Investment pledge relief: devil is in the detail
schedule 07 January 2015
Work on the Polish urban planning and construction code is in progress. The proposed solutions are set to provide a considerable deregulation of the current investment process. This includes the abandonment of the legal obligation to acquire the widely unpopular decision on land development conditions for when carrying out the projects located in the areas which have no local zoning plan. The questions on whether the investor could perceive the solution as facilitation, and whether it introduces any excessive risks for the first phases of the investment process, remain open. According to the proposed legislation, the area of a borough will be determined at the early stage, when a study of conditions and directions of spatial development of a borough takes place. The land will be divided into three categories: developed land, land with limited developments and developable land. The borough will be obliged to prepare a local zoning plan only for the developable areas and for other areas
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