Commercial and Institutional Land Planning and Development Market Global Market Report 2024

The commercial and institutional land planning and development market has grown strongly in recent years. It will grow from $26.53 billion in 2023 to $28.66 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The expansion observed in the historical period can be ascribed to trends in urbanization, population growth and migration, initiatives for economic development, regulatory frameworks and zoning policies, as well as strategies for corporate expansion.

The commercial and institutional land planning and development market is expected to see strong growth in the next few years. It will grow to $39.17 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The anticipated growth in the forecast period is linked to a focus on sustainability and green development, advancements in technology and infrastructure, a trend towards mixed-use developments, proactive planning for climate change resilience, and the promotion of public-private partnerships. Key trends expected during this period encompass the adoption of inclusive design, initiatives for urban regeneration, integration of green spaces, a heightened emphasis on resilient infrastructure, and the promotion of community-centric design through stakeholder engagement.

The projected upswing in construction activities is poised to fuel the expansion of the commercial and institutional land planning and development market in the future. Companies involved in the design, development, and construction of industrial, commercial, and residential buildings are experiencing increased demand due to the escalating construction endeavors worldwide. An October 2021 report from Oxford Economics indicates a substantial growth of 32%, equivalent to US$580 billion, in global construction output in North America from 2020 to 2030, reaching a total of US$2.4 trillion in 2030. This surge in construction activities is expected to be a driving force for the commercial and institutional land planning and development market.

The growth of urbanization is set to be a significant catalyst for the commercial and institutional land planning and development market. Urbanization, the process of rapid growth and expansion of cities often accompanied by population migration from rural to urban areas, necessitates effective land planning to meet the evolving needs of burgeoning populations. Commercial and institutional land planning plays a pivotal role in optimizing space for businesses, services, and civic amenities, contributing to sustainable economic and social development. As of April 2022, data from the World Economic Forum reveals that over 4.3 billion people, constituting 55% of the global population, reside in urban settings, and this figure is anticipated to rise to 80% by 2050. The ongoing trend of urbanization serves as a compelling factor driving the commercial and institutional land planning and development market.

Strategic partnerships have emerged as a prominent trend in the commercial and institutional land planning and development market. Leading companies in this sector are actively pursuing partnerships to secure larger land deals and enhance cost-efficient management of their operations. An illustration of this trend is the collaboration between GTIS Partners, a US-based real estate investment firm, and Collett Industrial, a US-based industrial land development company. In August 2022, they joined forces to establish a joint venture with a combined capitalization of $140 million for the purchase and development of two projects in the Greenville-Spartanburg MSA. The Willimon Business Park, one of these projects, has already secured long-term agreements or letters of intent with tenants for approximately 520,000 square feet of space. The collaborative effort spans two projects located in the same opportunity zone, ultimately delivering nearly 1.2 million square feet of industrial space in the South Carolina Technology & Aviation Center.

Innovative solutions, such as virtual incubator platforms, are being adopted by major companies in the commercial and institutional land planning and development market to optimize collaborative planning and streamline development processes. Virtual incubator platforms serve as digital environments that support entrepreneurship by providing remote resources, mentorship, and networking opportunities for early-stage businesses. As an example, the Dubai Land Department (DLD), a government department based in Dubai, launched the Real Estate Innovation Incubator 2023 initiative in May 2023. This initiative aims to attract global companies specializing in real estate innovation and enhance the capabilities of individuals and local companies in the sector. It aligns with the Dubai Economic Agenda D33 and facilitates the testing and commercialization of new products and technologies in the Emirate.

In April 2021, Ryan Companies US Inc., a prominent US-based real estate management company, successfully completed the acquisition of The Excelsior Group's commercial property management, property engineering (maintenance), and construction management businesses. While the financial details of the transaction remain undisclosed, this strategic move is significant as it broadens Ryan Companies' portfolio by incorporating commercial land development and maintenance businesses. The Excelsior Group (TEG), a respected US-based land development company, is now part of Ryan Companies, contributing its expertise and assets to further strengthen the expanded business portfolio.

Major companies operating in the commercial and institutional land planning and development market market report are Daniel Corporation, Halpern Enterprises Inc., Holder Properties Inc., Jacoby Development Inc., Bolis Properties LLC., Crown Holdings Group, Merlin Land Planning and Development Ltd., Fuehrer Associates Ltd., Founthill Ltd., JIG - Planning & Development Ltd., Pacific Land Group, H2 LAND Ltd., Kitchener Land and Planning Ltd., Merrick & Company, Baseline Group, Hines Interests Limited, Brookfield Properties, CBRE Group Inc., Cushman & Wakefield Inc., Colliers International Group Inc., Gensler & Associates Inc., Perkins&Will, WSP Global Inc., Nikken Sekkei Ltd., CannonDesign, GHD Group Pty. Ltd., Rambøll Group A/S, The Mott MacDonald Group, Arcadis NV, Kiewit Corporation.

Asia-Pacific was the largest region in the commercial and institutional land planning and development market in 2023. The regions covered in the commercial and institutional land planning and development market market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the commercial and institutional land planning and development market market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary categories within commercial and institutional land planning and development include industrial, commercial, and residential segments, each having variations such as chain-owned or standalone entities. Industrial land planning and development encompass any initiatives involving the use of land and structures for manufacturing, processing, bulk storage, or warehousing purposes. Notable applications within this domain span business activities, construction, services, and other related functions.

The commercial and institutional land planning and development market research report provides commercial and institutional land planning and development market statistics, including commercial and institutional land planning and development industry global market size, regional shares, competitors with a commercial and institutional land planning and development market share, detailed commercial and institutional land planning and development market segments, market trends and opportunities, and any further data you may need to thrive in the commercial and institutional land planning and development industry. This commercial and institutional land planning and development market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The commercial land planning and development market includes revenues earned by entities by providing spatial planning, territorial (or regional) planning, and ecosystem-based or environmental land planning services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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