Chapter 17 - Land Use Control and Development Flashcards
Why do government entities own land (4)?
- Public interest (i.e., health, financial or legal services)
- Advance urban renewal efforts that revitalize areas of blight or significant decline
- To develop public housing communities
- Conservation purposes
What are the government’s powers over real estate?
PETE - Police power, eminent domain, taxation, and escheat
Eminent Domain
the government’s right to take land for public use in exchange for compensation
Escheat
the government’s right to take unclaimed property - typically when someone dies without heirs or if the property is abandoned
Police Power
Has nothing to do with the police, but rather refers to how the government (state, local, municipal, etc.) regulates the use of real estate in order to protect the health, safety, and welfare of the community.
Zoning Regulations
regulations that dictate whether or not you can use a property for residential, commercial or industrial purposes, typically set up by local governments.
Master Plan aka Comprehensive Plan
A long-term planning document. It establishes the framework and key elements of a site reflecting a clear vision created and adopted in an open process. It synthesizes civic goals and the public’s aspirations for a project, gives them form and organization, and defines a realistic plan for implementation, including subsequent approvals by public agencies.
- -helps localities establish and enforce rules that dictate how development occurs
- -typically includes restrictions on buildings and other structures, such as the setback, size, height, shape, and other features
- -includes occupancy limits, parking structures, suburban and rural residential districts and both commercial and private land use
- -incorporation of community facilities (i.e., libraries, public schools, fire & rescue facilities, etc), sustainability goals, public and commercial transportation and protecting scenic views
Commercial vs. Industrial real estate
industrial developments are generally areas established for manufacturing; commercial use is any activity, business or investment that operates for profit (ex: strip mall, insurance company or hair salon)
Mixed-use Properties
Residential and Commercial property all in one building
Net migration
the difference btwn the number of people moving into an area and the number of people leaving a region - determines how many schools are needed, type and number of roadways necessary to allow the safe non-congested movement of food and other goods, infrastructure and recreational areas that improve the quality of life for residents
Building Envelope
A building envelope is the maximum three-dimensional space on a zoning lot within which a structure can be built, as permitted by maximum height, yard controls, and lot coverage. One of the main goals of a zoning analysis is to determine the building envelope. A building envelope is also referred to as the “bulk” of a building.
Floor Area Ratio (FAR)
The floor area ratio, also referred to as FAR, is the principal bulk regulation controlling the size of buildings–maximum allowed “buildable” square footage on a property. FAR is the ratio of total building floor area to the area of the zoning lot. Each zoning district has a FAR control which, when multiplied by the lot area of the zoning lot, produces the maximum amount of floor area allowable in a building on the zoning lot.
–For example, on a 10,000 square foot zoning lot in a district with a maximum FAR of 1.0, the floor area of a building cannot exceed 10,000 square feet.
Lot Area
The area (in square feet) of a zoning lot.
Lot Coverage
That portion of a zoning lot which, when viewed from above, is covered by a building - maximum square feet a building can cover on the property stated as a number or percentage of the property’s area
Variance
The authorization to improve or develop a particular property in a manner not authorized by zoning. Never assume that a variance will carry onto the next owner, always verify with local zoning authorities if the variance will stay in effect after the property is sold, significantly modified, or torn down.