Is there a name in real estate for investor "herd behavior" for how new developments often follow other big developments?
For example there is a new major mixed use development in the northwest part of a city.  It then leads to a snowball effect for other developers/investors to focus on that area as well. Is there a good term to use that describes this?
[{"id": "gmsge8l", "text": "https://en.m.wikipedia.org/wiki/Business_cluster", "replies": [{"id": "gmsjmxv", "text": "Interesting, that is good! Thanks.  \"Economies of Agglomeration\" from that page as well", "replies": [], "depth": 2}], "depth": 1}, {"id": "gmshb03", "text": "Good business sense? :)", "replies": [{"id": "gmsjgi8", "text": "Was typing out the question at first and was thinking the same thing.. pretty much is the name of the game! But wondering if there was a good term for it", "replies": [], "depth": 2}], "depth": 1}, {"id": "gmss1el", "text": "Yes, it\u2019s called city planning.", "replies": [], "depth": 1}, {"id": "gmuynwz", "text": "In some cases it's \"infill\", in some cases it's \"anchoring\" or \"shadow anchoring\", in some case's its creating a \"corridor\" or a \"node\", I've seen it referred to as a \"market driver\" or \"rent driver\" , you might also hear how something affects foot traffic, or a traffic generator. In a way you're also speaking to gentrification or a \"gentrifier\". I'm using a lot of quotes bc they're all kind of made up terms, used by developers or real estate folk, and jargon you probably won't find in the dictionary.", "replies": [], "depth": 1}]