Tag: Real Estate Development
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Splitting Lots: What It Takes to Subdivide a Piece of Property
Trying to purchase land and subdivide it? Or hoping to split a lot you have? It could be harder than it seems. Subdividing land involves dividing a single property into smaller parcels. Local governments often greenlight companies that create large subdivisions, as they can boost local tax bases and economies. In a parallel way, an…
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Affordability Update: Costa Mesa’s Epic Struggle
The commissioners of Costa Mesa, California have agreed to a new affordable housing law. The city of Irvine, also in Orange County, passed one more than two decades ago. And nearby Santa Ana is a serious supporter of affordability. Now, Costa Mesa is trying to follow suit. Friction is inevitable. Regulating for affordability means pitting…
