Planned Urban Development - PUD

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. Zone Of Resistance

    A price zone in which a stock finds resistance and begins to ...
  4. Zone Of Support

    A price zone in which a stock finds support and begins to trade ...
  5. Construction Spending

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

    Legislation through the U.S. Department of Housing and Urban ...
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. Markets

    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.
  3. Markets

    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. Managing Wealth

    The 5 Factors Of A "Good" Location

    “Location, location, location” is a common mantra in real estate. And it’s good advice – except for one thing: most people have no idea what this really means.
  5. 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.
  6. Investing

    Community Investing 101

    Discover a type of socially responsible investing that helps to contribute to noble causes close to home.
  7. ETFs & Mutual Funds

    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. 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.
  9. Retirement

    5 Places With Good Jobs And Cheap Housing

    Having a great job without affordable housing (or vice versa) can be a real headache. These cities offer both.
  10. Managing Wealth

    There Are More Ways To Invest In Land Than You Think

    You don't have to have a huge amount of capital to invest in land. You have many other options, including land-related ETFs and ETNs.
RELATED FAQS
  1. What are some of the challenges in real estate development?

    Learn what real estate development is, what developers do, and how real estate development is hindered by both risks and ... Read Answer >>
  2. What is a triple tax-free municipal bond?

    At its core, a triple tax-free municipal bond is just like any corporate bond: it is a debt instrument, a loan given to a ... Read Answer >>
  3. What do cities do with the funds generated from municipal bonds?

    Learn more about municipal bonds, including the various types of bonds issued and the purposes of municipal bond funds, such ... 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 >>
  5. What's the most expensive city in the world to live in?

    Find out which cities are the world's most expensive to live in, and learn how the Economist's yearly cost of living index ... Read Answer >>
  6. How stable are municipal bonds?

    Read about the safety and stability of the municipal bond market, and learn how that stability has been undermined since ... Read Answer >>
Trading Center