DEFINITION of 'Planned Urban Development - PUD'

A type of community zoning classification that is planned and developed within a city, municipality and/or state that contains both residential and non-residential buildings (such as shopping centers). Open land, such as for parks, is also often included in the zones

BREAKING DOWN 'Planned Urban Development - PUD'

In order to make certain communities more attractive and self sufficient, city planners will provide them with both residential and professional zoning. This allows for the development of homes, shopping centers and/or light industry, as well as recreation areas such as parks. Areas such as these are valuable in that they provide their inhabitants with both housing and a place to work.

RELATED TERMS
  1. Zoning Ordinance

    Written regulations and laws that define how property in specific ...
  2. Industrial Park

    A portion of a city that is zoned for industrial use (as opposed ...
  3. Construction Spending

    An economic indicator that measures the amount of spending towards ...
  4. Urban Development Act Of 1970

    Legislation through the U.S. Department of Housing and Urban ...
  5. Zone Of Resistance

    A price zone in which a stock finds resistance and begins to ...
  6. Real Estate

    Land plus anything on it, including buildings and natural resources.
Related Articles
  1. Personal Finance

    U.S. Cities With The Largest Parking Fines

    You should think twice before parking in the wrong spot or parking incorrectly in these cities.
  2. Managing Wealth

    6 U.S. Cities With The Most Expensive Parking Spots

    These cities have high parking fees, and some spots go for as much as $1 million.
  3. Investing

    Municipalities Free Up Cash With Chapter 9

    Find out what happens to municipalities when they need money, but have no other option than bankruptcy.
  4. Investing

    Real Estate Projects That Will Transform NYC in 20 Years

    From Wall Street to Yorkville in Manhattan, as well as in Brooklyn and Queens, learn the new NYC real estate projects that will transform the city.
  5. Personal Finance

    5 Ways To Save On Parking

    Parking can be expensive, but options like carpools and economy lots can add up to big savings.
  6. Small Business

    Zoning Laws for Home Based Businesses

    Understand what types of home-based businesses are allowed and what types of businesses aren't allowed. Learn what to do to ensure zoning compliance.
  7. Financial Advisor

    Why You Should Invest In Municipal Bond ETFs

    These versatile instruments have become popular with investors in higher tax brackets and fill a specific niche in the wide selection of fixed-income offerings.
  8. Managing Wealth

    How to Keep a Land Investment From Going Bust

    Investing in land can yield big returns. But investors should consider their goals, as well as the following details, to make the deal a success.
  9. Retirement

    Austin, Texas: The Best Retirement Communities

    Discover five of the most desirable retirement communities for seniors located in the Austin/Georgetown metropolitan area in Texas.
  10. Retirement

    Top Retirement Community Developers

    Learn which companies are the top developers of communities for active adults and the history behind each of these popular and well-known companies.
RELATED FAQS
  1. How does industrialization lead to urbanization?

    Discover the connection between industrialization and urbanization and learn how economic growth increases the demand for ... Read Answer >>
  2. How can you use a debt service coverage ratio (DSCR) to evaluate municipal bonds?

    Learn how the debt service coverage ratio (DSCR) can be used by investors to analyze the risk level of revenue bonds offered ... Read Answer >>
  3. What is the difference between municipal bonds and standard money market funds?

    The primary difference between municipal bonds - also known as "munis" - and money market funds is that municipal bonds are ... Read Answer >>
  4. How do the returns on municipal bonds compare to those of other bonds?

    Learn how tax-free municipal bonds may provide better returns than other types of bonds, and understand the risks of municipal ... Read Answer >>
Hot Definitions
  1. North American Free Trade Agreement - NAFTA

    A regulation implemented on Jan. 1, 1994, that eventually eliminated tariffs to encourage economic activity between the United ...
  2. Agency Theory

    A supposition that explains the relationship between principals and agents in business. Agency theory is concerned with resolving ...
  3. Treasury Bill - T-Bill

    A short-term debt obligation backed by the U.S. government with a maturity of less than one year. T-bills are sold in denominations ...
  4. Index

    A statistical measure of change in an economy or a securities market. In the case of financial markets, an index is a hypothetical ...
  5. Return on Market Value of Equity - ROME

    Return on market value of equity (ROME) is a comparative measure typically used by analysts to identify companies that generate ...
  6. Majority Shareholder

    A person or entity that owns more than 50% of a company's outstanding shares. The majority shareholder is often the founder ...
Trading Center