What Is Land Assemblage?
Land assemblage is the process of acquiring two or more adjoining parcels under single ownership to combine them into one larger site — typically to unlock plottage value or make a site large enough for a specific development.
Why It Matters
Assemblage projects carry real execution risk: if even one adjoining owner refuses to sell or holds out for an inflated price, the developer may be unable to complete the site — the leverage behind a ransom strip.