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Preservation Development
Preservation development is a model of real-estate development that addresses farmland preservation. It shares many attributes with conservation development, with the addition of strategies for maintaining and operating productive agriculture and silviculture, often in perpetuity. A preservation development is a planned community that allows limited, carefully designed development (typically housing) on a working farm, while placing the majority of productive land under a system of easements and community governance to ensure a continuity of farming and environmental stewardship. Goals Preservation development is not a formal planning approach, but an example of goal-oriented environmental planning. Particular characteristics of the land, local market and local agricultural norms influence the tools to be deployed in each case. The successful project should, however, aim to meet several goals: # 80% or more of the target parcel's agricultural productivity should be retained. # ...
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Real-estate Development
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. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint venture, create, imagine, control, and orchestrate the process of development from the beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typically, developers purchase a t ...
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Charlottesville, Virginia
Charlottesville, colloquially known as C'ville, is an independent city in the Commonwealth of Virginia. It is the county seat of Albemarle County, which surrounds the city, though the two are separate legal entities. It is named after Queen Charlotte. At the 2020 census, the population was 46,553. The Bureau of Economic Analysis combines the City of Charlottesville with Albemarle County for statistical purposes, bringing its population to approximately 150,000. Charlottesville is the heart of the Charlottesville metropolitan area, which includes Albemarle, Buckingham, Fluvanna, Greene, and Nelson counties. Charlottesville was the home of two presidents, Thomas Jefferson and James Monroe. During their terms as Governor of Virginia, they lived in Charlottesville, and traveled to and from Richmond, along the historic Three Notch'd Road. Orange, located northeast of the city, was the hometown of President James Madison. The University of Virginia, founded by Jefferson, stradd ...
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Smart Growth
Smart growth is an urban planning and transportation theory that concentrates growth in compact walkable urban centers to avoid sprawl. It also advocates compact, transit-oriented, walkable, bicycle-friendly land use, including neighborhood schools, complete streets, and mixed-use development with a range of housing choices. The term "smart growth" is particularly used in North America. In Europe and particularly the UK, the terms "compact city", " urban densification" or "urban intensification" have often been used to describe similar concepts, which have influenced government planning policies in the UK, the Netherlands and several other European countries. Smart growth values long-range, regional considerations of sustainability over a short-term focus. Its sustainable development goals are to achieve a unique sense of community and place; expand the range of transportation, employment, and housing choices; equitably distribute the costs and benefits of development; preserve ...
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New Urbanism
New Urbanism is an urban design movement which promotes environmentally friendly habits by creating walkable neighbourhoods containing a wide range of housing and job types. It arose in the United States in the early 1980s, and has gradually influenced many aspects of real estate development, urban planning, and municipal land-use strategies. New Urbanism attempts to address the ills associated with urban sprawl and post-Second World War suburban development. New Urbanism is strongly influenced by urban design practices that were prominent until the rise of the automobile prior to World War II; it encompasses ten basic principles such as traditional neighborhood development (TND) and transit-oriented development (TOD). These ideas can all be circled back to two concepts: building a sense of community and the development of ecological practices. The organizing body for New Urbanism is the Congress for the New Urbanism, founded in 1993. Its foundational text is the ''Charter of ...
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Harvard Magazine
''Harvard Magazine'' is an independently edited magazine and separately incorporated affiliate of Harvard University. Aside from ''The Harvard Crimson'', it is the only publication covering the entire university, and also regularly distributed to all graduates, faculty and staff. It was founded in 1898 by alumni for alumni, with the mission of "keeping alumni of Harvard University connected to the university and to each other". One of the founders was the noted print journalist William Morton Fullerton. It has gone through three name changes - the original name was ''Harvard Bulletin'', it was changed in 1910 to ''Harvard Alumni Bulletin'', and in 1973 it got its current name, ''Harvard Magazine''. ''Harvard Magazine'' has a circulation of 258,000 among alumni, faculty and staff in the United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists o ...
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Triple Bottom Line
The triple bottom line (or otherwise noted as TBL or 3BL) is an accounting framework with three parts: social, environmental (or ecological) and economic. Some organizations have adopted the TBL framework to evaluate their performance in a broader perspective to create greater business value.Slaper, Timothy F. and Hall, Tanya J. (2011)"The Triple Bottom Line: What Is It and How Does It Work?"''Indiana Business Review''. Spring 2011, Volume 86, No. 1. Business writer John Elkington claims to have coined the phrase in 1994. Background In traditional business accounting and common usage, the "bottom line" refers to either the "profit" or "loss", which is usually recorded at the very bottom line on a statement of revenue and expenses. Over the last 50 years, environmentalists and social justice advocates have struggled to bring a broader definition of bottom line into public consciousness by introducing full cost accounting. For example, if a corporation shows a monetary profit, but t ...
