What interim uses (parking, staging, leasing) can generate income during the assembly process?

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Surface Parking and Vehicle Storage

Vacant lots can be temporarily converted into parking facilities to generate short-term cash flow

  • Hourly or monthly parking leases cater to nearby businesses, residents, or commuters
  • Event-based parking can yield high returns in entertainment or stadium districts
  • Storage of commercial fleets, buses, or construction vehicles provides stable income
  • Minimal improvements required, with low overhead and flexible terms

Temporary Leasing to Pop-Up Retail or Food Vendors

Underutilized parcels can host mobile businesses that activate the site while generating rent

  • Food trucks, coffee carts, or weekend markets are popular interim tenants
  • Low-commitment licensing reduces landlord liability and setup costs
  • Enhances neighborhood visibility and goodwill before full development
  • May include light utility access (water, power) if infrastructure is in place

Equipment Staging and Contractor Laydown Yards

Construction-related storage and operations can be hosted on vacant lots near development zones

  • Leased to general contractors, utility crews, or infrastructure agencies
  • Used for storing materials, equipment, or trailers during nearby projects
  • Requires basic fencing and site preparation but offers steady monthly revenue
  • Common near transit expansions or public works corridors

Interim Leasing of Existing Structures

If existing buildings remain functional, they can be leased for short-term occupancy

  • Short leases to artists, startups, or NGOs can offer income with low tenant risk
  • Co-working, warehousing, or studio use is possible with minor retrofits
  • Lease clauses can include flexible termination for redevelopment notice
  • Maintains site activity and deters vandalism or blight

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