Durham City Developments

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Information about words in this company name or address

durham

This name, with variant spelling Durram, is of English locational origin from the city thus called in the North East of England. Recorded variously as Dunholm circa 1000, as Dunhelme in "Historia Anglorum", dated 1122, and as Donelme in the 1191, Fine Court Rolls of that city. The name derives from the Old English "dun", a hill, plus the Old Scandinavian "holm", , an island or piece of raised land partly surrounded by streams. The surname first appears on record in the mid 12th Century, . One, William de Durham, witness, appears in the 1236, "Fine Court Rolls of Essex", and a Robertus de Durham was one of twelve Scots knights appointed to settle the laws of the marches in 1249, "Scottish Acts of Parliament". Walter Durham of Dumfriesshire rendered homage to Edward 1 in 1296, and Lawrence Durham was recorded in the 1400, London Assize Court Rolls. Sir Philip Charles Henderson Calerwood Durham , wounded at Trafalgar, 1805, became G.C.B. and admiral, 1830. The first recorded spelling of the family name is shown to be that of Osbert de Dunelm, which was dated 1163, in the "The Pipe Rolls of London", during the reign of King Henry 11, known as "The Builder of Churches", 1154 - 1189.

city

1. a large or important town.
2. an incorporated municipality, usually governed by a mayor and a board of aldermen or councilmen.
3. the inhabitants of a city collectively: The entire city is mourning his death.
4. a municipality of high rank, usually based on population.
5. a borough, usually the seat of a bishop, upon which the dignity of the title has been conferred by the crown.
6. the City,
a. the major metropolitan center of a region; downtown: I''m going to the City to buy clothes and see a show.
b. the commercial and financial area of London, England.
7. a city-state.
8. Slang.a place, person, or situation having certain features or characteristics : The party last night was Action City. That guy is dull city

developments

1. the process of developing; growth; progress:
2. a significant consequence or event: recent developments in science.
3. a developed state or form: Drama reached its highest development in the plays of Shakespeare.
4. Music.the part of a movement or composition in which a theme or themes are developed.
5. a large group of private houses constructed as a unified community, esp. by a developer or government organization
Real estate development is a multifaceted business, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of improved parcels to others. Developers are the coordinators of the activities, converting ideas on paper into real property.

Real estate development is different from construction. Developer Louis Lesser drew the distinction in a 1963 New York Times article, "Developing is the key word. ''We don''t build ourselves'', Mr. Lesser stresses. ''We buy the land, finance the deal, and then we have the best builders build under bond at a fixed cost.''

Developers buy land, finance real estate deals, build or have builders build projects, create, imagine, control and orchestrate the process of development from the beginning to end. Developers usually take the greatest risk in the creation or renovation of real estate—and receive the greatest rewards. Typically, developers purchase a tract of land, determine the marketing of the property, develop the building program and design, obtain the necessary public approval and financing, build the structure, and lease, manage, and ultimately sell it. Developers work with many different counterparts along each step of this process, including architects, city planners, engineers, surveyors, inspectors, contractors, leasing agents and more. In the Town and Country Planning context of the UK, ''development'' is defined in the Town and Country Planning Act 1990 s55.