Real Estate Development

News & Analysis as of

A Common Interest Agreement May Not Be Worth the Paper It’s Written On

It is a very common practice for counsel to co-defendants or co-plaintiffs to enter into agreements that shield their communications. The agreements are expressions of intent that the communications will be protected by the...more

UK: AIG Europe Limited v Woodman and others

Earlier this week, the Supreme Court overturned the Court of Appeal’s judgment in AIG Europe Limited v Woodman and others UKSC 2016/0100, ruling on how claims arising from similar acts or omissions in a series of related...more

Reading the Financial Tea Leaves: CREFC Market Outlook Survey 2017

CREFC has surveyed some of its attendees—all major participants in the commercial real estate finance industry—at the 2017 CRE Finance Council January Conference in Miami. CREFC’s 2017 market outlook survey confirmed what we...more

Wiener’s Streamlined Infill Housing Approvals Legislation Continues to Move Forward

We reported in December that State Senator Scott Wiener marked his first day in state office by introducing legislation (SB 35) to address barriers to housing production. Senator Wiener has introduced amendments to SB 35 that...more

Collective Strata Sales: Fact v Fiction

The new NSW strata legislation commenced late in 2016 with the showstopper reform that owners in a strata scheme can now take part in a collective sale of the whole scheme on a 75% and above vote....more

Chicago Department of Planning and Development releases Industrial Corridor Modernization Framework Plan

The Chicago Department of Planning and Development (DPD) has released its North Branch Industrial Corridor Modernization Plan. This framework plan is the first component of the City of Chicago's industrial corridor...more

Under Construction - March 2017

Letter from the Editor - Welcome to the spring 2017 edition of our Under Construction newsletter. We hope 2017 is off to a good start for you and your company. An issue that seems to commonly come up in cost-plus...more

Fairfax County approves Zoning Ordinance Amendment to add flexibility to the Tysons PTC District

On March 14, 2017, the Board of Supervisors approved an amendment to the Tysons PTC Zoning District that eliminated the FAR maximum of 2.5 for certain uses located within a Transit Oriented Development that is up to one...more

Update to the Comprehensive Plan for Tysons

On March 14, 2017, the Fairfax County Board of Supervisors approved an update to the Comprehensive Plan for Tysons. Consistent with comments from industry representatives and the Tysons Partnership...more

Safety Issue Can Be “Hardship” Justifying A Zoning Variance

The Massachusetts standard for granting a zoning variance is notoriously difficult to meet. In a nutshell it requires proof that: (1) due to circumstances concerning soil conditions, the shape of the lot, or the topography...more

Collective strata sales: who can benefit?

The new NSW strata legislation commenced late in 2016 with the showstopper reform that owners in a strata scheme can now take part in a collective sale of the whole scheme on a 75% and above vote....more

Update on Fairfax Forward Process

This is a follow up to our earlier briefing on the proposed revisions to the “Fairfax Forward process”. McGuireWoods’ lawyers have been working closely with County leadership and the land use bar to understand the proposed...more

Development Process Committee Agenda Released

FAIRFAX COUNTY BOARD OF SUPERVISORS - DEVELOPMENT PROCESS COMMITTEE MEETING - March 28, 2017 – 10:00am – Government Center Conference Room 11...more

Importantes oportunidades de desarrollo inmobiliario para las P3 en el centro de Miami

El 7 de marzo, el alcalde del condado de Miami-Dade presentará un informe ante la Junta de comisionados del condado sobre propiedades del condado en el centro de Miami, que son propicias para el desarrollo junto con el sector...more

MIPIM Expects…

Cannes next week – for members of the global real estate fraternity, this is the place to be (and to be seen). Property people from over 90 countries are presented with a unique opportunity to evaluate the real estate...more

West Coast Real Estate Update: March 2017

Gov. Brown Opposes Measure S - In a statement published less than two weeks before Los Angeles' Consolidated Municipal and Special Elections to be held on March 7, 2017, California Gov. Jerry Brown came out in opposition...more

Major P3 Real Estate Development Opportunities in Downtown Miami

On March 7, the Miami-Dade County Mayor will be presenting a report to the Board of County Commissioners on County-owned properties in downtown Miami that are ripe for joint development with the private sector. The upshot:...more

Newbigin – A reality check - Newbigin v Monk

It has not been rosy in the business rates garden recently. Following the Woolway v. Mazars decision, the vagaries of the business rates revaluation and the complete uncertainty and potentially adverse consequences flowing...more

Supreme Court rating decision good news for developers and property owners

In a decision that will be welcomed by developers and property owners, the Supreme Court has held that a commercial property undergoing extensive refurbishment works was effectively exempt from business rates....more

Supreme Court decision slashes empty rates bills for developers

The rateable value of commercial premises is generally equal to the rent payable under a hypothetical letting on the relevant assessment date. There are some express statutory assumptions for this – it is to be an annual...more

City of Los Angeles Proposes Linkage Fee Ordinance to Fund Affordable Housing

City Planning Commission recommends adopting new affordable housing linkage fee ordinance affecting new development, project budgets and property owners. A number of new fees, taxes and restrictions on development have...more

Real News - Winter 2016/2017

Welcome to the winter 2016/2017 edition of Real News, DLA Piper’s quarterly real estate publication. This edition is a quick review of 2016 and a look forward to what 2017 may bring into the real estate world. I look...more

Court Mandates Full Payment of 40B Application Fee for Complete Application: Municipality Successfully Invokes Safe Harbor Due to...

Ruling that a developer who files a comprehensive permit application without paying the full filing fee “does so at its peril,” the Court in Zoning Board of Appeals of Hanover v. Housing Appeals Committee, 90 Mass. App. Ct....more

Embark Richmond Highway Moves Forward

The Embark Richmond Highway Advisory Group met Monday morning (02/27) for its 14th meeting and continued its discussion of staff’s transportation impacts analysis for the proposed bus rapid transit system along US Highway 1....more

Opportunity to Extend Development Orders and Permits for Almost 16 Months

Holders of permits and development orders have the opportunity to toll the period remaining to exercise rights under the permit or order for nearly 16 months. Section 252.363 of the Florida Statutes permits a tolling of...more

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