Following changes to Class MA Commercial to Residential Development Rights, there has never been a better time to convert a building from commercial to residential use – but there are still challenges as well as opportunities. In this piece in Property Investor News Matthew Robinson Senior Architect at Boyer Design addresses the practical, design & procedural hurdles. #architect #brownfield #commercial #conversions #development #planning #PermittedDevelopmentRights #residential
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Are you aware of the significant changes to the 4-Year Rule in planning permission that will affect thousands of property owners across the UK? Read this blog to learn more and stay informed about future planning legislation updates. https://lnkd.in/grYyWfUb #planningpermission #planningconsultants #townplanning #townplanner #architecturedesign #architects #architect
4-Year Rule Update: Levelling Up Act 2023
planning-by-design.co.uk
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Interesting NEWS for all my dear property developers friends: A dear friend and Architect Extraordinaire, John Herniman, alerted me to some interesting developments (pardon the pun) as follows: In The Age Newspaper on 31 August 2024 The Age produced an article and a series of “leaked” documents showing that the State government is about to substantially change the planning laws to meet targets for delivery of new homes, units and apartments. This will affect all people involved in property in Victoria. It is not planning law yet but they are proposing in General Residential Zoning: - Substantial reduction of neighbours’ ability to appeal if the proposal meets new “deemed to comply” regulations. Developers will still be able to appeal to VCAT. - The removal of “neighbourhood character” rules. - Reduction of waiting times. - Heights and setbacks will change substantially to enable 3 stories with 11m height limit and reduced setbacks from side boundaries and external walls to go straight upwards without the requirement for the expensive “wedding cake” design. This current B17 standard in clause 55 of the planning scheme is represented by the dashed blue line, whilst the red highlights the new planning provisions. - The buildings footprint to go from 60% to 80% site coverage. - Setbacks from front street to vary from between 4 m to 6 m - Nonsignificant trees will be able to be removed with conditions. - Overlooking reduced from 9 m to 6 m and screen heights to be reduced from 1.7 m to 1.5 m. - Reduction in the amount of private open space. - Space for rooftop solar collectors. Summary - In General Residential Zoning the speed for obtaining permits will be significantly improved and the risk for developers reduced. - The reduction in setbacks and other conditions will mean a greater number of apartments will be able to be built on the same sized land. - Reduced screening will mean that balconies will have better amenity. If you are planning a development or have been contemplating it, contact John Herniman and/or myself and we'll help you through the journey. #accountant #advisor #virtualcfo #coach #mentor #author
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Enhanced opportunities for reusing existing buildings, and broader geographical areas to explore, could unlock options for developers and property owners alike. With an extension to the law allowing commercial buildings to be converted into homes without planning permission, we are providing advice to clients on all aspects of their property and how they could benefit from this change. If you’re curious about what the Permitted Development changes could mean for you, do contact the team Gerard Barry Gerard.barry@Argroup.co.uk or Jonathan Weekes jonathan.weekes@argroup.co.uk for further info. #permitteddevelopment #propertyconsultancy #commercialbuildings
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Industry Consultant reimagining the future of Construction, Architecture and Property // Director of Ballast Point - leading Architects and Builders in Sydney's Inner West // Part-time Podcast Host 😁
Property Cyclone is a good way to describe our experience in the last 3 years! #property #architecture #construction
'When the cash flow stops, they go bust': More builders are collapsing and consumers are fighting to fix their homes
abc.net.au
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Are you contemplating converting a commercial property into residential? To make this undertaking successful, you must navigate the complex layers of zoning regulations, building codes, and permit requirements. I can certainly help with this! Read More: https://bit.ly/3WGBaJv
What To Know Before Converting A Commercially-Zoned Property Into Residential - House Digest
housedigest.com
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LIHTC is a vital tool for financing affordable housing, offering a 9% tax credit that can cover a substantial portion of the costs for new constructions and major rehabilitations without additional federal subsidies. This makes a significant difference, especially in high-cost areas where affordable housing is desperately needed. With expedited permits, developers can fast-track their projects, ensuring they meet funding deadlines and maximize these valuable tax credits. For example, a project with a qualified basis of $1 million can receive $900,000 in tax credits over 10 years, translating to a present value of $700,000 – a 70% subsidy! This means more affordable housing units can be built faster, addressing the critical housing shortage. Ready to increase your project's equity with expedited permits and LIHTC? Schedule a free strategy session with our experts now and discover how to maximize your financing options! https://lnkd.in/gUA5PbC2 #homebuilder #construction #dreamhome #interiordesign #newhome #builder #realestate #homedesign #customhomes #customhomebuilder #architecture #home #newconstruction #customhome #homesweethome #renovation #homebuilding #design #contractor #luxuryhomes #homedecor #realtor #newbuild #newhomes #homebuilders #custombuilder #buildersofinsta #building #homerenovation #homeimprovement #affordable #Housing
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The Land and New Homes Organisation - Providing Land & New Homes support and marketing advice to landowners and property professionals in the South East of England
Affordable Housing Changes - Are you being advised correctly? This is well worth considering if you are a landowner embarking on redevelopment at the moment. Recent case law and forthcoming changes to the planning system will limit developers opportunity to remove or avoid affordable housing obligations on viability grounds. So if you are entering into a conditional agreement or option and the developer has confirmed their affordable strategy as 'we will argue it out on viability' then perhaps it would be prudent to think again. New rule are basing viability on eventual sale values and not projected values, and projects are expected to deliver the 'maximum reasonable amount of affordable housing'. If you are not sure that you are being advised correctly or your current agent perhaps need some support then do get in touch; this wont prevent developing your land but could have a huge impact on its value depending on your agreement if their strategy fails. - - - #newhomes #landandnewhomes #developers #developments #sussex #estateagents #commercialagents #planning #planners #architects #architecture #showhomes #land #landandnewhomesorganisation
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📌 📌 SUMMARY OF DECREE 98/2024/ND-CP AND COMPARISON WITH DECREE 69/2021/ND-CP The following summary briefly provides the main information of Decree 98/2024/ND-CP (effective from 01/08/2024) detailing a number of articles of the Law on Housing 2023 on renovation and reconstruction of apartment buildings, including three parts: (1) Terminology; (2) Scope of adjustment and subjects of application; (3) Some main contents of the Decree; and (4) Comparison between Decree 98/2024/ND-CP and Decree 69/2021/ND-CP. 👉 Read more at: https://lnkd.in/e6yJYgpn #LawonHousing #apartmentbuildings #renovation #reconstruction #DPT
Summary of Decree 98/2024/ND-CP and comparison with Decree 69/2021/ND-CP
dptlaw.vn
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Founder and President - Business Administration student at the Warrington College of Business at the University of Florida
Tampa Ranked 16th in Apartment Construction, With 8,817 New Units #floridahomes #floridahousing #floridahouses #floridarealestate #floridarealestateagents #floridahomebuying #floridahousingprices #realtor #dreamhomes #realestateinvesting
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Work continues toward the everRange development of more than 1,100 residential homes, almost 300 apartments and more between Nocatee and eTown along Philips Highway in Southeast Duval County. Karen Mathis reports. #realestate #property #development #residential #commercialrealestate #businessnews #readitherefirst #subscribe
Plans underway to clear, grade land for EverRange development | Jax Daily Record
jaxdailyrecord.com
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