"Developable land" refers to a piece of land that is suitable for construction or development. It means that the land can be used to build houses, buildings, roads, or any other kind of infrastructure. Full definition
As Headwaters Economics has shown so vividly in fine - grained maps, there is a vast amount of developable land in vulnerable zones that, without changed policies, will greatly increase exposure to hazard, and do so even as climate change boosts odds of fire - friendly conditions. (dotearth.blogs.nytimes.com)
«With mortgage - amortization periods capped at 25 years, coupled with the high cost of developable land in the Lower Mainland, micro suites are a sensible and cost - effective option for single people looking to purchase their first home,» says Peter Simpson, president and CEO of the Greater Vancouver Home Builders» Association. (remonline.com)
Terrence Tallen, a vice president and national director of leasing with Burnham Pacific Properties in San Diego, notes that it is extremely difficult to find developable land in mature markets such as Chicago, New York, Boston, or Washington, D.C.. (nreionline.com)