A new development is constructed under the smart growth planning theory. The development contains compact, walkable areas that are designed to avoid sprawl. This concept of smart growth is most applicable to what type of property?

Smart growth is primarily an urban planning theory which seeks to concentrate growth in dense, compact urban centers. The principal objective of smart growth is to avoid sprawl. While this methodology could also be applied to other types of property to a lesser extent, it is most applicable to urban properties. This question illustrates the need to select the best answer. Though other selections may be partially correct, only Urban is the best option.