Using ecodevelopment models to simulate the life cycles of the reproduction of accelerated development of industrial real estate at industrial parks

Main Article Content

Valentin Valentinovich Volgin
Sergey Aleksandrovich Baronin

Abstract

The authors address development problems of large industrial real estate facilities and their accelerated reproduction in the national market of industrial parks as the priority area of industrial construction. For this purpose, ma­nagement models of life cycles focused on reducing construction time are considered as a strategic organiza­tional and economic mechanism for the accelerated reproduction of industrial real estate facilities. The application of the concept of industrial eco-development, sustainable growth, green construction priorities, a system of tax incentives for budgets at all levels, elements of public-private partnerships and special-focus management companies responsible for the entire life cycle of these production and economic systems are considered as the key elements for reducing the life cycles of investment projects.


The relevance of this research area is determined by the significant demand for studies in the area of improving the established theoretical and practical approaches to the organization of industrial construction towards acce­lerating the socio-economic development of territories by means of the accelerated reproduction of large industrial real estate facilities. The innovative sector of industrial parks should boost the development of various types of industrial facilities. This process predetermines the importance of efficiently simulated life cycles of industrial parks and the accelerated reproduction of real estate as the government tool to tackle the crisis and rise the number of competitive goods. The establishment and development of the national market of industrial parks requires the development of industrial construction methods based on advanced ideas in the field of modeling the life cycles of capital construction projects, sustainable growth, ecological industrial development in relation to modern indus­trial construction facilities such as industrial parks.


The research objective is to develop methodological approaches and practical recommendations on simulating the life cycles of industrial parks to ensure the accelerated reproduction of the real estate based on the models of industrial eco-development and sustainable growth.


The subject of research is the development of the national market of industrial parks as a special innovative market segment of industrial construction focused on the accelerated reproduction of industrial real estate in the context of the need to reduce the implementation term of these investment projects.


The article demonstrates the following research results: development trends of the national market of industrial parks; organizational and economic mechanisms underlying the establishment and growth of the market of industrial parks in Russia and worldwide; structurization and analysis of organized impacts related to the state priorities in respect of the nation-wide establishment and development of industrial parks; the track record of application of the concept of sustainable growth and eco-development to industrial construction and the practice of building industrial parks; simulating the life cycle of industrial real estate in the context of its accelerated reproduction using the tools of industrial eco-development and sustainable growth; formalizing the multicomponent sustainability indicators of life cycles of industrial parks and their eco-development; the economic and mathematical interpretation of projected sustainability values for the life cycles of industrial eco-development as the economic reliability of reproduction processes in industrial construction exemplified by Severny Almaz industrial park at the early sta­ges of its planning.

Article Details

How to Cite
Volgin, V. V., & Baronin, S. A. (2022). Using ecodevelopment models to simulate the life cycles of the reproduction of accelerated development of industrial real estate at industrial parks. Real Estate: Economics, Management, (1), 23–31. https://doi.org/10.22337/2073-8412-2022-1-23-31
Section
Property economics and management

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