Vertical Development definition

Vertical Development means the physical construction of improvements that will result in a use that is part of the Project but does not include parking or horizontal infrastructure, whether performed by or on behalf of Owner, a Vertical Owner, other Persons or combination thereof.

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Vertical Development means and shall be deemed to include the construction of new residential units and non-residential units or the reconstruction or addition to any structure.

Vertical Development means and shall be deemed to include the construction of new residential units and non-residential structures or the reconstruction or addition to any structure. “Vertical Development” shall not mean nor be deemed to include the construction of any new structure or the reconstruction or addition to any structure specifically for the use of the existing or future agricultural operations.

Examples of Vertical Development in a sentence

• The parties have determined that as of the date of this Agreement there is no public assistance to the Vertical Development of the Development Property; therefore, the Living Wage Ordinance does not currently apply to development of the Development Property.

• However, when and if there is a publicly financed or credited business subsidy for an Element of Vertical Development, then that specific Element will be subject to an independent legal determination as to application of the Living Wage Ordinance.

• The Parties acknowledge that except as otherwise provided for certain Commercial Lots described in Section 17.2 hereof, and Required Improvements, there shall be no Outside Date for the Transfer or Vertical Development of Market Rate Lots and Commercial Lots.

• Under the Community Benefits Agreement, Developer hosts workshops from time to time as part of a Vertical Development Community Benefits Workshop Series (as defined in the Community Benefits Agreement).

• In order to ensure that no Vertical DDAs/LDDAs are approved that would cause these parking ratios to be exceeded, this Section of the DDA provides for a mechanism for the Authority to approve, and Developer to allocate, off-street parking for Vertical Development.

More Definitions of Vertical Development

Vertical Development means the physical construction of improvements that will result in a use that is part of the Project but does not include parking or horizontal infrastructure, whether performed by or on behalf of Owner, a Vertical Developer, other Persons or combination thereof.

Vertical Development means and be deemed to include the construction of or the addition to any existing structure.

Vertical Development means all of the construction, design, planning and other work performed on or with respect to the Acquired REO Property or real estate securing a Loan (other than Horizontal Development), which shall include without limitation, the construction of (i) foundations, columns, girders, beams, supports, exterior and main walls, interior walls, structural columns, concrete floor slabs and structural floors, exterior ceilings, roofs, stairs, stairways, glass facades, fire stairs, stairs and entrances and exits; (ii) within the building, central, and to the extent applicable, individual unit and appurtenant installations for services and utilities such as power, light, hot and cold water, heating, refrigeration, air-conditioning, ventilating and pipes, wires, conduits, ducts, vents and other services and utility lines which are used in connection therewith; and (iii) elevators, fire-safety and other emergency systems, tanks, pumps, motors, fans, compressors and ducts and similar apparatus and installations; provided, that in all events “Vertical Development” shall exclude applicable uses of Servicing Expenses to the extent required in accordance with clause (B) of the proviso appearing as the last paragraph of the definition of “Servicing Expenses”.

Vertical Development has the meaning set forth in Recital I. Article 2‌

Vertical Development means development within the Village Core area and surrounding areas suitable for commercial, condominium and other residential and related improvements.

Vertical Development means the remaining improvements constructed or to be constructed as part of the Riverfront Place Project, but specifically excluding the TAD Project

Vertical Development means the construction of the Highside Market by or on behalf of 211 13th, LLC on the Highside Market Tract.