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Redevelopment |
Real Estate: RedevelopmentThe revitalization of urban areas has created a market for urban redevelopment and infill projects. Working within this environment brings a unique set of challenges for those involved in the financing, purchase, development, use and sale of real estate. As opposed to the development of large tracts of unimproved land in suburban areas, redevelopment projects involve the adaptive re-use of property (and sometimes structures) within developed urban areas. To do redevelopment right, you need a legal team with broad and deep experience within the real estate industry—a legal team that knows the law and knows your business. At McDonough Holland & Allen PC, we can be your sole legal source for advice, planning, transactions and dispute resolution in redevelopment projects. In fact, when it comes to Redevelopment in California, we wrote the book—literally. This book contains the latest developments in statutory and case law. We serve many redevelopment agencies as special counsel, providing them with day-to-day advice and formal opinions. Much of this work comes through our involvement with the California Redevelopment Association. We participate in the formulation, adoption and implementation of redevelopment plans and projects. We negotiate, draft and review development agreements, leases and other related documents. Our banking and financial services lawyers help redevelopment agencies structure the financing of redevelopment projects, utilizing federal grants, agency participation in profits, certificates of participation, lease and parking revenue, and assessment districts. We can help with tax increment financing of agency notes, various types of bonds, and city loans and advances. In all of these areas, we assist private redevelopers as well. Affordable housing is often an important component of urban redevelopment. As part of our redevelopment services to clients, we have extensive knowledge and experience in transforming closed military bases to mixed-use residential, commercial and industrial uses and remediating hazardous/toxic substance sites. We have the resources in our firm to deal with almost any issue related to military base closure, redevelopment and environmental issues. Our clients are individuals, public and private companies, government agencies, and institutions. They are owners, operators, investors, lenders, insurers, developers and builders who focus their efforts on urban redevelopment and infill projects. When it comes to redevelopment law for the real estate industry—whether advice, planning, transactions or dispute resolution—the lawyers at McDonough Holland & Allen PC will do what it takes to help you “Do it right.” For more information about the firm’s redevelopment capabilities, please see the Redevelopment page within the Public Law section of this web site. |
MHALaw Search KEY CONTACT916.325.4538 Redevelopment GroupPublications
2008 Community Redevelopment Law of the State of California Industry AffiliationsLegal Alerts |
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