DEVELOPMENT

Preliminary Definition of Project Scope

Once you identify the need for Real Estate, Design, or Construction services all you need to do is call on us.  Our team of experienced developers can assist you with all aspects of the real estate development process including:  feasibility, design, planning, zoning issues, engineering, entitlement, and value enhancement of your individual project.  The process often begins with a feasibility study which includes a demand analysis.  This will assists you in determining the overall financial viability of the proposed project and address local and federal codes & laws that would apply.

Development Due Diligence Services

Once the preliminary scope has been defined with the you, we take the project through the due diligence period to identify conditions that may impact success.  This may or may not coincide with purchasing of the land based on the project’s needs.  This process can include any of the these steps:

· Creating a due diligence schedule of work, timeline and development service cost proposal

· A desktop review of the site

· Engaging consultants such as surveyors, geo technical engineers, civil engineers, and architects

· A site visit

· Developing a conceptual site and/or floor plan

· Developing a conceptual budget or Rom (Rough Order of Magnitude)

· Developing a preliminary project timeline for development

· Creation of a site report that captures pertinent information about the site and its development

Desktop Review

The first portion of Development due diligence services is to complete a desktop review of the property to answer basic questions and to uncover any unexpected or important information.  The desktop review consists of identifying and calling appropriate jurisdictions, service providers, etc., to determine zoning, permitting processes, use restrictions, design requirements and restrictions, utility availability, access requirements, etc.

Engage Consultants & Preliminary Design

Depending on the scope of the Development due diligence services proposal, certain design services and/or consultants may be required.  These may include any or all of:

· Surveyor

· Environmental consultant

· Geotechnical engineer

· Civil engineer

· Architect - If a civil engineer and/or architect are engaged at this point, the scope of their necessary services is likely limited to the development of a conceptual site plan and/or conceptual building floor plan.

Site Visit, Site Report, and Conceptual Budget

There are several purposes of a site visit:

To see the site firsthand to verify whether actual conditions meet expectations.  The actual conditions of the site may lead to a reworking of the site plan or building plan, changing planned access points, utility locations, and other factors.

To meet face-to-face with the current landowner, municipal officials, and utility providers to confirm due diligence information learned during the desktop review.

To review the site conditions with the client, using the conceptual site plan and building floor plan as a basis for the review.

Review with Client

Review the conceptual site and building plan with you to specifically confirm the following points:

· Location of building (s)

· Orientation of building (s)

· Access points

· Site lighting requirements

· Review size and layout of building floor plan (s)

Conceptual Budget

After the above due diligence processes are completed, the next step is to create a conceptual budget for your to review.

Final Site Report

The site report is the culmination of the due diligence, conceptual planning and conceptual budgeting processes.  It is a vehicle to summarize pertinent information about the site, raise any potential issues and flag any unknown items.

The content of site reports can vary from project to project.  Example of this is a site reports for sites with existing buildings that are to be modified tend to be longer, more detailed and more specific than site reports for greenfield development.