shopstead
Word Rarity
Very rare
Frequency: Zipf frequency 0.00 in modern English
15
Scrabble Score
9
Letters
2
Syllables
8
Unique Chars
Meaning
verb
To buy and renovate abandoned shop facilities that are offered for sale inexpensively as part of an urban renewal policy.
noun
A commercial building that has been or is being renovated as part of a shopsteading program.
Example Sentences
- "Many of the previously vacant commercial buildings along Baltimore Street have been "shopsteaded" (the commercial equivalent to homesteading)."
- "The city offered businesses the option to “shopstead,” a program that rented storefronts for $1 per square foot per year, renewable for up to forty-seven years (Jordan 1986)."
- "The program is supported by merchants, who see abandoned storefronts in neighborhood shopping strips as hurting their business, and by neighborhood residents, who have been given a say in what types of businesses they want in the shopstead properties."
- "While renovating shopsteads, residents and city officials discovered artists needed affordable housing they could adapt for large, open studios."
- "This means that there must be an identifiable market for goods and services in the shopstead area."