Industrial Park

AAA

DEFINITION of 'Industrial Park'

A portion of a city that is zoned for industrial use (as opposed to residential or commercial use). Industrial parks may contain oil refineries, ports, warehouses, distribution centers, chemical plants, plastics manufacturers, airports, food and beverage processors, and steel manufacturers, to name just a few examples. Some industrial parks offer tax incentives for businesses to locate there, such as tax increment financing.

INVESTOPEDIA EXPLAINS 'Industrial Park'

For example, the Wilmington Industrial Park in Los Angeles is located near a major international shipping facility (the Los Angeles and Long Beach ports), a railroad, and numerous freeways with access to major trucking routes. Types of businesses located there include a cold-storage facilities, food distribution warehouses, engine parts companies and many others.

RELATED TERMS
  1. Homeowner's Association - HOA

    An organization in a subdivision, planned community or condominium ...
  2. Industry

    A classification that refers to a group of companies that are ...
  3. Declining Industry

    An industry where growth is either negative or is not growing ...
  4. Emerging Industry

    A group of companies in a line of business formed around a new ...
  5. Mature Industry

    An industry which has passed both the emerging and the growth ...
  6. Industry Group

    A classification method for individual stocks or companies, usually ...
Related Articles
  1. Economics

    Save The Earth: Become A Capitalist

  2. Options & Futures

    A Guide To Investing In Consumer Staples ...

  3. Home & Auto

    Uncover The Next Real Estate Hot Spot

  4. Economics

    Unions: Do They Help Or Hurt Workers?

Hot Definitions
  1. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  2. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  3. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  4. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  5. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  6. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
Trading Center