Land development is more complex than ever. The uncertainty of recent years, coupled with the lack of vacant land, poses new challenges. On top of this, new environmental and safety regulations add cost, time and expense to the land review and development process.
Experience, creativity, and hard work are needed to navigate through the municipal boards. The process starts well before an application is ever made. Engineers, planners, architects, and attorneys must meet together with the developer/owner to create a project that will move quickly through the boards, at reasonable cost. The end result must be something that can be approved, built, and sold at a profit.
Drawings in hand
Even more challenging is the lending environment. Between new banking requirements and the loss of hometown lenders, many banks do not understand the local development landscape. The developer/owner needs an experienced representative who understands the needs of the lender and can explain the local approval process, all while protecting his client.