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Redevelopment
Redevelopment is any new construction on a site that has pre-existing uses. It represents a process of land development uses to revitalize the physical, economic and social fabric of urban space. Description Variations on redevelopment include: * Urban infill on vacant parcels that have no existing activity but were previously developed, especially on brownfield land, such as the redevelopment of an industrial site into a mixed-use development. * Constructing with a denser land usage, such as the redevelopment of a block of townhouses into a large apartment building. * Adaptive reuse, where older structures are converted for improved current market use, such as an industrial mill into housing lofts. Redevelopment projects can be small or large ranging from a single building to entire new neighborhoods or "new town in town" projects. Redevelopment also refers to state and federal statutes which give cities and counties the authority to establish redevelopment agencies and g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Tax Increment Financing
Tax increment financing (TIF) is a public financing method that is used as a subsidy for redevelopment, infrastructure, and other community-improvement projects in many countries, including the United States. The original intent of a TIF program is to stimulate private investment in a blighted area that has been designated to be in need of economic revitalization. Similar or related value capture strategies are used around the world. Through the use of TIF, municipalities typically divert future property tax revenue increases from a defined area or district toward an economic development project or public improvement project in the community. TIF subsidies are not appropriated directly from a city's budget, but the city incurs loss through forgone tax revenue. The first TIF was used in California in 1952. By 2004, all U.S. states excepting Arizona had authorized the use of TIF. The first TIF in Canada was used in 2007. Use Tax increment financing subsidies, which are used for bo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Atlantic Station, Atlanta
Atlantic Station is a neighborhood on the northwestern edge of Midtown Atlanta, Georgia, United States comprising a retail district, office space, condominiums, townhomes and apartment buildings. First planned in the mid-1990s and officially opened in 2005, the neighborhood is located on the former brownfield site of the Atlantic Steel mill. History Atlantic Station is located on the site of the Atlantic Steel mill, which opened in 1901. The steel mill was nearly closed in the mid-1970s, but it remained nominally operational primarily to avoid the huge costs it would have required to remediate the soil contamination present after years of operation. Developer Jim Jacoby, who also redeveloped Florida's Marineland, began putting the project together in 1997 when his company became the property contractor of the land. The redevelopment of the land into what is now Atlantic Station was financed largely by private investment, but was heavily supplemented by a special tax dis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Urban Regeneration
Urban renewal (sometimes called urban regeneration in the United Kingdom and urban redevelopment in the United States) is a program of land redevelopment often used to address real or perceived urban decay. Urban renewal involves the clearing out of areas deemed blighted, often in inner cities, in favour of new housing, businesses, and other developments. 19th Century The concept of urban renewal as a method for social reform emerged in England as a reaction to the increasingly cramped and unsanitary conditions of the urban poor in the rapidly industrializing cities of the 19th century. The agenda that emerged was a progressive doctrine that assumed better housing conditions would reform its residents morally and economically. Modern attempts at renewal began in the late 19th century in developed nations. However, urban reform imposed by the state for reasons of aesthetics and efficiency had already begun in 1853, with Haussmann's renovation of Paris ordered by Napoleon III. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Urban Renewal
Urban renewal (sometimes called urban regeneration in the United Kingdom and urban redevelopment in the United States) is a program of land redevelopment often used to address real or perceived urban decay. Urban renewal involves the clearing out of areas deemed blighted, often in inner cities, in favour of new housing, businesses, and other developments. 19th Century The concept of urban renewal as a method for social reform emerged in England as a reaction to the increasingly cramped and unsanitary conditions of the urban poor in the rapidly industrializing cities of the 19th century. The agenda that emerged was a progressive doctrine that assumed better housing conditions would reform its residents morally and economically. Modern attempts at renewal began in the late 19th century in developed nations. However, urban reform imposed by the state for reasons of aesthetics and efficiency had already begun in 1853, with Haussmann's renovation of Paris ordered by Napoleon III. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Urban Area
An urban area is a human settlement with a high population density and an infrastructure of built environment. Urban areas originate through urbanization, and researchers categorize them as cities, towns, conurbations or suburbs. In urbanism, the term "urban area" contrasts to rural areas such as villages and hamlet (place), hamlets; in urban sociology or urban anthropology, it often contrasts with natural environment. The development of earlier predecessors of modern urban areas during the urban revolution of the 4th millennium BCE led to the formation of human civilization and ultimately to modern urban planning, which along with other human activities such as exploitation of natural resources has led to a human impact on the environment. Recent historical growth In 1950, 764 million people (or about 30 percent of the world's 2.5 billion people) lived in urban areas. In 2009, the number of people living in urban areas (3.42 billion) surpassed the number living in rural ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Infill
