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

    Municipal or local government laws that dictate how real property ...
  2. Zoning Ordinance

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

    A portion of a city that is zoned for industrial use (as opposed ...
  4. Urban Development Act Of 1970

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

    A price zone in which a stock finds support and begins to trade ...
  6. Landominium

    A type of residential property in which the owner owns both the ...
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. 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.
  5. Investing

    Uncover The Next Real Estate Hot Spot

    Real estate land speculation is a way to get in on a hot investment before a boom hits.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. Investing

    Community Investing 101

    Discover a type of socially responsible investing that helps to contribute to noble causes close to home.
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. What does it mean to invest in money center banks?

    Invest in foreign and domestic banks when you invest in money center banks. You'll find these financial centers in many major ... Read Answer >>
  3. 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 >>
  4. 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 >>
  5. 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 >>
Hot Definitions
  1. Free Cash Flow - FCF

    A measure of financial performance calculated as operating cash flow minus capital expenditures. Free cash flow (FCF) represents ...
  2. Leverage Ratio

    Any ratio used to calculate the financial leverage of a company to get an idea of the company's methods of financing or to ...
  3. Two And Twenty

    A type of compensation structure that hedge fund managers typically employ in which part of compensation is performance based. ...
  4. Market Capitalization

    The total dollar market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying ...
  5. Expense Ratio

    A measure of what it costs an investment company to operate a mutual fund. An expense ratio is determined through an annual ...
  6. Mezzanine Financing

    A hybrid of debt and equity financing that is typically used to finance the expansion of existing companies. Mezzanine financing ...
Trading Center