A Challenging Process Outlined

Simple item page
dc.contributor.authorSemel, Brian
dc.date.accessioned2020-09-04T17:13:32Z
dc.date.available2020-09-04T17:13:32Z
dc.date.issued2008-07-01
dc.description.abstractThe development process is defined by variables. A successful developer identifies, monitors, understands, and attempts to control these variables. Most development projects require the developer to be prepared to negotiate with any number of parties, and much of the time, the tie-up or acquisition of the property is only the first step in a long process. For many projects, the discretionary approval process at the local level, commonly called entitlement, is the major consumer of time and resources. It is through this very process, however, that value is created. Gaining an understanding of the legal aspects of land-use regulation in general— and entitlement in particular—can help developers effectively identify and manage risk. This paper provides an overview of the procedural and legal underpinnings of the entitlement process in order to illustrate the risks involved. Several techniques for creating value and mitigating risk, as applied through the approvals process, are also discussed.
dc.description.legacydownloads2008_85_90_Semel.pdf: 1120 downloads, before Aug. 1, 2020.
dc.identifier.other5541415
dc.identifier.urihttps://hdl.handle.net/1813/70643
dc.language.isoen_US
dc.relation.ispartofseriesCornell Real Estate Review
dc.rightsRequired Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.
dc.subjectCornell
dc.subjectreal estate
dc.subjectland-use
dc.subjectentitlement
dc.subjectzoning
dc.subjectprocess
dc.subjectcity council
dc.subjectdevelopment
dc.subjectcommunity development
dc.subjectPlanned Unit Development
dc.titleA Challenging Process Outlined
dc.typearticle
local.authorAffiliationSemel, Brian: Cornell University
schema.issueNumberVol. 6
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
2008_85_90_Semel.pdf
Size:
139.6 KB
Format:
Adobe Portable Document Format
Download
Collections
CRER Vol. 06 (2008)