Development Feasibility
We test your development against cost, income and risk before you commit capital. You get a cost model you can update as the design develops.
Who it is for
- Developers and investors
- Landowners deciding what to build
- Corporate property teams planning new premises
- Families buying property to build wealth for the next generation
What we do
We test a development on cost, funding and return before you buy the land or commit to the design.
- Development appraisalWe set land, construction, fees, finance and holding costs against the expected income or sale value.
- Cost modellingWe estimate building costs from early drawings or an area schedule and update the model as the design changes.
- Master planning supportWe price layout and phasing options so you can compare them on cost.
- Value engineeringWe cost alternative designs, materials and systems before you commit to one.
- Investment analysisWe test the return against changes in cost, income and programme.
- Funding adviceWe prepare the cost information and cash-flow forecasts that lenders and investors ask for.
- Procurement strategyWe advise on how to package the work and appoint the contractor.
- Commercial due diligenceWe review the cost and contract risks in a site or project you plan to buy into.
What you receive
Each assignment ends in documents you can file, submit or act on.
- Feasibility reportOur view on whether the project works, at what cost and with what risks.
- Cost estimateBuilding costs set out by element, with the basis, base date and exclusions stated.
- Development appraisalTotal development cost against income or sale value, with the resulting return.
- Sensitivity analysisThe effect on your return if costs, income or the programme change.
- Cash-flow forecastSpending by month, for your funding plan.
- Procurement recommendationOur advice on packaging the work and appointing the contractor.