In urban planning, infill, or in-fill, is the rededication of land in an Urban area, urban environment, usually Urban open space, open-space, to new construction. Infill also applies, within an urban polity, to construction on any Greenfield land, undeveloped land that is not on the urban margin. The slightly broader term "land recycling" is sometimes used instead. Infill has been promoted as an economical use of existing infrastructure and a remedy for urban sprawl. Detractors view increased urban density as overloading urban services, including increased traffic congestion and pollution, and decreasing urban green-space. Note: The odd grammar of the title is based on a quotation from Henry David Thoreau. Many also dislike it for social and historical reasons, partly due to its unproven effects and its similarity with gentrification. In the urban planning and Real estate developer, development industries, infill has been defined as the use of land within a built-up area for furth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Mixed-use Development
Mixed use is a type of urban development, urban design, urban planning and/or a zoning classification that blends multiple uses, such as residential, commercial, cultural, institutional, or entertainment, into one space, where those functions are to some degree physically and functionally integrated, and that provides pedestrian connections. Mixed-use development may be applied to a single building, a block or neighborhood, or in zoning policy across an entire city or other administrative unit. These projects may be completed by a private developer, (quasi-)governmental agency, or a combination thereof. A mixed-use development may be a new construction, reuse of an existing building or brownfield site, or a combination. Use in North America vs. Europe Traditionally, human settlements have developed in mixed-use patterns. However, with industrialization, governmental zoning regulations were introduced to separate different functions, such as manufacturing, from residential area ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Brownfield Land
Brownfield is previously-developed land that has been abandoned or underused, and which may carry pollution, or a risk of pollution, from industrial use. The specific definition of brownfield land varies and is decided by policy makers and land developers within different countries. The main difference in definitions of whether a piece of land is considered a brownfield or not depends on the presence or absence of pollution. Overall, brownfield land is a site previously developed for industrial or commercial purposes and thus requires further development before reuse. Examples of post industrial brownfield sites include abandoned factories, dry cleaning establishments, and gas stations. Typical contaminants include hydrocarbon spillages, solvents and pesticides, asbestos, and heavy metals like lead. Many contaminated post-industrial brownfield sites sit unused because the cleaning costs may be more than the land is worth after redevelopment. Previously unknown underground w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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American Tobacco Historic District
The American Tobacco Historic District is a historic tobacco factory complex and national historic district located in Durham, Durham County, North Carolina. The district encompasses 14 contributing buildings and three contributing structures built by the American Tobacco Company and its predecessors and successors from 1874 to the 1950s. Located in the district is the separately listed Italianate style W. T. Blackwell and Company building (1874-1880, c. 1904). Other notable contributing resources are the Romanesque Revival style Hill Warehouse (1900), Washington Warehouse (1902–07), the Lucky Strike Building (1901–02), and Reed Warehouse; Noell Building (c. 1930); Power Plant and Engine House (1929–39); and the Art Moderne style Fowler (1939) Strickland (1946) and Crowe (1953) buildings. It was listed on the National Register of Historic Places in 2000 as the American Tobacco Company Manufacturing Plant. Redevelopment Nearby, but not part of the multi-use redevel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Real Estate Broker
Real estate agents and real estate brokers are people who represent sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions. Categories of representation A real estate broker typically receives a real estate commission for successfully completing a sale. Across the U.S, this commission can generally range between 5-6% of the property's sale price for a full-service broker but this percentage varies by state and even region. Real estate licensing and education In most jurisdictions in the United States, a person must have a license to perform licensed activities, and these activities are defined within the statutes of each state. The main feature of the requirement for having a license to perform those activities is the work d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Variance (land Use)
In probability theory and statistics, variance is the expected value of the squared deviations from the mean, squared deviation from the mean of a random variable. The standard deviation (SD) is obtained as the square root of the variance. Variance is a measure of statistical dispersion, dispersion, meaning it is a measure of how far a set of numbers is spread out from their average value. It is the second central moment of a probability distribution, distribution, and the covariance of the random variable with itself, and it is often represented by \sigma^2, s^2, \operatorname(X), V(X), or \mathbb(X). An advantage of variance as a measure of dispersion is that it is more amenable to algebraic manipulation than other measures of dispersion such as the Average absolute deviation, expected absolute deviation; for example, the variance of a sum of uncorrelated random variables is equal to the sum of their variances. A disadvantage of the variance for practical applications is that, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |