What does "Shovel Ready" mean?
Definition: "Shovel Ready" is when there are no more applications to be done or fees to be paid to break ground on a development site. The property is literally ready for digging.
The term “shovel ready” in Los Angeles is often used by developers, real estate brokers and site locators when speaking about development sites. The dictionary definition is “a construction project or site that is ready for the start of work.” A “shovel ready” site is a step up in value typically because it's one that has been tested and cleared of environmental challenges, has title clearance from development destroying easements, has any previous structures demolished, and has completed the entitlement and permitting processes with all fees paid.