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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.
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Cimarron Hills is an unincorporated community and a census-designated place (CDP) located in and governed by El Paso County, Colorado, United States. Cimarron Hills is an enclave of the City of Colorado Springs. The CDP is a part of the Colorado Springs, CO Metropolitan Statistical Area.
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 the United States, the creation of a subdivision was often the first step toward the creation of a new incorporated township or city.Contemporary notions of subdivisions rely on the Lot and Block survey system, which became widely used in the 19th century as a means of addressing the expansion of cities into surrounding farmland.
A nearly 60-acre mixed-use development, which could include national and regional businesses and a “residential component” is being planned in a bustling section of Lexington County.
Off-plan property is typically deemed attractive if there is a high level of infrastructure in the immediate area such as a new university or expresses roads, either already built or due to be built within the next few years. Properties sold before they are constructed or completed are referred to as pre-sale properties or pre-sales in Canada.
Stratmoor (Stratmoor Hills and Valley) is an unincorporated community and a census-designated place (CDP) located in and governed by El Paso County, Colorado, United States. The CDP is a part of the Colorado Springs, CO Metropolitan Statistical Area. The population of the Stratmoor CDP was 6,518 at the United States Census 2020. [3]
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