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    News and Articles on Buying Land

    Archives: Buying Land

    Coles board to reorganize, choose leaders  Nov 29, 2008
    He also mentioned installing a security system at the courthouse and buying land of a former bank building, which he said will ultimately prove to be a wise move. Allen said he was also leaving the board with some concerns, though, namely on the issue of solid waste disposal. (Mattoon Journal-Gazette, IL)

    Cost of Rebuilding U.N.'s Palace? A Billion Dollars  Nov 25, 2008
    Baker said those costs would cover construction only, and wouldn't pay for any expenses for design, buying land, brokering the deal or any changes in plans along the way, which are significant. But the difference is massive; keeping the Palais des Nations could cost more than double what it would take to build a new home from scratch. (Fox News)

    'No concrete plan' for Google server farm in Austria: spokeswoman  Nov 23, 2008
    VIENNA (AFP) - Google has "no concrete plan" to build a new European server farm in the north of Austria, despite buying land there, the US Internet search engine giant said Saturday. Elaborating on its announcement Thursday that it has acquired 75 hectares (185 acres) of real estate in Kronstorf village, near Linz city, a Google spokesman said the idea of a server farm was still just that -- an idea. (Yahoo! Asia News)

    Donation sweetens Maricopa land dealCompany to add 16 acres if city buys its property for park  Nov 22, 2008
    The council has been in executive session discussions for months on the possibility of buying land for the city. The funding for the purchase would be transferred from transportation development impact fees, according to a report from Kolman. (Casa Grande Valley Newspapers, AZ)

    Should the city run the airport?  Nov 21, 2008
    So if they are buying land anyway, it is cost neutral. This one is relatively self explanatory. (Columbus Telegram, NE)

    EXCERPT: Take a peek inside 'Outliers'  Nov 19, 2008
    The Rosetans began buying land on a rocky hillside, connected to Bangor only by a steep, rutted wagon path. They built closely clustered two story stone houses, with slate roofs, on narrow streets running up and down the hillside. (USA Today -- Life)

    A lone bright spot in real estate: farmland  Nov 18, 2008
    Soybean harvest: Prices are good, but the cost of buying land is also rising for farmers like Sean Geisert in Washington, Mo. Ann Hermes/The Christian Science Monitor. (Christian Science Monitor -- USA)

    Public hearing today on railway conversion  Nov 18, 2008
    2 million federal grant and allows Athens-Clarke officials to begin designing and buying land for the rails-to-trails project. "We feel very confident this project is going to go forward and be successful," county Natural Resources Administrator Mike Wharton said. (Athens Banner-Herald)

    Bond loses luster in Quantum  Nov 15, 2008
    He finds Greene and his girlfriend, Camille (Olga Kurylenko, Hitman), in Haiti, and learns that Greene is buying land in Bolivia and plans to control the country's water supply. That's right: controlling a country's water supply. (Hillsdale Independent, NY)

    Tiny island nation seeks dry land  Nov 14, 2008
    A former human-rights activist elected last month, Mr. Nasheed has already approached several countries - including Sri Lanka, India and Australia - about buying land, and said they have been receptive to the idea. "We do not want to leave the Maldives, but we also do not want to be climate refugees living in tents for decades," he said. (Globe and Mail)

    Social housing policy could result in more ghetto estates  Nov 14, 2008
    Housing Associations use a similar model, buying land to build mixed-tenure developments so that they can sell the private homes to cross-subsidise the costs of social housing. In the past few months, however, private sector housing development has largely stopped, seriously jeopardising low-cost homes. (Times Online)

    Orlin Brommer: A family of warriors and heroes  Nov 13, 2008
    The old guy traveled around a bit before finding a farm girl and buying land in the Waumandee Valley. This couple, Joe and Agnes Deck, raised four sons and two daughters. (Winona Daily News, MN)

    $79 million slated to buy hospital land  Nov 12, 2008
    Preservationists have raised a stir about the enormous cost of buying land and tearing down houses for both the veterans hospital and the academic medical center the state plans to build next door for Louisiana State University. The hospitals would span a combined 70 acres between Claiborne Avenue, Tulane Avenue, Canal Street and South Rocheblave. (Nola.com -- Sports)

