This paper aims to establish a methodology for urban land use planning and management that provides an insight into the hierarchy of priorities between a large number of activities for planning actions, thus contributing to the concept of energy-efficient housing. This methodology includes three aspects of sustainable development: Economic, ecologic, and social, which serve as an overall criterion within which urban planners could make assessments of planned activities. The assessments are the core of the methodology—every aspect is assessed by concerning its costs, consequences on the urban environment, and the effects on the citizens’ quality of life. Ten experts were involved to prove the methodology’s effectiveness. As a result, a hierarchy between the activities is created, which would help an urban planner prioritize and order further activities. The applicability of the hierarchy was tested through a simulation of a reconstruction process of a collective housing area in New Belgrade, Serbia, from the view-point of land use and accessibility. This methodology contributes to the creation of the prioritized groups of activities, and a finalized hierarchy of the activities, while its application is seen in the process of making urban plans, and defining recommendations for its implementation.