The success of any commercial construction project hinges on careful planning during pre-construction, but when developing within the confines of tight rules and regulations like those put forth in the Live Local Act (LLA), it becomes all the more important to arm yourself with the right team early on. Hiring an experienced construction consultant who understands the nuanced details of the LLA as well as regulations throughout the tri-county area can save you time and money while expertly steering your project toward success.

The right team will guide you through these and other considerations early during pre-construction:

• LLA compliance requirements – The LLA mandates specific criteria for housing developments to qualify for the act’s benefits, including affordability requirements. During pre-construction, it’s essential to understand how local Area Median Income (AMI) impacts rental income projections and overall financial feasibility.

• Site feasibility and zoning allowances – Location is critical to any development, but under the LLA, certain locations may offer additional advantages, like density bonuses or adjustments to Floor Area Ratio (FAR). Evaluating the site’s zoning restrictions and working within the LLA’s guidelines to understand available density and FAR adjustments can help you optimize land use. Additionally, consider how the property’s proximity to transit hubs may allow you to reduce parking requirements, which can free up space and save money.

• Engage with local planning authorities early – While the LLA offers state-level preemptions, local permitting, zoning codes and building regulations still play a critical role. Navigating all this can be intensely time-consuming if you don’t know your way around the process. Once again, partnering with a local consultant or contractor who has established relationships can prove beneficial.

• Prepare financial projections – Affordable housing developments typically require significant upfront capital and ongoing funding. Pre-construction is the time to evaluate financing options, which may include tax incentives or grants specifically designed for housing projects under the LLA.

• Develop a realistic timeline – Like most projects, workforce housing developments can face challenges in terms of deadlines. During pre-construction, establish a detailed timeline that accounts for each stage of development to help prevent delays and keep the project on track.

Contact Us at Seacoast Consulting Group for Guidance

Pre-construction planning is the foundation of any successful housing project, and it’s especially critical for Live Local Act projects. For guidance on LLA housing projects in Broward County and throughout South Florida, including feasibility assessments, site preparation and regulatory compliance, contact our team at Seacoast Consulting Group.