Land development refers to altering the landscape in any number of ways such as: changing landforms from a natural or semi-natural state for a purpose such as agriculture or housing subdividing real estate into lots, typically for the purpose of building homes developing property or changing its purpose, for example by converting an unused factory complex into condominiums The prudent landowner or developer on any size of project will inevitably want to maximise profits, minimise risk and control his cash-flow.