Real estate developer’s committee growth is the result of real estate investment speculation. Investors seek to purchase land they believe will meet their needs or the needs of their clients as they attempt to buy this property at the lowest possible price. Typically this land is zoned for less intense use and therefore with a lower cost basis. Development interests and planning teams attempt to have the land rezoned and often refer to this process as value added. This will require considerable outreach to secure public support. This requires the preparation of materials that can support public presentations. In some cases, the zoning attorneys reportedly have an agreement that allows a percentage of the value added as the basis for their fee. The work involved in preparing public presentation material and its discussion often represent the only advocacy effort intended to shift the patterns of human settlement. The composition of the result of a number of these efforts can affect a comprehensive plan. A number of Real Estate interests have staked out positions in the Dulles Corridor anticipating the increased value that will result from the arrival of the Metro.
If the metro system in Tysons has an elaborate and elegant combination of walkways and additional entertainment stations paid for by the money saved from not building tunnels, the Real Estate market in the Dulles Corridor will be put in a more competitive advantage. Many of the improvements to the system in Tysons will allow the system to function in a first class manner which will help additional investments in the corridor, including the airport. Preparation to meet the competition requires some cooperative planning by the corridor stake holders to insure effective return on investment.
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