Feeling the Impact? Lower Your Costs in the Development Application Process

Developers and property owners are required to go through a complex process of review at multiple layers of government when processing development applications. One of the requirements is an impact and concurrency analysis, which analyzes the impact the proposed building will have on public facilities and utilities, such as roads, sewer, infrastructure, and schools. What many applicants do not realize is that there are ways to save money, sometimes significant amounts, by reviewing the classification of uses, the applications reviewed, and vested rights. We recently saved in the high six-figures for a savvy and experienced developer by re-classifying a high-rise as a mid-rise and working with staff on the formulas used for fee calculation.