Hello BP world,Haven't many discussions about New Construction efforts, is there anyone in BP that is currently doing it in their Area.What are your successes, challenges, etcGlad to get your feedbackBrett WiningerEva...

Thanks Robert for the input

One familiar reason is NIMBYs ...while it is important that local residents have input on new housing, their resistance to new development is "heightened" especially in coastal California, and it's slowing down the ability of developers to build more housing to alleviate the stress on the limited housing supply. - sourceAnd while the average project approval time for new construction is about four months nationally, it takes eight months on average in L.A.To recap, here are some of the challenges inhibiting development in LA:Getting entitlements for new development is expensive and timelyNIMBYism and the control of local communities over the planning process adds tremendous risk as a project could be stopped due to law suits, lack of approvals, or requirements which make deals unprofitableThe high cost of land and entitlements coupled with a lack of incentives restricts the pool of developers who can afford to developBecause it is so challenging to develop and because we have such a shortage of housing, developers can only make their deals profitable if they target high-end buyers, further contributing to macro-gentriction wherein only the affluent can own homesThat said, it isn't impossible for a developer to develop.

John Kent  thanks so much for the input.

I appreciate the input.

@Jared Leonhardt  thanks for the input. 

Thanks for the input, guys.

I've been primarily looking at retail spaces that houses companies like Walgreens, CVS, etc.Any input is great!

3) Outdoor - from bandit signs, to billboards, to complete car wraps...4) TV spots Hello Dev,Thanks a lot for your input, I have a fear of bandit signs lol I've placed around 150 bandit signs in a targeted area and with 24 hours received a lot of calls, but all was of properties with almost no equity.

Thanks for the fast input guys.