Site Evaluation and Predevelopment
SITE SELECTION & DUE DILIGENCE
One of the keys to long-term success in real estate is buying a property “right”.
CDC Group does not leave our project or our investment up to chance. We navigate the complex due diligence process through extensive preparation to mitigate project pitfalls. This is an essential first step in developing an understanding of any risks associated with the properties’ potential unknowns.
We begin the Site Selection & Land Acquisition phase by defining the project goal and scope, ensuring a clear and comprehensive understanding of the objectives and vision for the development.
Our due diligence is thorough, encompassing detailed environmental assessments, zoning regulations, and market conditions review to ensure the site's feasibility.
Feasibility study: analyze every aspect of the project’s potential success and financial implications of costs, payback & needs analysis to determine project viability.
Development budget: prepare accurate preliminary budget and financial plan, outlining expected costs and revenue projections
Financing options: evaluate various financial options and market conditions to secure the best possible capital for our projects.
PREDEVELOPMENT
Master planning is one of the critical steps to complete early in the life of the project in order to ensure success. Our team works with each of our clients and partners early in the process to uncover, assess and manage all risk appropriately.
Our detailed site evaluation considers factors such as property size, visibility, traffic flow, demographics, zoning restrictions, community impacts, and local government policies.
We also assess potential hazardous materials, and other negative environmental impacts or any other site challenges that can have specific cost or negative project impact.
We then assemble a top-tier development team, including architects, engineers, and contractors, to create detailed site plans and construction drawings.
Our team navigates the complex land entitlement requirements, ensuring all necessary permits and approvals are obtained. This includes environmental assessments, surveys, and a detailed analysis of construction costs and market data.
The key services that we undertake include:
Site Evaluation
Assembling the Development Team
Creating Site Plans and Detailed Construction Drawing
Navigating Land Entitlement Requirements
Conducting Due Diligence and Feasibility Studies
Finalizing Budget and Securing Financing