban greening has gained significant importance recently, leading to the development of systems that immediately increase floor area ratios based on greening scale to encourage voluntary efforts by private real estate developers. However, the long-term benefits of greening remain largely empirical. This study proposes a mathematical model to analyze the optimal greening rate for maximizing profits in real estate development, providing systematic insights. Additionally, through a case study of Tokyo’s comprehensive design system, the model’s effectiveness is validated, elucidating the long-term benefit characteristics of greening.