    Investor snaps up land for housing on the cheap  Nov 11, 2008
    It s not always a good deal because someone paid a lot more, he said of the process of buying land cheap. He quickly noted, however, that he paid about $35,000 a lot for the JTS Communities finished lots in Rancho Cordova when infrastructure costs alone for those lots ran $50,000 each. (Sacramento Business Journal, CA)

    Maldives to buy new homeland as sea levels rise  Nov 10, 2008
    The Sydney Morning Herald: national, world, business, entertainment, sport and technology news from Australia's leading newspaper. The Sydney Morning Herald: national, world, business, entertainment, sport and technology news from Australia's leading newspaper. (Sydney Morning Herald -- World)

    Where to Look for New Clients in Slow Markets  Nov 9, 2008
    Developers who have deep pockets and didn t overextend themselves during the hot market will be interested in buying land for future developments. Foreclosures and short sales might make you want to pull your hair out, but if you run away from them you re running away from business. (Realtor Magazine Online)

    Natural area merits support  Nov 4, 2008
    Cynical Citizen wrote on Nov 2, 2008 7:26 PM:" The lottery is a tax on stupid people. It is public money, and it should not be spent on buying land from a developer to keep them from building on it. That particular piece of money grubbing was only passed in it's original form becuase the lottery proceeds were supposed to go to education. Now we divert the funds to all kinds of nonsense programs and still pull the education money it was originally intended to be used for from the General Fund.... (Albany Democrat-Herald, OR)

    Where's our Lion's share?  Nov 4, 2008
    Allegedly they were buying land next to the National Guard Armory and breaking ground in September. It feels like our city leaders are giving us a lot of spin. (Rio Rancho Observer, NM)

    JSW project rekindles Bengal's dream  Nov 2, 2008
    "We have never opposed the Jindal project as the industrialist is buying land directly from the owners and also giving a good package. I don't know whether our representatives will attend the programme. But I want to make it clear that our agitation in Singur was against forcible acquisition of agricultural land. We were never against industrialiasation," said a senior Trinamool leader. With the area falling under a belt that has seen several attacks by Maoist extremists, security has been... (India Times)

    Down market levels playing field for land  Oct 31, 2008
    It includes $60 million for buying land. Bailey Patrick, one of Charlotte s most active land brokers, thinks the parks bond could accelerate recovery of the housing market. (Charlotte Business Journal, NC)

    County warned of compound near Edgemont  Oct 29, 2008
    Bill Clark last week petitioned the county to stop the Fundamental Latter Day Saints Church from buying land and building a compound similar to one the group has maintained near Pringle in the Southern Hills. I guess I am wondering, from a legal standpoint, what can the county do to stop this. (Rapid City Journal, SD)

    FALLBROOK: After 20 years and 1,900 acres, nonprofit group still seeking bare land  Oct 27, 2008
    FALLBROOK ---- Buying land in Southern California isn't easy these days. But it can be especially tricky and time-consuming if you're pulling the lever on a piece of undeveloped property to set aside in a land trust, as Wallace Tucker has done over and over for the last 20 years. (North County Times)

    Water treatment plant planned for 2011  Oct 24, 2008
    While the talks about the town buying land around around the wells are in the preliminary stages, the treatment center has been talked about for several years ... The town has become interested in buying land around that site after plans for a historic 170-acre, 525-unit subdivision appear to have stalled. (Framingham TAB, MA)

    South Korea's economic expansion slows  Oct 24, 2008
    It will spend as much as 8 trillion won ($US6 billion) to revive the construction industry, including buying land and unsold homes. The central bank will make an extra 2. (Sydney Morning Herald -- Business)

    Roger Coxs long and winding road leads to Paa-Ko  Oct 23, 2008
    He also branched out by buying land in the East Mountains and doing a variety of industrial, office and retail projects in Albuquerque. The 1980s real estate downturn led to Paa-Ko. (New Mexico Business Weekly, NM)

    Letter: Give 'rescue plan' opportunity to work  Oct 22, 2008
    The Associated Press recently compared buying these R.E. mortgages with buying land for parks, money for NASA, etc. But their examples were examples where there would be little or no chance of getting the money back although they re worthy projects. (Appeal Democrat, CA)

    Peru's Fledgling Ethanol Industry Eyes Growth  Oct 22, 2008
    Vega stressed Brazilian companies are more interested in providing technologies and entering joint-venture agreements than in buying land. He said they have their sights set on markets in North America and developing ones in Asia. (Planet Ark, United States)

