Climate , energy and cities
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Chris Pettit , Director of City Futures Research Centre , demonstrates the RAISE toolkit to Ambassador of Việt Nam Thanh Nguyen in UNSW ’ s City Analytics Lab . Photo : CFRC .
Using AI-driven big-data tools to support better city planning
The problem
Modelling new infrastructure and planning scenarios , including evaluating their impact on land values , is integral to making informed urban planning , development and investment decisions .
Valuations are used to collect land tax , inform infrastructure investment ( for example , measuring value capture feasibility ) and home-lending as well as to model insurance risk and property investment returns .
However , the current labour-intensive approach to land and property value assessment is expensive , subjective , slow and often uses outof-date property valuations .
Our solution
More on this story
Data-driven tools facilitate evidence-based solutions to support better city planning . Professor Chris Pettit , the Director of UNSW ’ s City Futures Research Centre ( CFRC ), develops digital planning tools that engage with diverse data sources to improve the functionality , prosperity and liveability of cities .
His longstanding collaboration with FrontierSI fosters innovation and industry engagement , progressing ideas from research and development to commercialisation . The partnership has delivered