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A business park or office park is a designated area of land in which many
office building An office is a space where an organization's employees perform administrative work in order to support and realize objects and goals of the organization. The word "office" may also denote a position within an organization with specific dut ...
s are grouped together. These types of developments are often located in
suburban A suburb (more broadly suburban area) is an area within a metropolitan area, which may include commercial and mixed-use, that is primarily a residential area. A suburb can exist either as part of a larger city/urban area or as a separate ...
areas where land and building costs are more affordable, and are typically situated near major highways or roads for easy access.


Criticism

While business parks can provide many benefits, such as providing employment opportunities and boosting the local economy, they can also have negative impacts on surrounding areas and communities. The impact of business parks on surrounding areas and communities has been criticized: *Large gaps between urbanized zones, increasing the
suburban sprawl Urban sprawl (also known as suburban sprawl or urban encroachment) is defined as "the spreading of urban developments (such as houses and shopping centers) on undeveloped land near a city." Urban sprawl has been described as the unrestricted growt ...
. *The appearance of the buildings. *Obsolescence, vacancy, and disrepair. To mitigate these negative effects, businesses and developers can take steps such as incorporating green spaces and sustainable design features into the business park, as well as maintaining and updating the buildings to prevent obsolescence.


See also

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Industrial park An industrial park (also known as industrial estate, trading estate) is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more "heavyweight" version of a business park or office park, ...
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Knowledge spillover Knowledge spillover is an exchange of ideas among individuals.Carlino, Gerald A. (2001) Business Review Knowledge Spillovers: Cities' Role in the New Economy.'' Q4 2001. In knowledge management economics, knowledge spillovers are non-rival knowledg ...
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Mega-Site A Megasite or Mega-Site is a land development by private developers, universities, or governments to promote business clusters. These organizations develop the land so that it is "shovel ready" for big business, by improving the infrastructure ( ...
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Office An office is a space where an Organization, organization's employees perform Business administration, administrative Work (human activity), work in order to support and realize objects and Goals, plans, action theory, goals of the organizati ...
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Science park A science park (also called a "university research park", "technology park”, "technopark", “technopole", or a "science and technology park" (STP)) is defined as being a property-based development that accommodates and fosters the growt ...


References

{{DEFAULTSORT:Business Park Business terms Business