Final answer:
Corner lots allow for greater design flexibility with potential for additional windows, entries, and orientations, but are also subject to zoning regulations that might limit their development.
Step-by-step explanation:
Corner lots play a significant role in urban development and architecture, presenting unique opportunities and constraints. These lots often allow for more flexibility in design due to potentially having two exposed sides rather than one. This can be beneficial from an architectural standpoint as it provides the opportunity for additional windows, entrances, and orientations of a building. Unlike mid-block properties which are typically sandwiched between other properties, corner lots can have a more prominent position within a neighborhood and can be designed to take advantage of views and natural light.
However, it's crucial to consider zoning regulations that may affect the usability of corner lots. These regulations might dictate aspects such as minimum lot area, setbacks, parking requirements, and the number of allowable buildings or dwelling units, which could influence both the design and functionality of corner lot development. In historical or culturally significant areas, restrictions may seek to preserve certain features, even on corner lots.