The Property Rezoning Process: What Land Developers Need to Know & How to Manage Risks 

The Property Rezoning Process: What Land Developers Need to Know & How to Manage Risks //
Entitling a property for a real estate development project is challenging enough. But when your land entitlement tasks include property rezoning, the complexity and risk of the process increase exponentially.
Each piece of land is designated a property zoning that controls the land use and type of allowed development on the property. The zoning designation also establishes development requirements like maximum building height, minimum setbacks, allowed density, and other critical project details.
So to put it simply, property zoning is a big deal.
And what if you want to build something on the land that doesn't fit within the in-place zoning? You'll need to rezone the property by navigating the rezoning process.
The property rezoning process is time-consuming, risky, and often expensive, so it's important to have a strong grasp of the sequential steps required. You'll also want to be clear on what's expected of you as the landowner or real estate developer at each stage of the process to increase the likelihood that your rezoning request will be approved.
Unfortunately, there is no way to guarantee a successful rezoning approval, but you can mitigate risks.
So in this video, we cover everything landowners and property developers need to know about property zoning, the rezoning process, and how you can manage risk throughout the project.
⌛ Timestamps ⌛
0:00 Introduction
1:18 What is Zoning & Why is it Important?
3:16 Different Kinds of Property Zoning You Might Find
5:50 The Rezoning Process
9:08 Zoning Variances & Conditional Use Permits
10:21 Land Rezoning Risks
11:43 Final Thoughts
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We're bullish on the freedom real estate provides, as both a passive investment and long-term wealth creation vehicle.
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