Development plan and street construction costs

Good morning everyone,

we have an inner-city meadow plot of about 2400 sqm. The meadow is located on a street where there is otherwise residential development and has a depth of about 55m.

We now want to build in the rear part of the meadow. The city administration wants to set up a development plan for this, which among other things provides for accessing the meadow via a dead-end street.

Our entire property (a former farm with utility buildings is connected to the meadow) would be accessed via this dead-end street, and thus a subdivision into different plots and their sale would be possible.

Now my question: Who bears the construction costs of the street or the entire development (sewers, water, electricity, gas, telephone/internet, lighting)? According to the city, the dead-end street will later become a public road there. Can I rightly conclude from this that we would fully finance the construction of a later public road?

Can anyone also give me indications of how much this "fun" would cost? The city administration has not yet commented on this.

Thank you!

What does the city basically say about the "spaß"? Should you wear it?

Hello,

yes. We are supposed to bear the entire development costs and as soon as the road is finished, it will become a public road. In addition, the city wants to be reimbursed for the planning costs ([Bebauungsplan]).

Best regards

That is AFAIK normal property development business. How much does the square meter of fully developed building land cost with you?

Hello, the standard land value according to the [Bodenrichtwertinformationssystem NRW] is currently 130€ per square meter.

I once heard something about development costs of 15-25 € per sqm. However, if a developer does it who also has the necessary contacts