The actual property improvement course of may be intimidating. It typically feels chaotic, haphazard, and arbitrary — particularly for folks new to actual property improvement. Groundwork USA’s Technical Assistance staff’s expertise working with practitioners and laypeople in brownfield-affected communities throughout the nation has proven us that few native stakeholders perceive the ins and outs of the actual property improvement course of, a lot much less when and the place to get entangled and probably form a undertaking’s options and outcomes.
To assist reverse that scenario and empower native communities, Groundwork USA has created this Development Process Map to assist stakeholders, native officers, and grassroots organizations higher perceive all of the steps concerned in creating a “bricks and mortar” actual property undertaking.
Viewers will discover every side of the actual property improvement course of intimately, together with market evaluation, feasibility examine, neighborhood engagement, due diligence issues of contamination, finance and web site design, and thru deal-making, building, and undertaking administration.
To be taught extra about how Groundwork USA helps to advance equitable neighborhood improvement, go to https://groundworkusa.org/ta-services/equidev-brownfields-planning/.