    'Not a bailout'  Oct 19, 2008
    The Associated Press recently compared buying these mortgages with buying land for parks or money for NASA. But in their examples there would be little or no chance of getting the money back, although they're worthy projects. Recently the AP showed a sign in front of Lehman Brothers that included the words, "Who will be next? Will you be next?" This sign's only purpose seems to be to put fear into people. (Fresno Bee -- Opinion)

    Letter to the Editor  Oct 17, 2008
    The proposed program will fulfill those goals by enhancing the quality of our land and water, increasing habitat for wildlife, and - critically - only buying land from willing sellers. I encourage you to flip the ballot and vote yes on Nov. 4. (Daily Iowan, IA)

    Land prices drop in Singur  Oct 16, 2008
    We kept on buying land even Dankuni, 12 kilometres away from Singur. But this time, it didn't pay. (Times of India)

    The price of land claims  Oct 16, 2008
    In the last six months the State has spent over R700-million on buying land for restitution purposes, the Acting Chief Land Claims Commissioner Blessing Mphela said on Wednesday. "The fact that we continue to spend more money on less hectares of land as a result of high land prices is a challenge for the commission," he told a media briefing at Hartebeespoort. (iAfrica.com)

    Gays Mills fighting to survive  Oct 14, 2008
    Another component includes buying land within the village limits, but outside the flood plain. The idea is to give residents who take buyouts dry space to rebuild as well as attract new residents. (La Crosse Tribune, WI)

    Rushmont project killed by developer  Oct 14, 2008
    Shafai was interested in buying land south of the alley along Fifth Street and reconfiguring the Rushmont to fit into that lot as well. The two parties failed to reach consensus on those proposals, Hanks said. (Rapid City Journal, SD)

    Uganda: Religious Sect Stores Dead Bodies  Oct 11, 2008
    By the late 1970's, he reportedly started buying land from individual households in Rakai, until he was able to secure a vast expanse of land. When visiting the place, Saturday Vision found a huge plot which has shrubs and scattered shacks. (allAfrica.com)

    Transcript of the African Regional Economic Outlook Press Briefing  Oct 11, 2008
    The specifics, on what terms they are buying land and whether they are below market or not, I do not know, and so I cannot say what is the possible impact on the people they may be buying the land from, but investments in land are welcome, investments in land to generate productive agricultural production is even more welcome in a context where countries are trying to adjust to a shock from the the food price crisis, and so it is important to expand agricultural production in African countries.... (IMF News)

    Delays ahead?: Hamilton Road extension needs railroad's blessing  Oct 10, 2008
    Costs such as buying land and right-of-way access from current land owners are still undetermined. We cant go forward with that until we know we can cross the railroad tracks, Grovesteen said. (The Pantagraph newspaper)

    Editor's Mailbag (Oct. 6)  Oct 8, 2008
    Buying land to improve our city is one thing, but common sense needs to prevail here. If we have that kind of money to spend, have you not noticed the condition of our streets lately. (Albany Democrat-Herald, OR)

    Delta sets aside $2.8 million to buy Lodi land in future  Oct 8, 2008
    Parises wanted the board to overturn a previous vote to abandon Delta buying land on the Victor Road site, which the college sank 4 million into before waiving the site as an option. Parises, who is retiring at the end of this year, also thought the board should put off a decision until January for distributing the remaining Measure L funds, saying the newly elected board could decide on it. (Lodi News Sentinel, CA)

    Bond not about ‘open space’  Oct 7, 2008
    Ask yourself is this proposed bond about buying land or facilities with public money for public use. Will all the public money be spent for places we can travel to and use. (Logan Herald Journal, UT)

    Memorial set for gorge activist  Oct 5, 2008
    Russell worked the remainder of her life buying land with her husband, Bruce, or lending money to land trusts to preserve gorge open spaces for future generations. The family suggests remembrances to the Friends of the Columbia Gorge. (OregonLive, OR -- Living)

    Endless struggle for land pits rich against poor  Sep 25, 2008
    Buying land is a complex affair that no industrialist would want to take on. Title deeds in rural India are a nightmare. (Sydney Morning Herald -- Business)

