The Role Commercial Buildings Play To The Growth And Development Of A City
Commercial developments are business oriented establishments created so as to foster economic growth of a city or nation. Economic improvement has led to the growth of cities. An increase in human population has also led to expansion of already established cities. The reason behind this is because cities act as places of higher opportunity. Majority of the people who migrate to cities believe that they will be able to improve on their standard of living. Cities which lag behind in development usually find it hard to support an ever growing human population. Currently, commercials developments exist in a variety of scales and are able to serve a number of functions.
Commercial developments help foster trade amongst the population. Also, commercial developments help employ the ever growing human population in cities. Normally, commercial buildings harbor both offices and shops.
Since commercial buildings attract people to trade, they foster social interactions amongst people with diverse backgrounds. As a result of these cultural interactions, social cohesion is fostered.
In addition, commercial developments play a vital role in the growth and expansion of already existing cities. Opportunities offered in these establishments is what attracts people from the countryside to move into a city. The influx in human labor ensures that business and industries alike never run short of employees. For this reason, they are able to maximize on yield and hence economic growth is stimulated. In addition, the people who are employed in these factories are able to open up their personal businesses, a factor that also helps in the growth and expansion of a city.
By creating modern commercial developments, the general landscape of a city changes. As the inhabitants to a city get economically stable, they start putting up new buildings. A majority of these buildings are constructed putting the latest architectural designs in mind. As more of these structures are set up, the general city landscape changes. As a result, commercial buildings play a vital role in ensuring that cites keep up with the latest architectural trends.
Land is generally a scarce commodity all over the world. Increased demand and limited supply causes land prices to escalate. In highly developed cities, acquiring a parcel of land can be a nightmare due to the extravagant costs involved. This can be attributed to the fact that cities are heavily built with commercial developments. A highly developed city is this more valuable than one that is poorly developed.
Thus, commercial developments are vital for the sustenance and growth of any city in the world. For this reason, people should endeavor to ensure that more of these facilities are set up so as to sustain these environments of greater opportunity.
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