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Carrying Capacity
The carrying capacity of an environment is the maximum population size of a biological species that can be sustained by that specific environment, given the food, habitat, water, and other resources available. The carrying capacity is defined as the environment's maximal load, which in population ecology corresponds to the population equilibrium, when the number of deaths in a population equals the number of births (as well as immigration and emigration). The effect of carrying capacity on population dynamics is modelled with a logistic function. Carrying capacity is applied to the maximum population an environment can support in ecology, agriculture and fisheries. The term carrying capacity has been applied to a few different processes in the past before finally being applied to population limits in the 1950s. The notion of carrying capacity for humans is covered by the notion of sustainable population. At the global scale, scientific data indicates that humans are living beyon ...
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Sustainable Development
Sustainable development is an organizing principle for meeting human development goals while also sustaining the ability of natural systems to provide the natural resources and ecosystem services on which the economy and society depend. The desired result is a state of society where living conditions and resources are used to continue to meet human needs without undermining the integrity and stability of the natural system. Sustainable development was defined in the 1987 Brundtland Report as "Development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs".United Nations General Assembly (1987''Report of the World Commission on Environment and Development: Our Common Future'' Transmitted to the General Assembly as an Annex to document A/42/427 – Development and International Co-operation: Environment. As the concept of sustainable development developed, it has shifted its focus more towards the economic ...
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Zoning
Zoning is a method of urban planning in which a municipality or other tier of government divides land into areas called zones, each of which has a set of regulations for new development that differs from other zones. Zones may be defined for a single use (e.g. residential, industrial), they may combine several compatible activities by use, or in the case of form-based zoning, the differing regulations may govern the density, size and shape of allowed buildings whatever their use. The planning rules for each zone determine whether planning permission for a given development may be granted. Zoning may specify a variety of outright and conditional uses of land. It may indicate the size and dimensions of lots that land may be subdivided into, or the form and scale of buildings. These guidelines are set in order to guide urban growth and development. Zoning is the most common regulatory urban planning method used by local governments in developed countries. Exceptions include the Uni ...
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Transferable Development Rights
Transferable development rights (TDR) is a method by which developers can purchase the development rights of certain parcels within a designated "sending district" and transfer the rights to another "receiving district" to increase the density of their new development. The underlying legal concept of a transfer of development rights programme is the notion that all land has a bundle of property rights. It is used for controlling land use to complement land-use planning and zoning for more effective urban growth management and land conservation. Description The TDR process can be considered a tool for controlling urban sprawl by concentrating development. TDR is a legal mechanism offered in some local government jurisdictions as a form of development control. In the United States, TDR are also a way to avoid constitutional takings issues caused by rezoning areas that would otherwise eliminate a significant amount of value from the property. The procedure offers landowners financi ...
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Conservation Easement
In the United States, a conservation easement (also called conservation covenant, conservation restriction or conservation servitude) is a power invested in a qualified private land conservation organization (often called a "land trust") or government (municipal, county, state or federal) to constrain, as to a specified land area, the exercise of rights otherwise held by a landowner so as to achieve certain conservation purposes. It is an interest in real property established by agreement between a landowner and land trust or unit of government. The conservation easement "runs with the land", meaning it is applicable to both present and future owners of the land. The grant of conservation easement, as with any real property interest, is part of the chain of title for the property and is normally recorded in local land records. The conservation easement's purposes will vary depending on the character of the particular property, the goals of the land trust or government unit, an ...
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Urban Land
''Urban Land'' is a magazine published by the Urban Land Institute (ULI). It is published 4 times a year and is headquartered in Washington, D.C. ''Urban Lands articles cover a wide range of international topics, while concentrating on the needs of professionals in the real estate development and land use industry. ''Urban Land'' magazine regularly publishes original stories and commentaries from notable land use leaders and urban thinkers. Past and current contributors have included such individuals as former Bogotá mayor Enrique Peñalosa; urban scholar Richard Florida; economist and Brookings Institution fellow Anthony Downs; former director of land-use planning for The Conservation Fund Ed McMahon; former Secretary of Housing and Urban Development (HUD) Henry Cisneros Henry Gabriel Cisneros (born June 11, 1947) is an American politician and businessman. He served as the mayor of San Antonio, Texas, from 1981 to 1989, the second Latino mayor of a major American city and th ...
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