Landbanking for large development
Can anyone point me to best practices for acquiring 10-20 parcels for a larger development? 
[{"id": "dduh21q", "text": "Well for starters it has to be zoned pretty unfavorably. For an assemblage to work the properties have to be worth more as a sum than they are individually, which nowadays almost exclusively means re-entitlement for residential use. And that requires pretty significant political capital.\n\nUnless you're talking about a bunch of smaller lots in a more urban location, which could take so so long to acquire that the economics would rarely work", "replies": [], "depth": 1}, {"id": "ddv046u", "text": "I'm in the midst of assembling 10 acres in downtown Memphis (relative easy political market for developers) for future redevelopment. Not sure on best practices but happy to share experiences. Roughly 3 years in, planning to start construction on first phase of apartments this fall. ", "replies": [], "depth": 1}, {"id": "ddv1qtt", "text": "I would start by discussing your plans with your city's zoning officials and neighborhood representatives. Unless the whole assemblage is zoned for your use, you are beginning a long journey.", "replies": [], "depth": 1}, {"id": "ddvkycx", "text": "Sign confidentiality agreements as early as you can regarding the options or purcha. If neighbors start talking, you'll get holdouts.", "replies": [], "depth": 1}, {"id": "de5tod2", "text": "Some good ideas presented...", "replies": [], "depth": 1}]