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Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.
A residential cluster development, or open space development, is the grouping of residential properties on a development site to use the extra land as open space, recreation or agriculture. It is increasingly becoming popular in subdivision development because it allows the developer to spend much less on land and obtain much the same price per ...
A residential area of Ikuri in Tampere, Finland. In certain residential areas, especially rural, large tracts of land may have no services whatever, such that residents seeking services must use a motor vehicle or other transportation, so the need for transportation has resulted in land development following existing or planned transport infrastructure such as rail and road.
A housing development is "often erected on a tract of land by one builder and controlled by one management." [2] In the United Kingdom, the term is quite broad and can include anything from high-rise government-subsidised housing right through to more upmarket, developer-led suburban tract housing. Such estates are usually designed to minimise ...
Medium-density housing is a term used within urban planning and academic literature to refer to a category of residential development that falls between detached suburban housing and large multi-story buildings. There is no singular definition of medium-density housing as its precise definition tends to vary between jurisdiction.
New home construction, Pittsfield Township, Michigan Units under construction in Brighton, Victoria. Home construction or residential construction is the process of constructing a house, apartment building, or similar residential building [1] generally referred to as a 'home' when giving consideration to the people who might now or someday reside there.
A planned unit development (PUD) is a type of flexible, non-Euclidean zoning device that redefines the land uses allowed within a stated land area. PUDs consist of unitary site plans that promote the creation of open spaces, mixed-use housing and land uses, environmental preservation and sustainability, and development flexibility. [1]
Urban redevelopment in the United States has been controversial because it can displace poor and lower middle class residents, often transferring residents' land and homes to developers for free or a below-market-value price. This is done on the condition that the developer will use that land to construct new commercial and residential ...