1、Development for NondevelopersCOVER:(Monon Boulevard,Carmel,Indiana|Hadley Fruits,Rundell Ernstberger Associates)2025 by the Urban Land Institute2001 L Street,NW|Suite 200|Washington,DC 20036-4948All rights reserved.Reproduction or use of the whole or any part of the contents of this publication with

2、out written permission of the copyright holder is prohibited.Recommended bibliographic listing:Urban Land Institute.Development for Nondevelopers.Washington,DC:Urban Land Institute,2025.About Urban Land InstituteThe Urban Land Institute is a global,member-driven organization comprising more than 48,

3、000 real estate and urban development professionals dedicated to advancing the Institutes mission of shaping the future of the built environment for transformative impact in communities worldwide.ULIs interdisciplinary membership represents all aspects of the industry,including developers,property o

4、wners,investors,architects,urban planners,public officials,real estate brokers,appraisers,attorneys,engineers,financiers,and academics.Established in 1936,the Institute has a presence in the Americas,Europe,and Asia Pacific regions,with members in 84 countries.This ReportThis report was informed by

5、ULI members and partnersincluding both developers and nondevelopersto provide an overview of essential information about the real estate development process.It aims to outline the basics of real estate development to help community members and public-sector leaders engage effectively in the real est

6、ate development process.ULI Randall Lewis Center for Sustainability in Real EstateThe ULI Randall Lewis Center for Sustainability in Real Estate envisions a net zero,resilient,healthy,and inclusive world where every person,community,and business thrives.To achieve our vision,the Center accelerates a