property development

Land into buildings

Property development is the business of buying land or buildings, improving them, and selling or leasing them for profit.

A developer might construct new buildings on vacant land, renovate existing structures, or convert properties to new uses.

The term covers residential, commercial, and industrial projects: She made her fortune in property development.

In British English, the full phrase is common; Americans often say real estate development.

Related

due diligence · office buildings · anchor tenant · building permits · civil engineers · zoning laws · architectural design · shopping malls · urban planners · pro forma · cost estimation · entitlements · risk management · industrial parks · warehouses · investors · single-family homes · real estate financing

Categories
Opposites
land use transformation

property developmentland conservation

Protecting terrain from exploitation

historic preservation · abandonment · urban decay · land banking · dereliction

economic activity type

property developmentlandlording

Managing rental property

rent collection · property management · tenant farming · leasing · land speculation

environmental impact

property developmentland conservation

Protecting terrain from exploitation

habitat restoration · rewilding · environmental preservation · wilderness preservation · nature conservation

Family

property, development, properties, proper, properly, improper, improperly, propriety, proprietary

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G