Could some of the most in-demand housing markets be cooling off?
Land development is both an art and a science. It is an art that builds on creativity, instincts and vision to transform an idea from concept into reality. As a science, it systematically progresses through a series of activities to accomplish a successful outcome — a new development. In this article, we will discuss the land acquisition and development finance process, which includes: Th...
John O'Sullvan wrote in 1845 that it was "our manifest destiny to overspread the continent ... for the free development of our yearly multiplying millions." A journalist covering Texas' bumpy annexation to the union, he coined a term sorely in need of an update; it is density that appears manifest in the context of development today.
Featured Major Market: Los Angeles If you don't build it, they will come anyway. If you are dealing with government agencies or citizens groups who believe that if they don't build the housing, people won't come, take them on a tour of Los Angeles. Los Angeles is the "poster child" for how a lack of adequate new housing near employment centers can affect an economy.
The Michigan Land Use Institute's Follow The Money report blasts decades of "profoundly misguided" state policies in Michigan that amount to "subsidizing sprawl" while fostering obesity and white flight from neglected cities. If research bears these claims out, then suburban builders could suffer when infrastructure expansion fails to keep pace with market demand.
April is National Landscape Architecture month — a fitting time to draw attention to the importance of home builders to the American Society of Landscape Architects, and a new opportunity involving the professional society's annual awards program. According to ASLA's latest Business Indicators Survey, residential projects comprise 40 percent of annual billable hours by landscape architect...
With Orange County known as a land-limited area for building, the auction of the four-parcel property of El Toro — a famous Marine Air Station — has been a big deal for builders because of its implications on land development. Sold during an online auction held by the Defense Department, the final bid came in at $649.
In Croton-on-Hudson, N.Y., Discovery Cove at Half Moon Bay sits on 12 acres of highly desirable riverfront, just steps from a boat marina and near the commuter rail into New York. But the site sat dormant for roughly 20 years before WCI Northeast U.S. stepped in to build 154 attached homes there. Why? "For years, complications made this land not worth developing," says Gabe Pasquale, vice presi...
Builders have yet to be selected for the 2,043-acre Canyons South golf and residential community south of Denver in Douglas County. Lots for the 400-home first phase won't be offered until the second half of 2006, but John Waggoner, president of developer Lowe Enterprises' Central division, was in contact with builders months before the January 25 land closing.
It pays to protect the environment. The Warwick Grove master plan in Warwick, N.Y., boasts a diversity of wildlife, including federally protected bog turtles that roam the marshy outskirts. When the state of New York requested developer-builder LeylandAlliance protect the slow-moving but wide-ranging amphibians, the company called upon Michael Klemens, Ph.