Greyfield Redevelopment
Definition
The redevelopment of underutilized or abandoned commercial sites, such as shopping centers or parking lots.
Purpose
Transform obsolete commercial properties into productive new uses.
Examples of Use
- Converting malls to mixed-use developments.
- Redeveloping parking lots.
- Creating new community spaces.
- Enhancing connectivity and accessibility.
- Incorporating sustainable design principles.
Related Terms
- Urban Regeneration
- Adaptive Reuse
- Urban Infill
- Mixed-Use Development
- Sustainable Design
Notes
Greyfield redevelopment helps revitalize declining commercial areas, promoting economic and social revitalization.