4. When justified by sufficiently relevant and credible evidence, the Board or special magistrate should
Value Adjustment Board (VAB) · 2026-05-14 · agenda_item
A vacant parcel of land zoned for multifamily development is currently unable to be developed due to a lack of sewer capacity. This situation is expected to change in two to three years, allowing for multifamily development. The property is under review by the Value Adjustment Board. This review process involves assessing property values, which may lead to future development opportunities. Contractors, suppliers, and service providers should monitor this situation as it progresses. Early engagement before site plans, bids, and permits are finalized could provide a competitive advantage when development becomes feasible.
- percentage adjustment
- 15 %
- average value per square foot
- 2.14 $/SF
Industries that could win this work
- Engineering & Architecture
- Accounting & Tax
- Appraisal & Inspection
- Site Prep, Grading & Hardscape
- General Contractor
- Utilities (Sub)
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