RECENT STORIES

NORTH DENVER’S NEWEST HOT SPOT: NSMC ( Leslie Teegarden )
E-470 board green-lights license plate toll ( Dan Christopherson )
Southbound 1-25 ramp to eastbound 1-76 will close ( CDOT )
Calling all artists ( CDOT )
Thornton hosts Family Field Day; Aug. 23 ( Lisa Wilson City of Thornton )

share a story | more postings »

YourHub.com \\ Thornton \\ Stories \\ Sound Off \\ General Sound Off

What Developers Ask When Considering Opportunity

e-mail to a friend | print this | link to this

Contributed by: DR. SEAN REIF D.C. on 8/3/2007

When considering whether to pursue an opportunity for development with a public entity, developers should look for factors.

*Have studies been completed and available for review ?
* Is the economy diversified ?
* Located in a growing, or stabilized area ?
* Are others businesses or employers deciding to expand ?
* What is the existing and projected amount of square footage of competing projects to be developed in the market area ?
* Does demand exist for the project ?
* Are there any major tenants or operators interested in the location?
* Does the site have any unusual problems ?
* Is it large enough ?
* Will the topography increase the cost ?
* Is the site assembly uncomplicated ?
* Is the project is financially feasible ?
* Is the city prepared to minimize the developer's initial costs until the project is more certain ?
* Have land values been determined fairly ?
* Does the city offer TOOLS to aid development of the project ?
* Is the city committed to the project ?
* Are the permitting and approvals available expeditiously ?
* Will the public be involved in design ?
* Is the city adequately staffed with qualified people focused on real estate development ?
* Has the city retained experienced consultants to "support" staff ?
* Does the city have a successful track record in undertaking public / private ventures ?
* Has it evidenced a patient commitment to complete the project and to stick to originally defined ground rules with the developer ?
* Does the city plan to sell or lease the property ?
* Has a fair value for the property been determined ?
* Will the developer be permitted to stage development according to market conditions ?
* Will it retain the ability to proceed with separate stages without being committed to later stages ?
* Is the process protracted or EXPENSIVE ?
* Will politics outweigh merit in selection of developer ?
* What is the likelihood of key city staff LEAVING or Current Elected Officials being replaced during the course of development ?
* Will an environmental impact report be required ?
* What is the likelihood of SIGNIFICANT OPPOSITION from citizens ?

[Report this as objectionable content.]

SUBMIT COMMENT

Rate the above story

Current Rating

Based on 2 user ratings.

Talk Back : submit comments to the story

*Note: you need to log-in to add a comment or rating.

Thank you! Your comment has been updated.

Showing 1 of 1 comments

Submitted By: DR. SEAN REIF D.C.

posted on 8/3/2007 @ 3:52:20 PM

Rated Story

We work to establish a balance between cities as a meeting place, a marketplace, and a mobile place in which to move around. Some of the characteristics of such cities are that they are willing to put constraints on vehicle traffic and they recognize the importance of public life to society and the enjoyment of cities. These cities provide quality environments, and people have started to come back to them and enjoy them in new ways. At virtually every level of government green building is more than a good idea: It is necessary. We must be architects of the community.

[Report as objectionable]

Showing 1 of 1 comments

CONTRIBUTOR INFORMATION

DR. SEAN REIF D.C.

THORNTON , CO

DR. SEAN REIF D.C. has posted 1023 stories and 1185 comments since joining on 9/14/2005. DR. SEAN REIF D.C. 's average story rating is 3.04.

view profile » view other postings from DR. SEAN REIF D.C. »

SAVE AND SHARE THIS STORY

digg	Google
del.icio.us	Yahoo!
reddit	Newsvine

What is this?

STORY RSS FEEDS

All stories

All stories in Thornton

All stories by DR. SEAN REIF D.C.

WANT TO WRITE FOR YOURHUB.COM?

Want to see the stories you write and the photos you shoot featured in the YourHub.com Thursday print section available all over the Front Range and with home subscriptions of the Rocky Mountain News and The Denver Post? All you have to do is register, then post a story or column, start a blog or tell everyone what events are happening in town. We will print the best stories, columns, event listings, photos and blog entries in our print sections.

Loading Ad