Assemblage

Bringing Parcels Together

Do you own land and have a development idea for it? And would adjacent parcels owned by public agencies make that idea more feasible? If so, you may be able to purchase the public land outside of the competitive process. For PHDC to help you complete an assemblage, you must own 50 percent of the property to be developed. In addition, the public property you want to acquire must be part of the development. You will have to pay fair market value, as determined by an appraisal, for the property.