What are the three phases of development and construction?

The three phases of development and construction encompass critical steps that ensure a project moves from concept to completion effectively. Land acquisition is the first phase, where the necessary land is identified and secured for development. This is a foundational step since having the right location is paramount to any project’s success.

Following land acquisition, the next phase is subdividing and development. This involves planning and preparing the land for construction, which may include obtaining necessary permits, zoning approvals, and conducting environmental assessments. This stage is crucial as it transforms the acquired land into a usable site for building.

The final phase is recording the subdivision plat map. This legal step is necessary to officially document the division of the land into lots and is typically required before any construction can begin. Recording the plat allows for legal access to the parcels of land and facilitates future transactions or developments.

This sequence of phases is comprehensive as it covers the entire lifecycle of initial planning to formal recognition of the development, making option C the most accurate choice. The other options either omit significant steps or misrepresent the process involved in development and construction.