Basics of the Land Development Process

by | Jan 15, 2015 | Business & Economics

The regulations and requirements for land development vary, based on the type of development project. Whether you are planning to build an office building, retail space, apartment, or warehouse, there will be specific requirements for land development.

Conducting Research Saves Time and Money

Among the many things to consider when creating a land development plan are the needs and demands of the end user. Regardless of whether you plan to sell or lease the property, it is important to consider the features that will be needed by the end user when creating the land development plan.
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Research is essential before purchasing a commercial property. You need to ensure that the location is zoned for the use you are planning. This information can be obtained from the zoning department of your city or town. In addition to zoning regulations for the property, take the time to research the surrounding area for existing plans for infrastructure and development. You want to be aware of any issues or future plans that can negatively impact your project because if you find out later, it is too late.

Consider the property’s access to traffic and have the property surveyed prior to purchase. An experienced surveyor can provide valuable information about the geological features, ground quality, and other factors. Once you have researched the property, you need to secure financing through a business loan, investors, investment companies, or a combination of sources to fund your project.

Hire an Experienced Contractor

The most important decision you can make to ensure the success of your project is to hire a reputable contractor for the construction and landscaping. Be sure that the contractor has the expertise in the type of project you are planning. An experienced local contractor will have detailed knowledgeable of the local zoning and building codes and land development regulations.

Make sure that the contractor you choose is well equipped for heavy construction. Look for a contractor with the technology, expertise, manpower, and financial stability needed to get the job done. Don’t be afraid to ask questions about prior site development work and whether the company embraces new technologies and has the capability to adjust to changing market needs. It is essential to hire a qualified contractor with experience in a range of public and private infrastructure projects to ensure that they have the resources required for implementing complex site development work.

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