    U.S. Foodservice inks deal for Buda distribution center  Sep 23, 2008
    The Austin Business Journal reported in March that U.S. Foodservice was in talks with both Buda and Kyle about buying land for a facility. It s unclear how much the new distribution center will cost the company. (Austin Business Journal, TX)

    Tragedy inspires Haitian orphanage  Sep 23, 2008
    "We currently rent a house, but have hopes of buying land to build smaller homes, each housing a family unit, adult caretakers and a small number of children," Kennedy said. "When I go down in October, we will be looking at land.". (Middletown Press, CT)

    Ontario avoids grapes of wrath  Sep 23, 2008
    The terroir and climate are Burgundian and, not surprisingly, noted producers from that hollowed wine turf have been buying land and doing co-productions with Canadian vintners. Niagara produces wines of distinction. (Ottawa Citizen)

    Rising land prices hit property developers  Sep 22, 2008
    In fact, many developers feel they dont want to lock up capital at this stage by buying land, as there is a holding cost involved in building land banks ... For developers, land is the main raw material and typically, they have made their money buying land cheap and building and selling homes on it after prices have tripled or quadrupled. (India Times)

    Metropole finally ready to deliver  Sep 22, 2008
    I started buying land in the area in 1998 and, at that time, there was not any mid- to high-rise concrete development, Pannick said. Now, the Metropole s towering glass will cap the northeast corner of 15th and P streets NW, an area lined with cutting-edge and Abdo developments and a Whole Foods. (Washington Business Journal, DC)

    MURRIETA: City sells land behind Wal-Mart for $5.2 million  Sep 20, 2008
    The thinking at the time was that if they didn't, the city would simply sell the land and use the money for other projects in the Redevelopment Area which could include road projects, flood control upgrades, buying land for parks and yes, affordable housing if it was needed. It isn't without challenges because it is essentially split down the middle by a natural seasonal stream. (North County Times)

    Big builders growing land holdings  Sep 18, 2008
    Builders are buying land from banks that have taken back property, or are buying from developers who have lowered prices. The activity, however, is nowhere near the frenzy of the early to mid-2000s, said John Cowart, president of , a land developer. (Atlanta Business Chronicle, GA)

    Work on reservoir dam to start next November  Sep 17, 2008
    Contractors also are beginning to make progress buying land for the reservoir after a slow couple of months, said project manager Jimmy Parker of Precision Planning Inc.. The counties so far have bought 12 large properties that make up nearly a quarter of the reservoir land. (Athens Banner-Herald)

    Paddling Back in Time  Sep 14, 2008
    For years, he concentrated on rallying conservation groups around the common goal of buying land and easements - an effort that over the years created a patchwork of 2. 3 million acres of protected land. (Boston Globe)

    Rural feel, yet destined to growBalance a key issue among Pinal sheriff, supervisor candidates at forum  Sep 14, 2008
    Rios said that he has always been opposed to municipalities from other counties "stealing our water by buying land here.". He said that as a legislator he had tried to put a stop to it. (Casa Grande Valley Newspapers, AZ)

    The Jewish vote  Sep 13, 2008
    At Victoria Beach near Winnipeg, Jews were prohibited from buying land or even swimming in the lake. Most disgracefully, European Jews were turned away as the Second World War began. (Globe and Mail)

    Vegas-based water company runs string of ranches  Sep 13, 2008
    After spending almost $79 million buying land, some have predicted that the authority could one day own all the private property in Spring Valley. The water authority's Mulroy won't rule that out, but she doesn't think it will be necessary. (Fresno Bee -- State)

    China remains major real estate powerhouse  Sep 10, 2008
    China is an opportunity of a lifetime and we are buying land for future projects. Hang Lung allocated US$5bil for projects in China and it had already nine projects under way, he said. (The Star Online, Malaysia)

    Land-for-land deal may cost farmers dear  Sep 9, 2008
    Sensing trouble in the process of buying land from farmers below the highest rate, the Trinamool Congress MLA has left it to the government to buy land in the vicinity. "We won't scout for land. The government will have to find a plot and buy it," the MLA said. (India Times, India -- Community News)

    As Pentagon tribute opens, others years away  Sep 8, 2008
    In Pennsylvania, the National Park Service is still buying land for a 2,200-acre memorial to the 40 crewmembers and passengers of United Flight 93 who tried to overpower four hijackers before their jet crashed. Hundreds of small memorials to the victims of Sept. 11 have appeared across the country, some within months of the attacks. (USA Today)

