ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%
ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%
ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%

Can I use the Live Local Act on land I already own?

Yes. The LLA applies to existing parcel ownership. You do not need to acquire new land to use the Act. An owner of a commercially-zoned strip center, office building, parking lot, or industrial facility can submit an LLA application on their existing parcel without any ownership change. The process is identical whether you own the land outright or are proposing to acquire it. The more common scenario is: a developer or investor identifies a commercially-zoned parcel owned by someone else, negotiates a purchase and sale agreement (or a purchase option) contingent on LLA entitlement, submits the LLA application as an authorized representative of the prospective buyer, and closes on the land acquisition after the LLA approval is issued. This contingent-acquisition structure is the standard LLA land play: the developer controls the land through an option while proving out the entitlement, then closes on the purchase and converts it to residential development or sells the entitled land to another developer at the LLA land premium.