LVE is the multi-disciplined task of bringing undeveloped or underdeveloped real estate to a developable state. It requires the coordination of land planning, zoning, marketing and economic analysis, infrastructure planning and development, community relations and a variety of other simultaneous activities. While complex, great values may be achieved for the expenditure of comparatively little capital.
The Assessment
The LVE Process starts with the honest assessment of problems, challenges and opportunities associated with every site including, but not limited to the following:
Location
Access
Utilities
Drainage & Water Quality
Endangered Species
Environmental Factors
Geological & Soil Conditions
Zoning
Political & Regulatory Matters
The Plan
Following the assessment, a development plan and strategy for its implementation can be prepared, including some or all of the following:
Highest & Best Use Determination
Land Use Concept
Infrastructure Design
Site Development Plan
Economic Analysis
Platting
Permitting
Financing
Marketing Plan & Strategy