    Navy now area's big housing developer  Sep 5, 2008
    Ramsay acknowledged that with a depressed housing market, it's a good time to be buying land. He wouldn't speculate on how much cheaper the land will be than if Balfour had bought at the peak of the housing bubble. (Jacksonville Business Journal, FL)

    The People vs. the People's Car  Sep 4, 2008
    Because it's attached to a globally watched product, the Tata Nano controversy may push the Indian government to rethink its policies on buying land. But there are no plans so far to increase the size of the SEZs to make them more effective. (Time.com)

    Govt plans to farm land abroad  Sep 3, 2008
    The government-run State Trading Corporation (STC) has also evinced interest in buying land overseas, the sources said. Oil companies are also exploring purchase of land in south America to produce raw material for ethanol. (India Times, India -- Intl Business)

    Consider Stocking Up on Land  Aug 30, 2008
    Buying land is no slam-dunk. An investor must be able to judge which land is most apt to deliver a profit down the road and be able to hold onto the property long enough to benefit. (Realtor Magazine Online)

    Los Banos Bypass project broken into thirds  Aug 29, 2008
    The agencies involved are buying land to build that stretch, and they hope to break ground in 2013. The second half would stretch from 165 west to Volta Road. (Modesto Bee, CA)

    Wente Vineyards at 125 years  Aug 29, 2008
    Elsewhere could have been in the Arroyo Seco appellation of Monterey County, where Karl L. Wente began buying land in the early 1960s. At one point in the mid-1960s, Karl L. Wente and his father, Ernest Wente, thought the Livermore Valley would become fully developed with housing, Eric Wente said. (East Bay Business Times, CA)

    Virtual Worlds Get Real About Punishment  Aug 22, 2008
    Avatars can create their own societies and carry out realistic activities, such as buying land, building houses and forming social groups. But as the worlds' populations grow, some have developed more sophisticated legal codes and justice systems to police members' behavior. (Washington Post -- Technology)

    1st big foreclosure hits Triangle  Aug 22, 2008
    My development clients are just being smarter today about the moves they make with their builder teams, buying land. It s what you got to do, Barefoot says. (Raleigh Triangle Business Journal, NC)

    Judge allows Mayport lawsuit  Aug 15, 2008
    The Jacksonville Port Authority has been buying land in Mayport Village for possibly relocating the cruise ship terminal near the Dames Point Bridge. The land by the bridge has emerged as the top spot where Hanjin Shipping Co. Ltd. of South Korea could build a cargo terminal. (Florida Times-Union)

    Liberia: Govt to Evict Illegal Land Owners  Aug 14, 2008
    The buyers themselves should also beware of buying land for example in the heart of the city especially this late day and time. You can not easily find free land in the heart of most Liberian cities. (allAfrica.com)

    Judge dismisses charges against Doug Andrews  Aug 14, 2008
    Sonnenschein had received 47,419 from Andrews in return for buying land from Andrews' clients in the Rapid City area, according to court documents. Sonnenschein is required to give the money to the court. (Rapid City Journal, SD)

    One contractor bids on Ronald Reagan Parkway extension  Aug 13, 2008
    The county's proposal calls for the contractor to take on the full expense of buying land for the route and building the road in exchange for being allowed to charge tolls to recoup its expenses and profit. So far, there's no public estimate of cost or what the toll would cost. (Atlanta Journal-Constitution -- Metro)

    Bucs see progress on Dominican facility  Aug 13, 2008
    PITTSBURGH -- Six months after buying land in the Dominican Republic, the Pirates announced on Tuesday that work on their 43-acre Latin American training facility is progressing at an impressive rate. Located in the municipality of El Toro in the Dominican Republic, the complex's design and leveling of the playing fields is beginning to take shape, as well as installation of irrigation systems and fencing. (MLB.com -- Pittsburgh Pirates)

    FutureGen land buy adds up to $6.5M  Aug 7, 2008
    As options for buying land at the proposed site for the FutureGen power plant west of Mattoon begin to expire this month, the alliance and Coles Together will sign agreements to secure the more than 400-acre site near Dole Road, Coles Together President Angela Griffin said Wednesday afternoon. At the 6. (Mattoon Journal-Gazette, IL)

