Real Estate Glossary

What is Planned-Unit Development?

Planned-Unit Development (PUD) - A planned-unit development (PUD) is a type of real estate development that combines various uses such as residential, commercial, and recreational into one development. PUDs are typically designed to be self-sustaining communities, with a mix of residential, commercial and recreational areas. They may also include amenities such as parks, swimming pools, and community centers.