Tag: site control
Getting It Under Control: Acquiring Property for Redevelopment (Part 2)
January 3, 2019
In the previous post of this two-part series, we discussed how a purchase agreement with an extended due diligence period could be used to obtain site control of properties with redevelopment potential. We also discussed the specific negotiable terms of assignability, due diligence, earnest money, a … Read more
Getting It Under Control: Acquiring Property for Redevelopment (Part 1)
November 27, 2018
Local governments in North Carolina that seek to shape or spur downtown development must often gain site control of properties that have strong redevelopment potential. Frequently, a site with strong potential is privately owned, and a savvy local government will first need to obtain site control be … Read more