    Battered Beazer insists future bright  Aug 5, 2008
    "They got started late in terms of entering the growth phase and buying land," he said. But bankruptcy, he said, is unlikely because Beazer can simply give troubled communities to the banks in order to keep going. (Atlanta Journal-Constitution)

    Timeline: South Africa  Aug 5, 2008
    1913 - Land Act introduced to prevent blacks, except those living in Cape Province, from buying land outside reserves. 1914 - National Party founded. (BBC News -- Africa)

    Growth to necessitate more schools  Jul 31, 2008
    The Columbia County school system's need for new facilities shows no signs of letting up anytime soon. Superintendent Charles Nagle says the county will need two more elementary schools and an additional middle school by 2012-13. (The Augusta Chronicle)

    BankAtlantic's Levan optimistic  Jul 31, 2008
    When the homebuilders start buying land again, we anticipate selling this land to them, Levan said. And, at the moment, it s just a waiting game until the market comes back and prices become realistic again. (South Florida Business Journal, FL)

    Abkhazia Prepares for Olympics with a Little Help from Its Friends  Jul 30, 2008
    Russian companies, meanwhile, are buying land for development not only in Gagra, but also in the nearby seaside resort town of Pitsunda. Temporary villages for some 20,000 Sochi Olympics workers are also on the drawing board for outside Gagra, Baratelia added. (EurasiaNet.org)

    West Windsor mulls rezoning for COAH  Jul 30, 2008
    Local officials believe that re zoning the properties for mixed use would protect West Windsor from footing the bill for buying land and building affordable housing itself. Since new Council on Affordable Housing (COAH) rules have limited the fees that developers can collect to 2. (NJ.com -- Times)

    4 Fla. real estate investors charged  Jul 29, 2008
    Authorities said Husani completed seven real estate transactions in Manatee and Sarasota counties, buying land for a total of $42. 5 million and reselling it to his partners for $117 million. (The Palm Beach Post)

    Public invited to weigh in on new tax  Jul 28, 2008
    As it accumulates, the district will only use it for growth-related projects such as buying more modular buildings, expanding existing schools or buying land for new school sites, Allen said. If you go. (Corvallis Gazette Times, OR)

    Texas to Tel Aviv  Jul 27, 2008
    So his company, Mesa Power, is now building the world's largest wind farm in the Texas Panhandle, where he's spent $2 billion buying land and 700 wind turbines from General Electric - the largest single turbine order ever. The United States could secure 20 percent of its electricity needs from wind alone. (International Herald Tribune -- Ed/Op)

    Valley Center plan scrapped  Jul 24, 2008
    Its sudden appearance and Supervisor Bill Horn's ties to a developer buying land in the area also raised suspicion. What's changing: The Board of Supervisors agreed the update didn't go through proper channels and voted Wednesday to strip the update from the county's general plan overhaul. (San Diego Union-Tribune)

    Donald Trump Jr. Plans $1 Billion Fund for Indian Real Estate Acquisitions  Jul 22, 2008
    It will allow companies such as ours to justify buying land. It's a good opportunity for us. (Bloomberg -- Asia)

    News from around Delaware County  Jul 22, 2008
    - LOIS PUGLIONESI Upper Providence Township buying land Council has started the process of crafting an ordinance enabling the purchase of about 10,000 square feet behind the township building. The price of $180,000 is less than the appraised value, township Manager Anthony Hamaday said. (The Delaware County Times, PA)

    Normal Council to decide if savings is enough to continue water feature  Jul 21, 2008
    Besides buying land for the building, the company bought property along Kingsley Street for parking. . (The Pantagraph newspaper)

    Protecting workers' rights abroad should begin at home  Jul 18, 2008
    Moreover, success stories -- of TKW building new houses in their home villages, or buying land and saving enough money to start their own businesses -- have appealed to those still in search of work. Finally, Saudi Arabia's closed society makes acknowledgment and prevention of domestic worker abuse difficult, particularly when it comes to TKW reporting cases of rape. (Jakarta Post, Indonesia -- Editorial)

    ‘Phenomenal' rights sale sets stage for exploration push in B.C.  Jul 18, 2008
    Buying land at $33,000 a hectare, that has never happened in North America that we are aware of, he said. It is phenomenal. (Globe and Mail -- Business)

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