What is an example of commercial development?

An example of commercial development would be building a new shopping center, office complex, or industrial park.

For instance:

• Shopping center: A developer buys a plot of land and constructs a retail plaza with multiple stores, restaurants, and parking facilities.
• Office complex: Developing a multi-story office building that houses corporate tenants and provides amenities like conference rooms, parking, and cafeterias.
• Industrial park: Developing a site for warehouses, manufacturing units, or distribution centers for businesses.

Basically, any project intended to generate income through commercial use—retail, office, or industrial—is considered commercial development.

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