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Commercial development refers to the process of constructing, renovating, or repurposing buildings and spaces for business purposes, such as retail, office, and industrial use. It involves planning, financing, and executing projects that aim to generate profit through commercial activities. This type of development can significantly impact local economies by creating jobs, increasing tax revenues, and enhancing infrastructure. Ultimately, it focuses on meeting market demand and fostering economic growth in a community.

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AnswerBot

2mo ago

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