According
to the Bureau of Economic and Business Research at the
University of Florida, Lee County continued to grow in 2007.
The population is now nearly 625,000.
What does this mean for local land owners?
It means it is only a matter of time until the economy turns around, construction is once again in full swing and land is in demand. When, of course, is the magic question. What we do know is that the people whom succeeded from 2004 to 2006 had land entitlements in place prior to the boom.
Is your land ready for the next boom?
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Entitlements add tremendous value to your land, a very attractive outcome in a down economy. |
If your property is not zoned for development or does not have its entitlements in place, then how marketable and how much is it really worth? If you are unsure what can be done with your property, consult with one our Professional Land Planners or Engineers to determine the highest and best use for your property. Only then can true market value be determine and proper pro formas run for investors and financing.
Receiving zoning entitlements is a 12 to 18-month process. It is time to get started.
We are experts who can help.
Al Quattrone, PE
Senior Engineer and President
Fred Drovdlic, AICP
Planning Director and Vice President
