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- Landpool (def.) – A business partnership to unify planning of
ecologically and economically linked properties, in an equitable and
efficient manner.
- Landpools integrate politically and publicly accepted planning processes
with individual property owner needs to enable implementation of
regional plans.
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- Business Entity
- Conservation Mechanism
- Planning Tool
- Opportunity
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- Increased control
- Property owner directed and funded
- Property values determined as much by individual property
characteristics as neighboring properties’
- Efficiencies
- Planning, Development, Finance, Agriculture
- Reduced risk
- Unplanned development
- Entitlement and Assembly
- Negative externalities
- Greater Predictability
- Plans secured and maintained for long term by financial sector
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- Integrate property owners needs with broader social goals and local
municipal control
- Prevent fragmentation of natural resources and habitats, provide
buffering of and connectivity to protected patches
- Increase property values and real estate investment liquidity
- Capitalize upon new economic opportunities, particularly forthcoming
ecosystem service markets, recreation, and branding
- Deliver more complete information for development decision-making
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- Organize
- Delineate
- Draft Scheme
- Form
- Implement
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- Coordinate:
- Project Goals – Preservation, Conservation, Development, Redevelopment
- Partners – Property owners, Agencies, Investors
- Resources – Data Sources, Incentives, Programs, Grants
- Suitability Analysis
- Assemble and quantify ecological and economic data
- Obtain individual and regional requirements and objectives
- Delineate approximate Landpool boundary
- Perform base line appraisal (can be estimated)
- Equity basis determined according to percentage of total market value
or by points-based appraisal
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- Establish membership and entitlement requirements
- Members -(FL) Charter Members that form and assign rights to Landpool
- Supporters - (S) Purchase right of refusal or option
- Holdouts - (H) Require outright acquisition or avoidance
- Interpret data and determine opportunities / constraints
- Parcels
- Participants
- Resources
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- Yes, No, Maybe
- Those areas that will, will not, and may be developed over time.
- Draft conceptual plans that achieve project participant goals
- Consolidate to best, achievable plan
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- Plan Development within designated development area
- Plot reallocation / sales plan
- Potential land rent (i.e. recreation, tourism)
- Sale / Leaseback of agricultural land
- Sale / Joint venture of development parcels
- Implementation plan
- Cost estimates
- Financial plan
- List of implementation measures
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- Finalize Landpool Plans
- Landscape
- Business
- Finance
- Obtain Approvals
- Create legal business entity
- Limited Liability Company
- ‘C’ Corporation
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- Execute plan according to draft scheme
- Initiate development, recreation, and enhancement programs
- New venture development
- Place conservation easements
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- Sprawl…
- Fragmentation of resources...
- Lost potential…
- Lost local
- character…
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- Provides private, market-based mechanism to implement the best of
regional and local planning techniques
- Added value is directed to participating Landpool Members
- Environmentally sensitive or agriculturally productive land can be
protected
- Development can be concentrated, efficient, and locally appropriate
- Redevelopment can be initiated and financed in most suitable locations
and timeframes
- Landpool equity creates income stream for shareholders regardless of
development location
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