Montgomery County is looking to position itself as a more business-friendly jurisdiction that can better compete with D.C. and Virginia for investment, and it is starting by fixing its development approval process.
Developers say the county has historically had a complicated, multi-step entitlement process that creates longer wait times before breaking ground and can force some investors to shy away from the county. The county acknowledges this reputation and is looking to do something about it.
After a public-private advisory group made a series of recommendations to improve economic development in the county, Montgomery County last month announced the launch of a “Speed-to-Market Working Group” that aims to cut its entitlement process time in half.
Click here to read the rest of the article written by Jon Banister over at Bis Now
