The Eight Traits of Successful Developers: Traits #1 and #2
In my 25 years of land development consulting I’ve had the opportunity to work with a wide variety of developers, from small first timers trying to develop the family farm to large institutional developers with dozens of active projects around the country. Within this wide range of developers there are many unfortunate stories of failures, bad projects, and sometimes financial ruin.
The Added Value of Listening
Land development is my passion. I and many of my peers chose civil engineering for a career because we wanted to do work we could be proud of, and land development gives us that feeling. We also recognize that land development adds value to our communities in a variety of ways, such as increased property tax rolls, a greater quantity of real estate inventory that appreciates over time, and the construction of public infrastructure via private investment. Land development is a noble undertaking because it adds value to the places where we live, work, and play.
Ready or Not, LID is Coming to a Code Near You
- Paul Harmsen
- Land Development, Residential Land Development, Commercial/Industrial Land Development, Urban Parks & Recreation
Updated April 26, 2016
The Washington State Department of Ecology (DOE) is making Low Impact Development (LID) a priority in a major way: they are mandating the use of LID technologies for stormwater design and construction across the board.
Every agency in Washington will eventually be affected by this new rule. For those in the development industry, this is something to note and prepare for. Even if you don’t currently work in Washington, it is only a matter of time before other states follow Washington’s lead, so this will impact you at some point.
When Comparing Potential Land Purchases, Look Beyond the Land Price
When comparing competing sites for land acquisition, it is very important to analyze all of the site specific costs to make a true comparison. The price per square foot for the real estate is just part of the picture. It’s also essential to consider the project-specific costs so the sites can be compared side by side.
There are many different “hidden” costs that can apply to a site, but here are some of the most common.
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