Industrial Park

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.

BREAKING DOWN '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. Warehouse Financing

    A form of inventory financing in which loans are made to manufacturers ...
  2. Planned Urban Development - PUD

    A type of community zoning classification that is planned and ...
  3. Warehouse Bond

    A type of financial protection that assures an individual or ...
  4. Warehouser's Liability Form

    A document that describes the obligations of a storage facility ...
  5. Food Industry ETF

    An exchange-traded fund that invests in food and beverage companies, ...
  6. Warehouse Lending

    A line of credit extended by a financial institution to a loan ...
Related Articles
  1. Personal Finance

    5 Things To Do in Disney Parks on a Budget

    Look at five things that visitors to Disneyland in Anaheim, California can do to stay within a budget without skimping on adventure.
  2. Retirement

    National Parks: Best Travel Deal Ever for Retirees

    The U.S. National Park System is expansive, but the one thing it isn't for retirees is expensive. All you have to be is 62.
  3. Personal Finance

    How Much Money Do You Need to Live in Los Angeles?

    Learn how much money it takes to live in Los Angeles and how that amount varies based on whether you are a student, professional or unemployed job-seeker.
  4. Personal Finance

    Traveling to Los Angeles on a Budget

    Understand why you do not have to break your budget to vacation in Los Angeles, despite the city's reputation as a playground for the rich and famous.
  5. Investing

    How To Start a Successful Food Truck

    Understand how a food truck operates and what makes a food truck successful. Learn about the top five steps to run a successful food truck.
  6. Insights

    A Look at Disney's New Shanghai Park (DIS)

    Shanghai Disney Resort is Disney’s sixth international theme park outside the U.S. and is triple the size of the neighboring Hong Kong Disneyland.
  7. Markets

    Theme Park Stocks Heating Up for Summer (SIX, SEAS)

    Despite declining consumer spending, theme parks have increasing visitors and revenue. Find out what that means for these stocks in 2015.
  8. Personal Finance

    The Most Expensive Neighborhoods in Los Angeles

    Understand the layout of the greater Los Angeles area and what is driving up home values. Learn about the top eight most expensive places to live in LA.
  9. Insights

    Dalian Wanda Chair Throws Down Gauntlet at Disneyland China

    The chairman of Dalian Wanda, China's largest commercial property developer, likened the battle between Disney and his group to one between a tiger an a pack of wolves.
  10. Markets

    How China Impacts the Global Steel Industry

    The Chinese economy is having a significant impact on the performance and profitability of steel and mining stocks.
RELATED FAQS
  1. What types of industries are the main consumers of the products of the chemicals ...

    Learn about industries that use products manufactured by chemical companies. Explore common materials used and produced by ... Read Answer >>
  2. What are the major types of insurance policies that insurance companies will offer?

    Explore one of the largest market sectors, the chemicals sector, and learn which primary basic commodities are used in producing ... Read Answer >>
  3. What countries represent the largest portion of the global chemicals sector?

    Learn more about the chemical industry and the growth of chemical products sales around the world. Find out why companies ... Read Answer >>
  4. What product categories make up the chemicals sector?

    Discover interesting facts about one of the world's largest core industry sectors -- the chemicals industry -- and the product ... Read Answer >>
  5. What countries are driving most of the growth of the food and beverage sector?

    Learn about the countries, primarily emerging market nations, that are currently driving most of the growth in the food and ... Read Answer >>
  6. What is the historic average annual return of the food and beverage sector?

    Examine the current state of the food and beverage sector, along with learning the historical average annual returns for ... Read Answer >>
Trading Center