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– Organizing for development:
– Development team can be structured in various ways
– Large companies offer multiple services
– Smaller companies may hire professionals as needed
– Coordination of professionals is crucial for success
– Skills required include architects, engineers, lawyers, and lenders

– Land development:
– Purchasing undeveloped land is speculative development
– Subdivision is crucial for community growth
– Risks and profits are high in land development
– Land is marketed to builders or end users after subdivision
– Spatial intelligence tools help mitigate risks in land development

– See also:
– Brownfield regulation and development
– Gentrification
– Land consumption
– Property investment calculator
– Real estate bubble

– References:
– “Professional Real Estate Development: The ULI Guide to the Business” by Anne B. Frej and Richard B. Peiser
– New York Times article on Louis Lesser, March 16, 1963
– Archived article on property developers, Sept 2019
– Archived article on Lady Bird Deed, April 18, 2020