The District of Columbia Master Development Agreement (MMA) is a contractual agreement between the District of Columbia government and a private entity, outlining the terms and conditions for the development and revitalization of certain areas within the district. The agreement aims to foster economic growth, enhance infrastructure, and improve the overall quality of life for residents. The MMA typically identifies a specific geographic area, known as the development site, where the proposed redevelopment projects will take place. It often includes detailed provisions regarding land use, zoning regulations, construction plans, and the allocation of financial resources. These agreements are entered into with the goal of attracting private investment, creating jobs, and promoting sustainable development. In the context of the District of Columbia, there are various types of Master Development Agreements that have been implemented to address the unique requirements of different areas. Some notable types include: 1. St. Elizabeth's East Campus MMA: This agreement pertains to the revitalization of the former St. Elizabeth's Hospital campus, located in Southeast D.C. It aims to transform the site into a vibrant mixed-use community, focusing on creating affordable housing, job opportunities, and community amenities while preserving the historic structures. 2. Southwest Waterfront MMA: This agreement focuses on the redevelopment of the Southwest Waterfront area, which encompasses The Wharf, a mile-long stretch along the Potomac River. It aims to revitalize the waterfront, enhancing public spaces, introducing retail and entertainment venues, and promoting a mix of residential and commercial properties. 3. Walter Reed Adaptive Reuse MMA: This specific agreement outlines the redevelopment plans for the former Walter Reed Army Medical Center site. It aims to transform the area into a mixed-use campus, featuring housing, office space, retail establishments, healthcare facilities, and recreational areas. These examples demonstrate the diverse applications of the District of Columbia Master Development Agreement, each catering to the unique needs and opportunities of different neighborhoods within the city. Through these agreements, the District government collaborates with private entities to drive economic growth, infrastructure development, and community improvement initiatives, making the District of Columbia an attractive place for business, investment, and urban renewal.
District of Columbia Master Development Agreement
Description
How to fill out District Of Columbia Master Development Agreement?
Choosing the best authorized document format might be a have difficulties. Needless to say, there are a variety of layouts available on the net, but how can you obtain the authorized form you will need? Take advantage of the US Legal Forms internet site. The support gives a large number of layouts, for example the District of Columbia Master Development Agreement, which you can use for enterprise and personal requires. All of the forms are checked out by pros and satisfy federal and state needs.
When you are currently authorized, log in for your profile and click on the Download button to have the District of Columbia Master Development Agreement. Utilize your profile to check throughout the authorized forms you have purchased in the past. Visit the My Forms tab of your profile and obtain one more backup in the document you will need.
When you are a whole new customer of US Legal Forms, allow me to share basic guidelines that you should adhere to:
- First, ensure you have chosen the proper form for the area/region. You can check out the shape using the Review button and look at the shape explanation to ensure this is the right one for you.
- In case the form does not satisfy your requirements, make use of the Seach field to obtain the right form.
- When you are certain that the shape is proper, go through the Acquire now button to have the form.
- Choose the rates plan you would like and enter in the necessary information. Design your profile and pay for the order utilizing your PayPal profile or charge card.
- Select the data file formatting and download the authorized document format for your system.
- Comprehensive, modify and printing and indicator the attained District of Columbia Master Development Agreement.
US Legal Forms is the biggest catalogue of authorized forms for which you can find numerous document layouts. Take advantage of the company to download expertly-manufactured paperwork that adhere to status needs.
Form popularity
FAQ
A development agreement is a legal contract where a property owner will contract with local jurisdiction that the property is located in to develop the property. This real estate agreement dictates what can and will be done with the property.
While Joint Venture and a Joint Development Agreement are synonymously used terminologies, they are quite different. A Joint Venture also referred as JV is applicable to every kind of business; however, a Joint Development Agreement i.e. JDA is restricted only to the real estate sector.
Co-development agreements establish which company owns which aspect of the intellectual property in question. With ownership comes responsibility for patent prosecution and mounting defenses against allegations of IP infringement.
Joint Development Agreement means a registered agreement in which a person owning land or building agrees to allow another person to develop a real estate project on such land or building, in consideration of a share in such project, whether with or without payment of part of the consideration in cash or by a cheque or ...
A joint development agreement (JDA) sets the terms for two or more parties working together to develop a particular product or technology. The JDA is typically negotiated before or during the working relationship. Intellectual property is often a key issue in a JDA, so the agreement should clearly state who owns what.
A product development and license agreement is a contract between two companies who wish to combine their knowledge to develop a new product. The contract states what each company is expected to contribute to the development of the product.
Master Development Agreement means an agreement between the master developer and the political subdivision to govern a STAR bond district and any STAR bond projects.
A development agreement is a legally binding contract between a property owner or developer and a local government, often including terms not otherwise required through existing regulations.