we discussed the importance of site selection during project feasibility. Regulatory considerations are another important topic of discussion – zoning approvals and public approvals required to develop a site must be studied carefully before a retail site is purchased. In areas where slower growth is a priority, procuring permits are difficult and rezoning is a [...]
he second part of our four-part series continues the discussion on project feasibility. After conducting a market analysis, the real estate developer has a general understanding of the local real estate market . Site Selection is the next crucial step in the process. A real estate developer must understand the dynamics that affect the site. [...]
roject feasibility! What is it? As the name implies, conducting a feasibility study enables the developer to assess whether the project makes sense from a market, site selection, regulatory, and financial perspective. Rather than spending a ton of money to find out that the project does not make sense to build, conduct a project feasibility [...]
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