Real Estate Development Terminology

verb to divide into smaller parts or sections

• The land developer plans to subdivide the large property into smaller lots for residential development.
• They're going to subdivide the field into smaller sections for different crops.
• Let's chop up this project and subdivide the tasks to make it more manageable.
• Sometimes it's necessary to subdivide a problem into smaller parts in order to find a solution.

noun a section or part of a larger area that has been divided into smaller parts

adjective relating to or characteristic of a subdivision

• The city council approved the new subdivision plan for the housing development.
• Have you seen the new subdivision going up on the corner?
• I heard they're building a fancy new sub in that subdivision.
• The subdivision of the company led to a more focused and efficient operation.

noun a piece of undeveloped land in a rural or agricultural area that is typically used for building new housing developments or industrial sites

• The company decided to develop a new project on a greenfield site.
• They're starting from scratch on that greenfield project.
• Let's break ground on the greenfield and see what we can build!
• Starting a new job felt like entering a greenfield of opportunities.

noun a door designated for residents of affordable housing in a mixed-income building, separate from the main entrance used by residents of market-rate units

• The controversial practice of having a separate entrance for affordable housing tenants is often referred to as a 'poor door'.
• Did you hear about that building with the 'poor door'? It's causing quite a stir in the neighborhood.
• I can't believe they have a 'poor door' in that fancy building. It's so unfair.
• In a society where wealth determines access, the concept of a 'poor door' serves as a stark reminder of economic inequality.