Land Held for Development definition

Land Held for Development means Entitled Land being held for development which is zoned to permit single-family residential development (attached or detached) as a use by right (or comparable classification under local law) but which is not developed.
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Land Held for Development means any unimproved Real Estate Asset which is not Land under Development.
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Land Held for Development means Entitled Land which is not being presently developed.
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Examples of Land Held for Development in a sentence

  • Estimated market values for Land Held for Development are based on the estimated buildable SF and marketable units at estimated market pricing.

  • A local education agency that selects an assessment from the Menu of5 Assessments pursuant to this policy shall administer the selected assessment at6 the school identified in the notification prescribed in paragraph 9 for at least three7 consecutive academic years.

  • As a result of the settlement, both Land Held for Development and Accounts Payable were decreased by $10,555,000 in fiscal year 2012.

  • Property for Sale, Land Held for Development, and Other ProjectsThe Independent Financial Advisor has prepared financial projections of MK from received information, as well as interviews with the management of MK based on a conservative basis in order to obtain key assumptions.

  • Land Held for Development We have direct or indirect ownership interests in four parcels of land held for future development, containing an aggregate of approximately 422 acres located in three states.

  • Land Held for Development and Sale and Cost of Land Sales Land held for development and sale consists of unimproved land and costs related to improvements including infrastructure and other capitalizable project costs.

  • Land Held for Development We wholly owned 261 acres of development land at December 31, 2019.

  • Land Held for Development: Pre-Development:A Phase 1 environmental assessment on land earmarked for development shall be conducted prior to the acquisition of the land to establish an environmental condition.

  • Land Held for Development and Real Estate Obligations Due to The City (continued) The following table summarizes land held for development and real estate obligations due to The City for the fiscal years ended June 30 (dollars in thousands): 20232022 225 125th Street, B1790, L12 $ 1,972 $ 1,9722309–2313 3rd Avenue, B1790, L3, 49858858236 East 126th Street, B1790 L31183183246 E.

  • Land Held for Development Land held for development consists of land held for future development where no significant development has been undertaken and is stated at cost less impairment loss (if any).


More Definitions of Land Held for Development

Land Held for Development means (i) Real Property Assets upon which no material construction of material improvements has been commenced; all such Real Property Assets that constitute Land Held for Development will continue to be deemed Land Held for Development until such time as the chief financial officer or chief accounting officer of Borrower and/or the Company shall certify to the Administrative Agent that material construction of material improvements has commenced thereon; and (ii) Real Property Assets upon which development of improvements has commenced but which are 50% or less pre-leased; all such Real Property Assets that constitute Land Held for Development will continue to be deemed Land Held for Development until such time as the chief financial officer or chief accounting officer of Borrower and/or the Company shall certify to the Administrative Agent that the improvements thereon are greater than 50% pre-leased.
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Land Held for Development means land acquired and held for future development but which does not constitute Construction in Process.
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Related to Land Held for Development

  • Cluster development means a contiguous cluster or

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Lots Under Development means, as of any date of determination, parcels of land which are, as of the date of determination, being developed into Developed Lots or which are scheduled for the commencement of development into Developed Lots within six calendar months after the date of determination, and which Borrower has designated as “Lots Under Development” in the most recently delivered Inventory Summary Report.

  • Housing development as used in this section, means a development project for five or more residential units, including mixed-use developments. For the purposes of this section, “housing development” also includes a subdivision or common interest development, as defined in Section 4100 of the Civil Code, approved by a city, county, or city and county and consists of residential units or unimproved residential lots and either a project to substantially rehabilitate and convert an existing commercial building to residential use or the substantial rehabilitation of an existing multifamily dwelling, as defined in subdivision (d) of Section 65863.4, where the result of the rehabilitation would be a net increase in available residential units. For the purpose of calculating a density bonus, the residential units shall be on contiguous sites that are the subject of one development application, but do not have to be based upon individual subdivision maps or parcels. The density bonus shall be permitted in geographic areas of the housing development other than the areas where the units for the lower income households are located.

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • Non-profit housing development means development of a building or structure intended for use as residential premises by,

  • Assets Under Development means all Real Property, or phases thereof, that is under construction or development as an income-producing project in a diligent manner and in accordance with industry standard construction schedules, but for which a certificate of occupancy has not been issued.

  • Floodplain Development Permit means any type of permit that is required in conformance with the provisions of this ordinance, prior to the commencement of any development activity.

  • Stormwater management measure means any practice, technology, process, program, or other method intended to control or reduce stormwater runoff and associated pollutants, or to induce or control the infiltration or groundwater recharge of stormwater or to eliminate illicit or illegal non-stormwater discharges into stormwater conveyances.

  • Stormwater management planning area means the geographic area for which a stormwater management planning agency is authorized to prepare stormwater management plans, or a specific portion of that area identified in a stormwater management plan prepared by that agency.

  • Affordable housing development means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable development.

  • Standard Methods for the Examination of Water and Wastewater means the most recent edition of Standard Methods for the Examination of Water and Wastewater published jointly by the American Public Health Association, the American Waterworks Association and the Water Environment Federation;

  • sustainable development means development which meets the needs of the present without compromising the ability of future generations to meet their own needs.

  • Urban area means Maricopa and Pima counties, excluding Tribal Lands.

  • urban areas means the areas covered by all Municipal Corporations and other Municipalities including the areas falling under the various Urban Development Authorities, Cantonment Authorities and industrial estates or townships, excluding the areas covered under Class-I Cities;

  • Redevelopment means areas where development is replacing older development.

  • land development area means an erf or the land which is delineated in an application submitted in terms of this By-law or any other legislation governing the change in land use and “land area” has a similar meaning;

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • Social development company means a company whose primary purpose in Sudan is to provide humanitarian goods or services, including medicine or medical equipment, agricultural supplies or infrastructure, educational opportunities, journalism-related activities, information or information materials, spiritual-related activities, services of a purely clerical or reporting nature, food, clothing, or general consumer goods that are unrelated to oil-related activities, mineral extraction activities, or power production activities.

  • Affordable development means a housing development all or a portion of which consists of restricted units.

  • Planning area means a planning area or a development area or a local planning area or a regional development plan area, by whatever name called, or any other area specified as such by the appropriate Government or any competent authority and includes any area designated by the appropriate Government or the competent authority to be a planning area for future planned development, under the law relating to Town and Country Planning for the time being in force and as revised from time to time;

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Flood-related erosion area management means the operation of an overall program of corrective and preventive measures for reducing flood-related erosion damage, including but not limited to emergency preparedness plans, flood-related erosion control works and floodplain management regulations.

  • Mixed use development means a Building used, designed or intended for Residential and Non-Residential uses, where:

  • Finished Lots Entitled Land with respect to which (a) development has been completed to such an extent that permits to allow use and construction, including building, sanitary sewer and water, are entitled to be obtained for a Unit on such Entitled Land and (b) start of construction has not occurred.