licensed development
[ˈlaɪsənst dɪˈveləpmənt]
nounpl: licensed developments
desenvolvimento licenciado
1. A real estate or construction project that has received official authorization and permits from local authorities to proceed with building or renovation
The licensed development on Fifth Avenue will include two new residential towers and retail space.
O desenvolvimento licenciado na Quinta Avenida incluirá duas novas torres residenciais e espaço comercial.
2. In intellectual property, the creation or production of goods, software, or content based on a valid license agreement with the rights holder
The video game company engaged in licensed development of merchandise featuring the franchise's characters.
A empresa de videogames se envolveu no desenvolvimento licenciado de mercadorias com os personagens da franquia.
3. Urban planning and construction that complies with zoning laws, building codes, and municipal regulations
All licensed development in this district must meet the new environmental sustainability standards.
Todo desenvolvimento licenciado neste distrito deve atender aos novos padrões de sustentabilidade ambiental.
This term is particularly important in the United States and Brazil due to strict zoning and building code regulations. In Brazil, 'desenvolvimento licenciado' is essential terminology in real estate transactions, as unlicensed or informal development (favelas and clandestine construction) is a significant urban issue. In the US, the term reflects the importance of municipal oversight and environmental compliance in urban development.
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