Acquired by Proponent - This covers any property sale, an existing asset, or potential development opportunity. You will need to review the property description to determine if it could be a potential opportunity.
Development in Planning/Letter of Intent - These two stages are early in a new project's timeline when the developer is just beginning to discuss plans for a site.
Under Official Review - This stage covers projects that are currently being reviewed by the city/town zoning/planning board.
Project Approved- Projects in this phase have been approved by their city or town zoning/planning board but have yet to start construction. We often refer to this as the "money phase" as there is ample opportunity here for various stakeholders to get involved before the development breaks ground.
Building Permit Issued/Demolition/Initial Site Work/Foundation Construction - All early-stage phases in the construction process. Later stage subcontractors will often check projects in this status to find potential upcoming jobs as work is just starting.
Under Construction - This phase includes active construction projects currently undergoing work such as framing, window installation, rough in, etc.
Interior Finishing - As a project nears completion and teams move on to the final finishes the BLDUP team will update a project to this status to denote that milestone.
Construction Complete - Once construction has wrapped up a project will be changed to the complete status. You can also find completed projects that have been recently refinanced under this status.
For Sale- Now you can list buildings or land for sale on BLDUP so the industry can find your opportunity.