How much financial analysis do you'all perform in zoning and site plan reviews, etc.? Given the importance of "investment backed expectations" in zoning law, and applicants' constant claims that holding their projects to city standards will bankrupt them, how do people respond to these claims?
We tend to gloss over them.
What methods do people use - looking at comparable projects, cap rate analysis, etc? Should financial analysis be a factor in zoning and site plan decisions? If putting the sidewalk on both sides of the street really would make a project unfeasible, should that matter?
I'm looking at this as a potential thesis topic (a long story) and wanted to get a quick survey of how people treat applicants financial claims, and whether people do their own "quick and dirty" analysis to get a handle on the truth of these situations.