Phase III - Development
Nothing gets the land owners more excited than progressing to the 3rd phase of our process. This is a step towards making the family's land a revenue generating asset that's creating a sustainable pathway to create and enhance generational wealth. During development AAHA offers recommendations introductions, and when requested liaison assistance between the landowner and Influential corporations, organizations and industry leaders. AAHA assists with identifying development possibilities and providing economic mobility resources such as lending opportunities, connections for collaborations with major corporations, and corporate contacts
DID
YOU
KNOW?
there are countless development opportunities for raw land
First, you must evaluate the development opportunities specific to your land.
(Note: Developing raw land is not to be substituted for hiring an experienced master planner with a proven track record.)
DEVELOPMENT ADVANTAGES:
-
Minimum or no zoning ordinances
-
Possibility of Opportunity Zone designation
COMPETENT DUE DILIGENCE:
-
Evaluate the political landscape and economic climate
-
Determine if your land is within city limits or in an unincorporated part of the county with limited or zero access to Public Utilities
-
Evaluate zoning ordinances and HOAS,
-
Determine access to road frontage and easements
-
Locate freshwater sources such as lakes ,rivers, and the ability to locate groundwater and dig wells.
-
Determine Identify permitting fees and inspection processes.
-
Have a Feasibility Study done; it can be costly but comprehensive
-
Civil engineer soil report, topographical surveying determining peaks, valley and water runoffs - IS THIS INCLUDED IN A FEASIBILITY STUDY OR NO?
After compiling the information above, will help determin your most profitable use of your land. Determine your highest, best, and most profitable use, such as:
Types of Development: Farming, Ranching, Solar Farming, Wind Farming, Recreational Area Development, Land Leasing , Urban Residential and Commercial Development, Timber Cutting
Initiate a forestry evaluation to determine the development and profit in timber cutting.
EXAMPLE OF DEVELOPMENT PROCESS: SOLAR FARMING
PARTNERS and COOPERATIVES
Administrative of business-oriented exceptionally creditworthy positive track record in real estate a spokesperson and ally History of financial stability fiscal responsibility common sense and congeniality and congeniality evidence of urgent income no convictions of fraud or theft
EXPERTISE SUGGESTIONS: SUGGESTED PROFESSIONALS TO HAVE ON YOUR TEAM
Business Attorney, Licensed Realtor, Surveyor, Appraiser, Accountant, Bookkeeper, Developer or Builder (with a track record), Loan Expert, Expert in the area in which you have decided to develop
FINANCIAL: GRANT + LOAN PROGRAMS:
Evaluate access to USDA loans and Grant options
Learn about loans options currently available to farmers through USDA.
Farmers.gov
Potlikker
INSTITUTIONAL FUNDING
LISC,
Banking Institution - i.e. JP Morgan Chase, Wells Fargo, etc.
PRIVATE MONEY LENDERS:
Less Likely
CROWDFUNDING
Few restrictions but low success rate
Great Presentation needed
MASTER PLANNER
Master planner usually costs between $300 and $1000 per hour, depending on the planners.
DESIGN PHASE
Climate considerations material considerations Top of your graphical questions answered
CONSTRUCTION:
State/city+black/minority/contractorsassociationchamberofcommerce