Residential vs. Commercial Development: What You Should Know
Residential and commercial development plays a big part in shaping the economic nature of the British Columbia area as well as the livability aspects for residents. While certain size, permitting and zoning similarities will be applied to both types of land development, there are major differences when it comes to purchasing land for real estate development.
Special considerations may apply to the building, such as whether a residential home meets the architectural criteria when being built in a historic or heritage neighborhood, or zoning restrictions for a commercial building due to it being contentious to the community. Here are several things you should know about residential versus commercial development. (more…)