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Academic Journal of Business & Management, 2024, 6(7); doi: 10.25236/AJBM.2024.060728.

Research on Integrated Models of Site Selection and Heritage Preservation Based on Multidimensional Evaluation

Author(s)

Yiheng Xu1, Jiankun Liang2, Leyi Wang3

Corresponding Author:
Yiheng Xu
Affiliation(s)

1School of Finance, Nankai University, Tianjin, 300350, China

2College of Economics and Management, China Agricultural University, Beijing, 100083, China

3School of Agricultural Economics and Rural Development, Renmin University of China, Beijing, 100872, China

Abstract

With the acceleration of urbanization, global property developers need to balance the economic benefits and social value of projects when choosing construction sites, and focus on finding a balance between urban development and cultural heritage protection. In response to this, this study constructed a Sites Selection Model and selected 8 indicators that had a significant impact on the judgment of this issue. Taking Paris as an example, this study used ArcGIS to form the single-factor heat maps and synthesized them to determine the best construction site after relevant analysis. Meanwhile, to help community leaders better preserve historic landmarks, this paper established a preservation model. Based on the decision tree model, compare the net profit before and after relocation from the perspectives of the value that a landmark can bring and the required costs, to determine whether to relocate the landmark. Lastly, this study was based on this to construct a plan for the Candi Pawon. The study concludes that relocating the landmark is not a cost-effective choice proven by the comparison between pre-relocation net value and post-relocation net value.

Keywords

Sites Selection Model, ArcGIS, Decision Tree Model, Landmark Protection

Cite This Paper

Yiheng Xu, Jiankun Liang, Leyi Wang. Research on Integrated Models of Site Selection and Heritage Preservation Based on Multidimensional Evaluation. Academic Journal of Business & Management (2024) Vol. 6, Issue 7: 205-210. https://doi.org/10.25236/AJBM.2024.060728.

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