Designated development zones are areas* which a dedicated public authority or body decides to develop.
* These areas are usually acquired by the authority or body, with a view to subsequently selling them off or granting them to public or private users.
This definition explains why the designated development zone scheme, contrary to housing development operations or building permits authorising division, is the result of a public initiative since a private person/entity would not be authorised to implement this type of procedure.
How is this development project?
The public entity initiating the operation may decide to develop the zone themselves or contract the development out to another public or private person (the contractor).
During or after the development phase, the land will be sold for public and/or private amenities or buildings to be installed on it.
The Notaire and designated development zones
Having such sales handled by a Notaire is an opportunity to establish high-quality long-term relations with local and regional authority departments so that such zones are developed in a way that guarantees transparency and security.
This applies to both buyers and sellers (proper application of regulations, specifications) and ensures that the budding urban zone is developed consistently.
The Notaire thereby fosters interaction between public and private players.
