development rights

development rights

A property owner’s entitlement to develop land in accordance with local land-use regulations.
References in periodicals archive ?
CSFB, which has a 15-year lease in place for its office space in the building, will share in half the development rights.
Investors will be provided a secured interest in real property and development rights which currently is owned free and clear by Strategic Urban Development Alliance, LLC (SUDA).
75 million bridge loan from Canyon, Naman acquired another West Chelsea property, with development rights, at West 24th Street and Tenth Avenue.
Full-service floral shops are opening in the United States and internationally through the sale of area development rights, franchising opportunities and licensing arrangements.
A 7,500s/f parking lot with 90,000 buildable s/f of development rights in East Tribeca for $25,000,000.
Supervisor Frank Schillo said he would support Flynn's motion, but only with an amendment establishing an Open Space Conservation District to purchase development rights on farmland owned by families whose children want to work outside the agriculture industry.
NASDAQ: CHKR) ("Checkers") in the Circuit Court of Pinellas County, Florida, case number 93-001470, by a corporation claiming franchise and territorial development rights in the Dallas market area.
The sale of the seven restaurants and return of the area development rights also gives Sbarro Inc.
Rose said he hopes the eventual buyer will sell the development rights at a discount and take the difference as a tax write-off.
Lynda Blumberg and Josh Goidflam have been retained exclusively to re-sell 48-52 Franklin Street, a 7,500 s/f lot with 90,000 s/f of development rights in Tribeca.
5 percent, would supplement state, federal and foundation grants needed to buy open space as well as development rights to farmland.
The license agreement was subsequently amended to broaden Curis' development rights to include topical applications to treat or prevent skin diseases or disorders.

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