New Century Development
New Century Development (NCD) is the Center’s initiative to undertake research activities and communication forums aimed at understanding and improving the physical real estate development process in the 21st century. This initiative is meant to be interdisciplinary and international in scope, providing avenues to link across various departments at MIT, and between MIT and the community of professional practice engaged in building the developments of the future.
Toward a Practical Science of Project Development
The NCD research initiatives has joined together with the MIT Engineering Systems Division, the MIT Design Laboratory, and the National University of Singapore Department of Real Estate to focus on the practical science of project development. A symposium is planned for October 2007.
New Century Cities (NCC) is a joint research project among the Center for Real Estate, City Design and Development in Urban Studies and Planning, and the Smart Cities Group/Media Lab which focuses on a new generation of development projects.
These very large-scale projects are deliberately located at the intersection of technology, urban design, and real estate development. They can be found in New York City, Cambridge, Massachusetts, Belfast, Helsinki, Copenhagen, Seoul, and Singapore. In addition, projects are on the drawing boards in places such as Florianopolis, Brazil, and Zaragoza, Spain. These projects vary in size and in how their development is organized and led.
NCC projects are some of the largest developments undertaken since the "New Cities" projects of post-World War II Europe. As mixed use projects, they are home to technology enterprises, including enterprises that leverage information technology, and to creative workers who both live and work in the development zones.