With oil below the breakeven level for almost all American shale basins, I just don't see how it's possible for shale production expansion to continue in the near term.

NOI x GRM with enough room to debt service AS IS without expansion, infill, etc.

In a similar vein, many park owners lobby local governments to stop the expansion or new development of parks in the name of progress.

Real estate entrepreneurs who envision the future development of each neighborhood, of the metro's expansion (north, south, east & west,) have a staked interest in both profiting from & improving on what the city fathers started long ago.

If it's a large national fitness chain they usually DIVE DEEP on a developer to make sure they can perform on time and do what they say they can do.If the chain makes announcements for opening dates and expansion plans etc. and developer has problems it can look bad on their brand to the consumers.

I just bought a SS facility in the mid west and we were talking yesterday about expansion there is a hill behind us that would take a bunch of excavation. 

Since ADU can be it’s own structure, sqft per sqft it might be worth more than an addition (expansion) to the house.

And $190M in facility upgrades2) In Downtown the Mass Ave district has been revamped and would probably be unrecognizable to you today: converted Coca-Cola bottling plant to a beautiful Art Deco hotel, movie theatre, food hall, fine dining...that's just one block3) IU Health (near Northside) announced in January a $4.3B expansion, making it the largest of its kind in the United States history4) Elanco - a subset of pharmaceutical giant, Eli Lilly (also HQ here) - broke ground last summer on their project, which will employ 100k people, valued at $160M.Indianapolis is no longer the sleepy "Nap Town" that you remember from the 90's.

So you can have a smaller cash reserve per property to allow for expansion, if that is your goal. 

Check out the SLC airport expansion.