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downzone

   Also found in: Financial 0.03 sec.
down·zone  (dounzn)
v. down·zoned, down·zon·ing, down·zones
v.tr.
To reduce (density of housing or permitted expansion of construction) in a designated neighborhood: proposed to downzone residential areas near the shore.
v.intr.
To reduce the permitted density of housing or the degree of proposed new construction in a designated neighborhood: the city's complex plan to downzone.


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If you downzone it's hard to sell it for the potential price.
Developers fear Prop. 90 clause by Miller, Daniel / Los Angeles Business Journal
What's critically important is that they not downzone too much, because sufficient development is required to finance the public improvements and enhance transportation.
City Council to decide on West Side rezoning plan by Nelson, Barbara L. / Real Estate Weekly
With the closure of Robinsons-May we are propose to downzone the site from commercial to residential use.
Richard Meier-Designed Beverly Hills Condominiums Will Be ... by Business Wire
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