Subdivision development is a complex undertaking that requires both a vision of what is possible and an eye for detail throughout the entire process.
In this three-part webinar series about subdivision development in which participants:
- learn the process from start to finish,
- understand the roles development team and professionals involved,
- evaluate the financial risks and rewards,
- understand your role as owner and construction manager, and
- determine if subdivision development is the right choice for your organization.
Session 1: An Overview
In the 90-minute introduction to subdivision development, we addressed the development timeline, site selection criteria, assembling your development team, designing lots that meet the needs of the community and residents, and the importance of a long-term marketing strategy.
Session 2: From Project Inception Through Land Acquisition
During this 90-minute session, we walk through the steps required to develop a successful subdivision. Topics will include formulating your development plan, assembling the sources and uses budget, managing the development team, and reviewing a sample bid document.
Session 3: From Land Acquisition to Completion
In the final 1-hour session, participants will learn how to evaluate, hire, and oversee the site development contractor, work with local governing bodies, understand liability and bonding and insurance requirements, start construction on finished lots, and, when appropriate, develop a homeowner’s association.