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The development, on what was previously considered an "unbuildable" lot, received conditional approval for a water hookup. The development, on what was previously considered an "unbuildable" lot ...
‘All our dreams are out of the window’: This Florida couple paid $350K for an empty lot to build 3 houses on — only to discover their land was ‘unbuildable’ due to 1 undisclosed problem
The Rockland ZBA closed the public hearing on a Chapter 40B project on the 'unbuildable' lot at 320 Concord St., after getting an agreement on height.
The primary requisites for application of cluster development are that all principal or accessory uses are allowed and that multifamily dwelling, duplexes, and townhouses are permitted. As well the application of maximal lot coverage, floor area ratios, building height, and parking requirements to the entire site as opposed to the individual lot.
As an example, an old, run-down, single family home on a typical lot in Washington, DC, would sell for about $1 million, but if it were legal for a developer to build a three-story, six unit condominium building on that lot, those units would sell for about $600,000; which is 40% less per unit and 500% more units.
An example might be that users of a parking structure will traverse an area defined as being within six blocks or less of a parking structure. In this example, the service district would consist of all properties lying within six blocks of the parking structure. However, there may be more than just retail business structures within the six ...
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The common usage of this term implies that swampland is worthless. Without development or some ability to develop it, it is not valuable for real estate purposes. There have been cases that swampland was purchased and turned into very valuable property, notably for the creation of Walt Disney World and also to some extent including many developed lands in Florida.