Identifying land for development
Whether you are looking to build residential housing, commercial or mixed use premises, locating the right piece of land is the foundation of any successful development project.
What are the key considerations involved in identifying development land:
- Understanding local planning policies – a well informed search starts with an understanding of the planning landscape, each local authority publishes a local plan which sets out areas allocated for future housing, green belt areas, regeneration zones. It will give you an insight into what can be built and where.
- Location – in terms of long term value and planning prospects a site’s location is often the biggest driver. Key indicators of a strong location:
- Proximity to services – schools, GP surgeries
- Transport Links – access to public transport and cycle routes
- Sustainability opportunities to reduce reliance on private vehicles
- Housing Need – areas with under-supply or shortages.
- Infrastructure– availability of water, electricity, gas and sewerage systems are essential for any development. If there is inadequate infrastructure this could significantly increase developments costs.
- Physical and Environmental Constraints – the condition of the site will need to be considered, common constraints include:
- Flood Risk – land in a high flood risk will usually require flood risk measures being put in.
- Topography – steep gradients can increase construction costs
- Ecology – protected species, habitats and ancient woodland can cause delays in the development project
- Trees Tree preservation orders and hedgerows needs to be identified early
- Ground conditions- contamination, former industrial use may require specialist surveys and any clean up from contamination could be costly
With the Government’s commitment to achieving net zero and addressing climate change increasing importance has been placed on compliance with sustainability and environmental regulations. If you are considering buying land for development you will need to consider taking steps to mitigate any negative impact a project may have on these regulations.
Identifying these issues early allows you to budget effectively and avoid any unnecessary surprises later on in the development.
If you require the services of a solicitor to find out more about land development and the issues, get in contact with our Commercial Team today. Contact Us
