Learn how to find and screen potential development sites: market fit, zoning, physical constraints, infrastructure and quick feasibility before you commit.
What you’ll learn
- Define site criteria from a project's market and product type
- Use maps, GIS and public records to find candidate sites
- Screen sites for zoning, physical and environmental constraints
- Run quick feasibility to compare sites
- Approach owners and structure early control of a site
Lessons
Development Site Selection Course — Lesson 1: Defining site criteria
Development Site Selection Course — Lesson 2: Finding candidate sites
Sites come from many sources. You learn to use GIS, tax records, listings, brokers and driving the market. In this lesson GIS and parcel data Tax and ownership records Broker and owner outreach Put it into practice Identify five candidate sites using public parcel data.
Development Site Selection Course — Lesson 3: Zoning and entitlement screening
Zoning can make or break a site. This lesson covers checking zoning, overlays and rezoning risk. In this lesson Zoning and overlays Rezoning risk Comprehensive plan alignment Put it into practice Screen your five sites for zoning fit.
Development Site Selection Course — Lesson 4: Physical and environmental screening
Physical constraints add cost. Learn to screen topography, floodplain, wetlands, soils and environmental history. In this lesson Topography and floodplain Wetlands and soils Environmental history Put it into practice Score your sites on physical constraints.
Development Site Selection Course — Lesson 5: Quick feasibility
Before spending on design, run a quick test. You learn yield studies and back-of-envelope financial screening. In this lesson Yield and density studies Rough cost and revenue Residual land value Put it into practice Run a quick feasibility on your top two sites.
Development Site Selection Course — Lesson 6: Securing the site
Once you find a site, you need to control it. This lesson covers letters of intent, options and due-diligence periods. In this lesson Owner outreach Letters of intent Options and contingencies Put it into practice Draft a simple letter of intent outline.