Search
 

Developers: Build Out Studies Are Unrealistic and Could Spark Backlash

BOSTON-Local developers are concerned over a recent series of state-funded studies that evaluate the potential development in communities across the state. Developers contend that the studies are unrealistic and could provoke a backlash against building.

By Naomi Grossman | Updated on December 20, 2000

BOSTON-A recent series of studies on build-out potential in communities across the state have raised concerns among developers here who fear a backlash against building. The state-funded studies look at how much development each town could expect if all available land was built on.

“The state has decided to provide communities with a look at how it would be if everything was built to the zoning maximum,” David Begelfur, head of the National Association of Industrial and Office Properties, tells GlobeSt.com. “But it’s not a realistic picture. It becomes a sticker shock and the downside is communities could close their doors to development for fear of onslaught.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.