Tips
for Developing Property
Many
of you help your clients purchase property for future development. Some of
you buy and develop property yourselves. To assist you in this process, I have
developed a short list of items to keep in mind as you or your clients view
various properties. This list covers some of the less obvious, yet vitally
important items you or your clients should consider. It is by no means an exclusive
list; I encourage you to use it as a basis to construct your own worksheet.
ITEMS
TO CONSIDER
- Is
this property close to a jurisdictional boundary? For example, is the
property in Thurston County’s jurisdiction, but within the path of Lacey’s
future growth? If so, developers can find themselves whip-sawed between
two conflicting set of rules. This problem gets particularly frustrating
when each jurisdiction tells you the other is responsible for addressing
your particular problem. If at all possible, address this point up-front
at a pre-submission meeting with your appropriate jurisdiction.
- Check
for any zoning changes planned, but not yet implemented. I have had
at least one client who was forced to move at break-neck pace to vest their
proposed use of a property before a zoning change occurred. Sometimes these
changes are subtle, and sometimes they are not well advertised, or well
marked on a zoning map. Pay close attention, and ask lots of questions
to the appropriate planning department.
- Has
the local governmental jurisdiction proposed any construction projects affecting
your property which are schedule, but not begun? Try and avoid being
the happy owner of a nice piece of developable property one day, and then
watching as an army of bulldozers arrive next door the following day. Check
with the applicable public works department to see about sewer, traffic,
lighting, or other public projects that might affect people trying to access
your property. Often these projects are scheduled months or years in advance,
and there is no outward sign on the affected property to warn you of the
future disruption.
- Will
the local governmental jurisdiction assess fees to property owners who do
certain kinds of developments in an area? For example, say you want
to build a project that will generate a set amount of traffic per day.
You may find yourself being assessed for traffic improvements that are located
a mile or more away. Often, the relationship between your project and the
distant traffic improvement is apparent only to a traffic engineer. Once
again, ask careful questions at a pre-submission conference. Confirm your
understanding in writing with the appropriate persons.
- Use
experts familiar with your area. Some experts are known statewide for
their skill and experience in building, engineering, or architecture. While
that is good, be aware that local firms may be able to provide similar quality
and they know the ins and outs of the local jurisdictional requirements.
I have seen a big-name expert make costly mistakes simply because they were
unaware of the local rules. You may even consider partnering your well-known
expert with a local person, particularly in the planning stage, to help
cover this base.
The
point of this list is simply to spark you and your clients to think carefully,
ask lots of questions, and then to take the right measures to limit those unhappy
surprises that can damage your project.
Published
July 1997
This
article contains information of general interest, and is not intended to be,
nor should it be relied upon as a substitute for specific legal advice.
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The
information you obtain at this site is not, nor is it intended to be,
legal advice. You should consult an attorney for individual advice regarding
your own situation.
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© 2004 by Wheeler & Peternell, PLLC. All rights reserved. You may
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