The Future of Land Access: How Repurposing and Redeveloping is Changing Real Estate Development
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With the growth of urbanization, finding vacant land for industrial buildings, multifamily apartments, and commercial buildings has become increasingly difficult. However, we have seen a trend of repurposing and redevelopment of existing buildings, which can provide new opportunities for developers to access land for their projects.
In this article, I will discuss the process of land repurposing and redevelopment and how our firm can help developers navigate the land planning and entitlement process.
Repurposing and Redevelopment: An Overview
The concept of repurposing and redevelopment of land is not new, but it has gained popularity in recent years due to the scarcity of land in urban areas. The process involves taking an existing property, such as an industrial building, and repurposing it for a different use, such as a residential apartment building or a commercial office space. Alternatively, the redevelopment process involves demolishing an existing building and constructing a new one in its place.
Both processes require careful planning and coordination with local governments to ensure that the development aligns with the zoning laws and regulations. Zoning laws vary by state and locality and dictate how land can be used, what types of buildings can be constructed, and what activities are allowed in a specific area. For example, a zoning law may restrict the height of a building, the type of business that can operate in an area, or the amount of parking required for a specific use.
As an architecture and engineering firm, we have vast experience and a diversity of design and engineering services to help developers find new sites for redevelopment and help them with land planning and entitlement. Our team of experts understands the complexities of zoning laws and regulations and can help developers navigate the process of obtaining necessary permits and approvals.
The Land Planning and Entitlement Process
The first step in the land repurposing or redevelopment process is to assess the existing property and determine its potential for a different use. Our team can perform feasibility studies to determine the viability of a project and identify any potential obstacles, such as environmental concerns, building code compliance issues, or infrastructure requirements.
Once we have determined the feasibility of the project, the next step is to obtain the necessary permits and approvals from local government agencies. This process can be complex and time-consuming, but our team has extensive experience working with government agencies and can help developers navigate the process. We can prepare the necessary documentation, including zoning and land use applications, site plan documents, environmental impact reports, and building plans and specifications, to ensure that the project meets all legal requirements.
During the construction phase, we provide construction administration services to ensure that the project is completed on time and within budget. We work closely with contractors and subcontractors to ensure that the project is built to meet all building codes and regulations.
In conclusion, the redevelopment and repurposing of land can provide new opportunities for real estate developers to access land for their projects.
Contact Us Today
At Jarmel Kizel Architects and Engineers, we have the expertise and experience to help developers navigate the complexities of land planning and entitlement and ensure that their projects meet all legal requirements. Our team of experts can assist with all aspects of the development process, from feasibility studies to construction administration, to ensure a successful outcome for our clients.
Contact us today to schedule a consultation. Call us at (973) 994-9669 or visit our website www.jarmelkizel.com
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Matthew B. Jarmel AIA | MBA | NCARB
Matthew B. Jarmel, AIA, MBA | NCARB is an American architect and real estate developer. He is managing Principal of Jarmel Kizel Architects and Engineers, Inc., located in Livingston, NJ.