Speculative building definition

Speculative building means a building that meets 1 of the following criteria and the machinery, equipment, furniture, and fixtures located in the building:
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Speculative building means any building or structure where the ultimate use or occupancy could not be determined to the satisfaction of the City at the time that a development charge became due and payable;
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Speculative building means the activities of a speculative builder as the term "speculative builder" is defined by rule of the department.
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Examples of Speculative building in a sentence

  • Speculative building development is a defined program to acquire land, prepare plans for development of the site, install site infrastructure, and construct a commercial or industrial building for the purpose of offering it to a prospective business.

  • Creates a Market Speculative building development may be the only way toentice a business to locate in your community.

  • Speculative building construction was one of the inducements to the City to provide a financial incentive for economic development for this subdivision.

  • Speculative building is continuing across the Midlands, particularly in the ‘big-box’ space of over 400,000 sq.

  • Speculative building is when a builder makes improvements on land he/she owns.

  • Speculative building is quite common in residential housing developments and in condominiums.

  • Speculative building was considered by some as a rational development strategy: things have changed.

  • Speculative building work did occur however along the main roads out of London and the open road between Kensington and Hammersmith was an obvious site.


More Definitions of Speculative building

Speculative building means a new building that meets all of the following criteria and the machinery, equipment, furniture, and fixtures located in the new building:
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Speculative building means a new building that meets all of the following criteria and the machinery, equipment, furniture, and fixtures located in the new building: (a) The building is owned by, or approved as a speculative building by resolution of, a local governmental unit in which the building is located or the building is owned by a development organization and located in the district of the development organization.
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Speculative building means a building that is less than fifty percent (50%) leased at the time a land disturbance permit for vertical improvements is obtained.
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Related to Speculative building

  • Elevated Building means a non-basement building which has its lowest elevated floor raised above ground level by foundation walls, shear walls, posts, piers, pilings, or columns.

  • Residential building means a building containing one or more residential dwellings.

  • Passenger area means the area designed to seat the driver and passengers while a motor vehicle is in operation and any area that is readily accessible to the driver or a passenger while in his or her seating position, including but not limited to any type of glove or storage compartment accessible to passengers or driver.

  • Modular building means, but shall not be limited to, single and multifamily houses, apartment

  • Permitted Occupier means if used in the Agreement, any person who is licensed or permitted by the Landlord to reside at the Property together with the Tenant and who does so as a rent free licensee of the Tenant.

  • Public building and "public work" means a public building of, and a public work of, a governmental entity (the United States; the District of Columbia; commonwealths, territories, and minor outlying islands of the United States; State and local governments; and multi-State, regional, or interstate entities which have governmental functions). These buildings and works may include, without limitation, bridges, dams, plants, highways, parkways, streets, subways, tunnels, sewers, mains, power lines, pumping stations, heavy generators, railways, airports, terminals, docks, piers, wharves, ways, lighthouses, buoys, jetties, breakwaters, levees, and canals, and the construction, alteration, maintenance, or repair of such buildings and works.