Final answer:
Considerations for Landco's student apartment project near GMU include community needs assessment, land use and zoning regulations, economic factors, sociopolitical dynamics, and students' preferences.
Step-by-step explanation:
Landco, a real estate developer planning to build an apartment building for undergraduate students near GMU, must consider a variety of factors that could influence the success of the project.
These include an analysis of community needs, understanding the balance between exchange value and use value of the land, navigating land use and zoning regulations, addressing the needs for additional amenities such as parking, and aligning with the dynamics of local political and economic factors, such as advocating for 'smart growth' to avoid sprawl and working with municipalities on development projects.
Sociological factors, such as those identified by Feagin and Parker (1990), also play a crucial role, emphasizing the power dynamics between different groups and individuals in the area. Moreover, the preferences and needs of the potential residents, in this case, students, must also be factored into the development plans, in terms of affordability, accessibility, and proximity to campus amenities.