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Pre-development

Pre-development is the stage where a project is defined, evaluated, and positioned for entitlements and financing, typically including site control, feasibility analysis, early design, and stakeholder engagement. In New York frameworks, this period often encompasses the initial sequencing of zoning actions and required environmental review steps prior to formal public review clocks.

Where it applies
General (with NYC/NYS procedural overlays)
When it comes up
Pre-development
Property types
All

In practice

"Pre-development duration" is frequently underestimated in entitlement-heavy projects; operators should structure milestones around review clocks (e.g., ULURP) and environmental deliverables (EAS/EIS).

Related terms