Architecture as a profession is all about designing, creating, constructing. Any built structure has a small or prominent impact on the economic development of any country. Architecture also can create a balance in the different Economic sectors with the help of the various professions. In Architecture, how we design, build structures has an impact on a country’s economy. Architecture is a symbol of status and landmark to most of the people is a place to reside.
Architecture can be a method by which balance among the economic sections of society is created. The architecture includes people of different professions together. Architecture acts as a connection to many sectors of society.
Architecture and the economic sections of a society
Architecture acts as an economic weapon in a society. Architecture can affect different Economic sectors (real estate, commercial, residential, primary agriculture, fishing sectors, employment, etc.). Some examples of how architecture improves the economy and balances economic sectors can be: A hotel/restaurant with a good location with impressive architecture becomes a crowd-pulling zone, in contrast to a hotel/restaurant with a bad location with moderate architecture that attracts fewer people, reduces the economy, reduces job opportunities.
In similar cases, the knowledge about sustainability and green surroundings can spread across the city through architecture that can connect, spread awareness, and create balance among different economic sectors (landscape, ecology, etc.). On an urban scale, how can the economic value of a place be increased?
A park that is not maintained and used rarely, if redesigned to create a more lively atmosphere that can lead to economic sectors growing around these developed spaces. The quality of living and the economic value of a place can improve eventually. At an urban level, riverfront development projects increase the economy and balance among different economic sectors (therefore, increase in economy). The economic value of the place experience changes.
The Sabarmati Riverfront development has experienced development. The riverfront initially lacked maintenance and was in a poor state. After the design intervention was done by the architects, urban designers, etc., the place became a lively interaction zone that eventually increased economic value (A balanced economic development in different economic sectors such as retail, hotels, shops, and commercial sectors).
Architectural development is due to effort by many professions and people through a multi-disciplinary approach, which is similar to economic growth together. Architecture can create equal economic growth in different sectors. Architecture in these present days influences the environmental sector of society.
Architecture and Tourism
Architecture and tourism integration is a source of revenue leading to economic development. It leads to rapid and balanced growth in different economic sectors of society. Environmental capital is one of the many parts of economic development in sectors of society. Architecture in present times is involved in promoting tourism, eco-tourism. Integration of architecture and tourism impacts the environment and improves the economic value of sectors (promotes job opportunities – a balanced growth in different economic sectors).
In turn, the economic value of the place increases. Increased tourism leads to the growth of many shops, hotels, and restaurants and increases the economic value of a city.
Architecture – A landmark/status
The structures we build include various forms, shapes, designs, concepts. Some of these buildings designed by architects become a landmark to that particular city. Architecture becomes a landmark that has an impact on a city’s economic sector. The architecture adds value to any place (factors such as location, land price, etc., are affected). Architecture involves the integration of professions together and can also help in improving the economic quality of a city.
Architecture and its relation to the economy of a city can help to create a balance in different economic sections of the society. In the future, we should strive more in creating a balance in Economic Sections in Society. Architecture integrated with many other professions can help increase the economy of a place. The economy is an important part of a society; we must improve the economy of our city.
A balance in the economic sections of a society occurs when all the economic sectors (Agriculture, Fishing, Industries, Commercial, Retail) have a considerable impact on the economy. The improvement of the economic sections of society improves the economy, quality of the city, quality of living of people. The future of society seems more like an improved, economically strong, technology-driven, and sustainable.