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Preferred term

developer  

Definition

  • Real estate developers allocate land, capital, material, and labor to the production of the built environment. Their goal is the highest and best use of a site—that is, the use that will yield the maximum return on investment—given various legal and regulatory parameters. [Source: Encyclopedia of Urban Studies; Developer]

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URI

https://concepts.sagepub.com/social-science/concept/developer

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