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Large-scale projects can offer trust managers much higher potential returns on the disposal of lands for development, since the trust can share in the significant increases in value that occur as lands are converted from "raw" land to developed property. And because many trust agencies own land in large blocks in the path of development, the disposition of appropriately situated land for real estate projects can foster comprehensive, planned development. In general, larger-scaled, planned community development has led to more desirable outcomes in relation to urban form. Recent studies of large, master-planned communities indicate that these developments often incorporate smart growth elements such as continuous, integrated open space, mixed uses, mobility options, greater ranges of housing choices, and phased infrastructure development. At the very least, large tracts of land with one owner are easier to plan comprehensively than parcel of mixed sized and multiple owners.
Get more details on Superstition Vistas, a large-scale development opportunity near Phoenix, Arizona.
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