new town

(redirected from Master-planned communities)
Also found in: Dictionary, Thesaurus, Encyclopedia.
Related to Master-planned communities: Planned city

new town

In keeping with the expression “all things old are new again,”modern residential development is focusing on a small-town atmosphere called the new town concept.It includes sidewalks and community parks plus offices,retail,places of worship,and schools within the project itself and usually within walking distance of residential areas.It may even include some home-above-retail or home-above-office concepts and satellite offices for government services such as license renewal.

References in periodicals archive ?
Houston managed to land eight master-planned communities on the list, more than any other market.
8220;While Metrostudy reported home sales in Houston area master-planned communities up 27 percent this past year, sales in Johnson's active master-planned communities increased 64%, reaching over 2,000 homes for the first time.
Many of the improvements were built by developers and conveyed to the city as part of master-planned communities.
government launched a new community program to encourage and support the development of master-planned communities.
The company specializes in creating distinctive mixed-use and master-planned communities that emphasize quality of life and recreational opportunities, and currently has more than 110,000 residential units in various stages of development throughout California and Nevada, including Weston Ranch in Stockton and McAllister Ranch near Bakersfield.
The company employs more than 1,500 individuals and is developing seven master-planned communities - Bonita Bay, The Brooks, Shadow Wood Preserve, Mediterra, TwinEagles, Verandah and Sandoval - along with 12 golf courses and two marinas.
Tom's success provides GGP with a strong and proven leader in the field of master-planned communities," said Bernard Freibaum, executive vice president and chief financial officer, General Growth Properties, Inc.
General Growth's community development portfolio includes master-planned communities in: Columbia, MD; Summerlin in Las Vegas; and The Bridgelands in Houston, in addition to GGP's interest in The Woodlands (Houston).
SunCal Companies, a leading developer of master-planned communities, has closed a $120 million purchase of 470 acres in Chino, Calif.
Its affiliates have developed more than 30 mixed-use master-planned communities, comprising 60,000 residential units and 5 million square feet of commercial space.
Full browser ?