Posted: 7 Jun 2012
Date Written: January 27, 2012
Dirigo International is proposing a major expansion of their life sciences research and manufacturing facilities in the heart of a major city and middle to lower income residential neighborhood. The company and city government are seeking a development solution in the form of unique land use regulations and a resulting development strategy that weighs the financial, economic, aesthetic, and environmental impacts of the development. Companies and governments around the world often find themselves on opposite sides of land use proposals. This case demonstrates the dilemmas and tradeoffs related to private land owner rights and the role of government in seeking positive outcomes for broader society. Case students will rigorously look at issues of development density, funding responsibilities, financial capacity, land use regulation, and development politics.
Learning Objective: Gain understanding of logic and impact of land use regulation of real estate development.
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