When is a property owner required to enter a Development Agreement?

A property owner is required to enter a Development Agreement when their proposal does not meet zoning requirements. This is because a Development Agreement serves as a formal arrangement between the property owner and the local government that allows for flexibility in the use of the land while still ensuring compliance with the overall planning goals and regulations of the community.

When a proposal is inconsistent with existing zoning, a Development Agreement can provide the necessary adjustments or enhancements that accommodate the development while addressing concerns from the community and local officials. It often outlines specific conditions that must be fulfilled, helps regulate land use, and ensures that the development aligns with the municipality's long-term vision for land use.

Engaging in a Development Agreement is particularly important in scenarios where standard zoning does not permit the intended use, allowing developers to move forward with projects that would otherwise not be allowed under existing regulations.