What is the pattern of development in which houses, town houses, condominiums, and two - to six-story apartments are built on parts of the tract and the rest, typically 30-50% of the area, is left as open space for wildlife preserves, parks, and walking and biking paths?

Question

Amir Lowe

Business

23 August, 16:28

What is the pattern of development in which houses, town houses, condominiums, and two - to six-story apartments are built on parts of the tract and the rest, typically 30-50% of the area, is left as open space for wildlife preserves, parks, and walking and biking paths?

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Angel Huynh · Answer 1

Cluster Development. It is the economic development of business clusters. The cluster concept has rapidly attracted attention from governments, consultants, and academics since it was first proposed in 1990 by Michael Porter.