Market Analysis
Detailed development program considering market, financial, and site. Project revenues and balance opportunities with financial performance. Gather development opinion of costs and projections. Prepare alternate cash flow analysis/test absorption notions.
Master Planning
Illustrate special characteristics of the project. Locate land use types. Determine vehicular/ pedestrian circulation. Determine highest and best use of property.
Existing Conditions
Boundary survey, topography, and mapping. Identify surrounding parcel conditions. Phase one environmental.
Program Definition
Prepare preliminary description of program elements. Identify development goals. Collect regional market data. Preliminary site visit.
Site Analysis
Inventory existing documents. Determine additional required information. Evaluate physical characteristics. Identify development capabilities of the site.
Conceptual Design
Alternative development scenarios. Testing concepts using site analysis. Preliminary phasing. Land use suitability.
Our expertise enables your dreams to become reality.
Whether you are developing an office building for your small business or developing an urban mixed use community, the development process is so unique and complex because of all the potential variables. Some include site conditions, rules and codes from different municipalities and governmental organizations, environmental factors, costs of different development options, economic trends, social or environmental impacts.
Permitting
Identify requirements/ zoning/code. Prepare submittals to appropriate entities for review. Project approvals. Experienced, professional representation. Monitor in accordance with construction documents.
Schematic Design
Determine initial development project areas. Detailed design and specific examination. Establish project character and scale.
Design Development
Begin to establish how to build project. Detailed evaluation of design solutions costs/quality. Allows accurate study/revisions prior to construction documents.
Construction Documents & Specifications
Full/complete description of project design/construction. Details suitable for obtaining bids. Legal documentation of record for the project construction. Sealed documents/ professional, licensed site services.
- Wilmington
- Carolina Beach
- Kure Beach
- Burgaw
- Surf City
- Holly Ridge
- Leland
- Belleville
- Navassa
- Northwest
- Bolivia
- Southport
- Bald Head Island
- Shallotte
- Ocean Isle
- Sunset Beach
- New Hanover County
- Brunswick County
- Pender County
- Onslow County
- Sampson County
- Cumberland County
Where is the best land. Where can they charge the most rent and create a community that will be desirable for people to live. The land is usually evaluated by price per acre and price per unit/door. Average pricing for single family land is $60k per acre and $20k per door. Average pricing for multifamily land is $200k per acre and $13k per door.
Even though there are hundreds of ways to plan out a development, there are a few common professional services and studies that most developers obtain in order to make more informed decisions.
Commercial land for any nonresidential use. Where is the best location, where is the access, where is the visibility, where is the competition. where can customers, patrons, deliveries, get to the commercial uses the easiest and what draws them there. Can the business make the most money in this location compared to another? Average cost of commercial land in our region is $350k per acre with our highest sales over $1.5m per acre.
Planning & Design Process Case Study: Colby Tract
A decision to develop land and to use the team approach begins the process of coordinated studies by professional consultants.
The initial step of the planning/design process is to prepare a description of
program elements, combining development goals, financial expectations,
regional market data, and physical analysis of the site.
