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Title: PowerPoint Presentation ap


1
Key Terms in Development
2
Accessory Use
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An activity or structure that is secondary to the
main use of a site. For example, a small business
office within a store might be considered an
accessory use, and might not be counted in the
calculation of the size of the store for zoning
purposes.1
RACESTUDIO
RACESTUDIO
3
Affordable Housing
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Housing is affordable if it doesn't cost too
much. Some affordable housing is subsidized and
some is market rate.
4
Amenity
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A feature of the home or property that serves as
a benefit to the buyer but that is not necessary
to its use may be natural or built.2
5
Artist Housing
This is housing where artists live and/or work.
It can take on many forms and scales. It usually
looks similar to other housing from the exterior
however, it may have different interior design
requirements.
6
Brownfield
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Industrial or commercial property that is
abandoned or underused and environmentally
contaminated, especially when considered as a
potential site for redevelopment.3
7
Comprehensive Plan
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Plan for the development of an area, which
recognizes the physical, economic, social,
political, aesthetic, and related factors of the
community involved.4
8
Density
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Density is a measure of a number of things per
unit area. It is often measured in terms of
people, houses, or jobs in a given area.5
9
Downzone
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This term refers to the rezoning of land to a
more restrictive zone (for example, from
multi-family residential to single-family
residential or from residential to agricultural).
It generally reduces the economic value of land,
though it may serve a public benefit.6
10
Dwelling Unit
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One or more rooms, designed, occupied or intended
for occupancy as a separate living quarter, with
a single complete kitchen facility, sleeping area
and bathroom provided within the unit for the
exclusive use of a single household.7
11
Easement
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Usually the right to use property owned by
another for specific purposes or to gain access
to another property. For example, utility
companies often have easements on the private
property of individuals to be able to install and
maintain utility facilities.8
12
Footprint (Building)
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The outline of a building at all of the points
where it meets the ground.9
13
Floor Area Ratio
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The Floor Area Ratio (FAR) is a ratio of the
floor area of a building divided by the lot size.
It is a measure of the bulkiness of the
building.10
14
Highest and Best Use
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The use of land or buildings which will bring the
greatest economic return over a given time which
is physically possible, appropriately supported,
and financially feasible.11
15
Housing Stock
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An inventory or description of a communitys
existing residences by age, condition, structure
type, number of bedrooms, rental cost or
value.12
16
Lifecycle Housing
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Varied housing options that meet peoples
preferences and circumstances at all of lifes
stages, providing a balance of single-family
homes, apartments, condominiums, townhomes, and
senior housing for independent living or with a
range of assisted-living services.13
17
Market Value
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The highest price a property would command in a
competitive and open market under all conditions
requisite to a fair sale with the buyer and
seller each acting prudently and knowledgeably in
the ordinary course of trade.14
18
Mixed Income Housing
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This is where people with mixed income levels
live. Usually, it looks similar to regular
housing.
19
Mixed Use
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Mixed use refers to a mixture of different
activities in a building, a block, or sometimes a
larger area.15
20
Parcel
A lot, or contiguous group of lots, in single
ownership or under single control, usually
considered a unit for purposes of development.16
21
Pedestrian Friendly
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Pedestrian friendly describes a street or area
that has sidewalks on both sides of the roadway
and has safe street crossings.
22
Pro Forma
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A pro forma statement is a financial statement
projecting anticipated income, expenses, and cash
flow for some specified future period.
23
Setback
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A minimum distance required by zoning to be
maintained between two structures or between a
structure and property lines.17
24
Site Control
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Evidence that a developer has, or will have,
control of a site by the time financing is
committed. Evidence can be a purchase agreement
or option to purchase.18
25
Small Area Plan
Node identification in the small area plan along
38th Street and Chicago Avenue, Minneapolis, MN
A plan for part of a municipal area, often a
neighborhood or part of a neighborhood. Such
plans can also be called district or corridor
plans.
26
Title
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The means whereby the owner of lands has the just
and full possession of real property.19
27
Transit Oriented Development (TOD)
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Transit Oriented Development is a new name for
the old idea that people use transit if there is
housing and activities they want to get to
clustered near transit lines and stations.20
28
Upzone
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The rezoning of land to a less restrictive zone
(for example, from industrial to residential).
Upzoning generally increases the economic value
of land.21
29
Walkable
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Refers to a single route, or a system of routes,
between points that is relatively short, barrier
free, interesting, safe, well-lighted,
comfortable, and inviting to pedestrian travel.22
30
Sources
  • 1 Feldstein, L. 2006. General Plan and Zoning
    A Toolkit on Land Use and Health. California
    California Department of Health Services.
  • 2 U.S. Department of Housing and Urban
    Development. Homes and Communities Housing
    Glossary. http//www.hud.gov/offices/hsg/sfh/buyi
    ng/glossary.cfm (accessed September 14, 2006).
  • 3 Metropolitan Council. Resources, Reports and
    Data Glossary. http//metrocouncil.org/resources
    /Glossary.pdf. (accessed September 15, 2006).
  • 4 Ibid.
  • 5 Metropolitan Design Center. (July 2003).
    Design Brief, Number 8 Measuring Density
    Working Definitions for Residential Density and
    Building Intensity. http//www.designcenter.umn.ed
    u/reference_ctr/publications/dbriefs (accessed
    September 14, 2006).
  • 6 Feldstein, L. 2006. General Plan and Zoning
    A Toolkit on Land Use and Health. California
    California Department of Health Services.
  • 7 City of Minneapolis. Code of Ordinances
    Definitions. http//www.municode.com/resources/ga
    teway.asp?pid11490sid23 (accessed September
    14, 2006).
  • 8 Feldstein, L. 2006. General Plan and Zoning
    A Toolkit on Land Use and Health. California
    California Department of Health Services.
  • 9 Feldstein, L. 2006. General Plan and Zoning
    A Toolkit on Land Use and Health. California
    California Department of Health Services.
  • 10 Metropolitan Design Center. Educational
    Materials and Downloads Floor Area Ratio.
    http//www.housinginitiative.org/floorarearatio
    (accessed September 14, 2006).
  • 11 http//www.crye-leike.com/commercial/glossary.p
    hp
  • 12 Metropolitan Council. Resources, Reports and
    Data Glossary. http//metrocouncil.org/resources
    /Glossary.pdf. (accessed September 15, 2006).
  • 13 Met Council Glossary (http//metrocouncil.org/r
    esources/Glossary.pdf )
  • 14 Crye-Leikie Commercial. Business and
    Investment Real Estate Glossary
    http//www.crye-leike.com/commercial/glossary
    (accessed September 15, 2006)
  • 15 Metropolitan Design Center. (December 2004).
    Best of Image Bank Mixed Use. http//www.housingi
    nitiative.org/mixeduse (accessed September 14,
    2006).
  • 16 Feldstein, L. 2006. General Plan and Zoning
    A Toolkit on Land Use and Health. California
    California Department of Health Services.
  • 17 Feldstein, L. 2006. General Plan and Zoning
    A Toolkit on Land Use and Health. California
    California Department of Health Services.
  • 18 http//www.lisc.org/twin_cities/resources/devel
    opment_6809/development_6812.shtml
  • 19 Crye-Leikie Commercial. Business and
    Investment Real Estate Glossary
    http//www.crye-leike.com/commercial/glossary
    (accessed September 15, 2006)
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