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Like others, it's coming across to me that YOU are the obstacle in getting a successful resolution to this issue.... however it does appear that we only have part of the story. Looks like brother wants to sell for a fair price. You want it to buy his half cheaply directly from him, but he...

Look at it from his POV - you're trying to screw him by getting a dev block cheaply. What end result does he want - leave it empty, joint dev, rent it out & share costs & income or sell it & pay CGT ? The most likely (& probably fairest) result is to auction it - either you or someone else...