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Omar Torres
  • Investor
  • Dallas, TX
2
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What are steps to REZONE 11 acres to RESIDENTIAL?

Omar Torres
  • Investor
  • Dallas, TX
Posted

Hey BP community, I'm a newbie when it comes to rezoning!

Our company recently went under contract for 11 acre in Mesquite, TX (HOT MARKET) at what I would think is a steeeep discount..the only way to really know if it's a smoking deal though is to find out if the city will allow us to build.
The land is currently zoned AGR-NEC & would like to rezone to SFR or MF to build apartments
My concerns are there's large power towers & a small creek running through a portion of the land, don't have a survey on hand either.

If anyone has experience dealing with city on rezoning & wouldn't mind dropping nuggets, I would greatly appreciate it! 
Interested to be an equity partner on this deal shoot me a DM! 

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Scott Krone
  • Investor
  • Northbrook, IL
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Scott Krone
  • Investor
  • Northbrook, IL
Replied

@Omar Torres That is a very large and extensive question. The first step we do is review the local municipal codes regarding a PUD (Planned Urban Development) or Re-zoning a property or Zoning a Sub-division, as well as the Comprehensive Plan. Each municipality describes it differently, and has their own process. Once we are familiar with the process we meet with the City Planner or Zoning Administor to ascertain their thoughts on the receptivity of the municipality's governing board. If the planners don't support it or think the city won't support it, you have a challenging task - which is why we rely upon the Comprehensive Plan if there is one.

Assuming we have a tenative green light, the code should outline what is required for the process, and the planner should be able to clarify the requirements.  A site that large will most likely need an architect, civil engineer, traffic consultant, impact engineer, attorney, and perhaps a wetland engineer if there is a creek.  It all begins with a survey!  Obtaining that is the first step.

  • Scott Krone
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