3 ms·
This is basically how Big Real Estate already treats most cities.
by eli_gottlieb 9y ago
This is basically how Big Real Estate already treats most cities.
- ABCLAW 9y agoYes. Developers that obtain approval for neighbourhood plans operate in exactly this manner, putting in sewage, roads, schools, parks, etc. in order to improve the value of the commercial/residential units they are selling. Additionally, some less 'saleable' improvements end up being included as concessions in negotiation with the local municipal authority to get the development plan approved. Public transit financing in greenfield areas works similarly.