Acquisition Challenges for the Owner
•Speed
•May be lacking precise legal descriptions
•Preliminary property needs – access for geotechnical work
•Waiting on design/build team for more precise takings
•Need to acquire as much property information as possible prior to having property needs in hand – ownership reports, best estimations of property needs
•Need to prioritize key property acquisitions
•Work closely with entire design build team from the beginning
•Shortened time frame for negotiations
•Need to have the support of governing body, legal team, design build team
•Communication is key
•Need to provide budget estimations for the project – can be difficult
•May need multiple appraisers on board