
07/12/2025
When a developer is forced to return land, they lose not just capital but time, momentum, credibility, and future revenue. The earlier they exit the deal, the less they
lose—but even then, the costs can be significant. Comstock has been in the business for a long time and can likely weather whatever the outcome of this deal.
Smaller and/or newer operators could face (in smaller scale projects, of course) devastation, in "what if it doesn't go according to plan" scenarios.
The journey to a successful development can be complex and arduous, especially if you're new at it. The Aladdin Group can provide curated guidance at every step. Reach out to schedule a discovery meeting.
News DEVELOPING: Herndon sues Comstock, demanding return of downtown redevelopment site By Angela Woolsey Published July 11, 2025 at 5:50PM A sign showing the concept plan for Comstock’s downtown Herndon redevelopment project (staff photo by Angela Woolsey) Herndon is officially taking legal actio...