Land Use, Market and Feasibility Analysis and Cash Flow
Land Use, Market and Feasibility Analysis and Cash Flow
Land Use, Market and Feasibility Analysis and Cash Flow
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Situs Theory<br />
Broadly defined, Situs is the total urban<br />
environment in which a specific urban l<strong>and</strong> use<br />
on a specific l<strong>and</strong> parcel functions <strong>and</strong><br />
interacts at a specific time.<br />
• The total urban environment means the whole<br />
of urban activities <strong>and</strong> relationships that can<br />
impact specific functions. It involves factors<br />
external to the site, externalities, that influence<br />
the economic performance of a parcel <strong>and</strong> its<br />
use.