THE PLANNING PERMISSION PROCESS
There are several key steps that Terra Firma, the development company, must go through in order to change the zoning of the land and achieve planning permission to develop Forest Lakes Country Club. These are outlined below.
STEP 1: 
MODIFICATION TO THE CURRENT ZONING APPROVED. LAND CLASSIFIED TO ALLOW RESORT STYLE DEVELOPMENT
Completed June 2008
STEP 2: PREPARATION AND PRESENTATION OF CONCEPTUAL MASTER PLAN FOR APPROVAL TO LOCAL AUTHORITIES*
Completed: September 2009
*Please CLICK HERE to see a list of studies completed over the past years that were presented to the local authorities together with a list of professionals working on the Forest Lakes development.
STEP 3: 
DEFINING MASTER PLAN AND NEGOTIATION OF DEVELOPMENT AGREEMENT. DETAILED PLANNING FOR INFRASTRUCTURE, ARCHITECTURE AND TECHNICAL ELEMENTS
Timescale: 2010/2011
STEP 4: FINAL APPROVALS AND COMMENCEMENT OF SUBDIVISION INTO BUILDING PLOTS
Timescale: 2011
STEP 5: INVESTOR EXIT POINT: SELLING BUILDING PLOTS TO THE RETAIL MARKET
Timescale: 2011/2012
The length of the investment will be 2-5 years depending on your choice of exit (cash or building plot(s)) with early investors exiting first
Note: the timescales above are a guide and may be subject to change.
If you would like further information, please Contact us
WHY TERRA FIRMA?
Terra Firma Development Corporation is a development company committed to creating sustainable developments that embrace the latest technologies and thinking, integrate with the natural environment and respect the needs of the local population.
