Your agent should be able to help you develop a Scope of Work.

$2.5B New Center by Henry Ford Health, Pistons owner and Michigan State Universityhttps://www.clickondetroit.com/news/local/2023/02/08/incredible-investment-in-our-city-25b-detroit-neighborhood-redevelopment-to-begin-in-2024/$1.5B Investment, 12,000 temp jobs, 6,000 New Jobs: District Detroit Developmenthttps://www.detroitnews.com/story/business/2022/11/15/district-detroit-1-5b-development-to-include-housing-retail-hotels/69649853007/$1.4B Total as Hotel Added to Hudson Sitehttps://www.detroitnews.com/story/business/2023/11/02/hudsons-site-hotel-plans-move-ahead-as-city-issues-permit/71426631007/$439M Gilbert Foundation investment in Detroithttps://www.henryfordmsu.org/news/september-2023/gilbert-family-foundation-announces-nick-gilbert-neurofibromatosis-research-institute$400M Investment, 517 New Jobs: Norway’s Nel Hydronhttps://businessfacilities.com/nel-hydrogen-will-build-400m-gigafactory-in-southeast-michigan#:~:text=In%20Southeast%20Michigan-,Nel%20Hydrogen%20Will%20Build%20%24400M%20Gigafactory%20In%20Southeast%20Michigan,green%20hydrogen%20using%20electrolyzer%20technology.$300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reached$200M Chase Investment in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investment$44M Investment, 237 New Jobs: Bollinger Motorshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/$21.5M Investment for Detroit west side Dexter Neighborhoodhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/$20.6M Investment, 186 New Jobs: BorgWarnerhttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs$11M, 200 New Jobs: Volkswagen Scout Brand Investment in Detroithttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/327353923 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/Contact us with any questions you have.

Matt & Geoff, GNW Development

Interesting, idk how they develop and build that but definitely worth looking into

Markets like Columbus, Ohio are great for this because you can still find single-family rentals or small duplexes in the $120K–180K range that hit the 1% rule and cash flow from day one, while the city’s strong population and job growth, plus major developments from companies like Intel, Amazon, Google, Honda, and Facebook, give you long-term appreciation potential.

Once that’s clear, the decision to lean in or wait tends to be much cleaner. comes down to location and jurisdiction.. if your an expert in a certain local and jurisdiction you can take more risks.. if you are new to this or dont know how the city operates you want to take less risk. for me if I am looking at a deal in an area I dont know or have ever developed in I will hire a Good Civil and pay for a due diligence package based on their experience in the market place this is usually 5 to 10k .

I would love to know this too as I am looking for a mastermind group to join and help with knowledge sharing, learning, skill development, conacts/networking, accountability and of course fun...which is highly underrated. 

I reached out to a few of the new construction developers to get a sense of their current pricing.

Land costs a fortune there so they have to go into the retail prices of any future development, which is a protection against overbuilding putting pressure on price and short-term rental rates and a protection against competition for property owners.

We run a small real estate investment company -- we invest in real estate development deals alongside a small group of investors (we don't do broad syndication).