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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 ...
In 2007, it was the fifth largest privately owned home building company in the United States (per number of units sold) according to Builder Magazine's 2007 Builder 100 report. The company initially built only in the Chicago area, but expanded to Colorado and Florida in the early 1970s.
Robert Taylor Homes was a public housing project in the Bronzeville neighborhood on the South Side of Chicago, Illinois from 1962 to 2007. The largest housing project in the United States, it consisted of 28 virtually identical high-rises, set out in a linear plan for two miles (3 km), with the high-rises regularly configured in a horseshoe shape of three in each block.
Advertisement for mobile homes on the Florida Keys, June 1973. 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.
The area was sparsely populated until farmers purchased land in the area in the 1940s. In 1954, Sam and Jack Hoffman, owners of a father-son owned construction company, bought 160 acres of land in the area. [5] The pair constructed homes and began the development of the region which now bears their name.
Altgeld Gardens Homes is a Chicago Housing Authority (CHA) public housing project on the far south side of Chicago, Illinois, United States, on the border of Chicago and Riverdale, Illinois. The residents are 97% African-American according to the 2000 United States Census . [ 1 ]
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Metricon was founded by Mario Biasin and George Kline in Caulfield, Melbourne in 1976 to build homes, develop land, sell house and land packages and construct commercial buildings. [4] In September 2024, Sumitomo Forestry Group announced it would acquire a 51 per cent stake in Metricon for A$115 million. [5]
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