Texas real estate investors and developers who have purchased land for specific development purposes must file plans with the local government for project approval. If you are new to commercial real estate, you may find that you cannot develop the property you already own as initially intended. We frequently help clients navigate complex zoning requirements and land use regulations.
The World Bank reports that zoning and land use are two common regulation tools that local, state and federal agencies use to ensure development meets current and future needs in a particular area or region. New projects must address various factors, dictated by the location and purpose. Transportation and economic trends are also considered, based on population and the parcel of land involved, if you have to file waivers.
Historic preservation
Cities and towns in Bell County, including Temple, address historic preservation in their Unified Development code. If your development plan includes historic landmarks, areas, and places, you must obtain a Certificate of Appropriateness and receive the city council’s approval. If your project requires exterior alterations to existing structures on landmark property, the architectural style and other features must meet current guidelines.
Interstate 35 corridor
The I-35 Corridor Overlay zoning district has four sub-districts. They are as follows:
- Convention
- Industrial
- Gateway
- Retail
All have general requirements, and additional regulations dictate various factors based on the specific sub-district.
Architectural and landscape design requirements apply to the project scope. Submission requirements and the design review process are complex. Regulations address every aspect of the property from tree preservation and frontage to parking, trash and loading zones.
As a real estate investor or developer, maximizing potential profit and minimizing financial exposure are priorities. Understanding the steps necessary to get the green light is critical for a successful project.
