Quote from @Zachary Harrison:
What type of new construction are you referring to? Single family, multi-family, apartments? I am looking at building a single family home and it won't take YEARS. I see you are in Orlando so interested in more context of this post/is there something I am misssing. My market has 15k-20k people to so that can make a differene too.
Hey @Zachary Harrison, good question!
The development i'm talking about is taking raw/un-entitled land and turning it into a larger development with finished homes/townhomes/multifamily.
For example, we have a few projects (40-50 acres) that we've been working on for over two years that have another 6-8 months until we are able to move dirt. The two years consisted of negotiations with the land-owners, site tests, city planner meetings, city commission meetings, etc. For the next 6-8 months, we will be meeting with the city to confirm the building plans and permitting.
I assume the Single-Family new construction you are referring to is land that has already been subdivided and is already zoned to allow for SFH. Which would shave off significant time.
We also build Single Family homes on scattered lots (.25acres +/-) that have been subdivided. This takes us about 2-6 months for permitting and another 6-8 months for construction (depending on the municipality).
