IDEAS home Printed from https://ideas.repec.org/p/wop/pennzl/428.html
   My bibliography  Save this paper

The Woods at Bath: Pioneers of Real Estate Development

Author

Listed:
  • Harvey Rabinowitz

Abstract

The eighteenth-century housing projects of John Wood and his son, John Wood the Younger, in Bath, England, are significant contributions to modern real estate develop-ment. The projects are an ensemble consisting of Queens Square, King’s Circus, and the Royal Crescent (30 three-story houses with service basements and attic servants’ quarters, arranged in a flat arc more than 500 feet across) and the connecting streets. The Woods, who were both architects and developers, found debt and equity financing for the proj-ects, and also leased and managed the properties. In integrating these diverse functions and creating projects of lasting significance, Wood and his son were among the first profes-sional real estate developers. Their architectural strategy was to control the public façade of the buildings, while allowing the houses themselves to vary considerably in the rear. They also pioneered the use of the Palladian style in housing terraces. While Bath was a spa town, this approach was emulated in commercial housing in more than twenty British cities, including London, Edinburgh, Brighton, Cheltenham, and Ramsgate.

Suggested Citation

  • Harvey Rabinowitz, "undated". "The Woods at Bath: Pioneers of Real Estate Development," Zell/Lurie Center Working Papers 428, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania.
    • Handle: RePEc:wop:pennzl:428
    as

    Download full text from publisher

    File URL: http://realestate.wharton.upenn.edu/papers/full/428.pdf
    Download Restriction: Access to the full text of the articles in this series is restricted
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wop:pennzl:428. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Thomas Krichel (email available below). General contact details of provider: https://edirc.repec.org/data/szupaus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.