Renovation services
The objective of the approach is to give direction to the project in order to optimize the value of the land taking into account the current market and to stabilize all the constraints. The objective of the approach is to give direction to the project in order to optimize the value of the land taking into account the current market and to stabilize all the constraints. The description of segments and tasks is for information only and can be brought forward or delayed considering a multitude of constraints and the appearance of a potential buyer.
Different types of agreements with a buyer may be provided depending on the progress of the project. Development and marketing strategies will be reassessed as progress is made in order to optimize the value of the project and therefore the value of the land.
Preliminary assessment of the constraints and development potential of the site
- Have a map of the site boundaries and surrounding constraints
- Assess local and regional market supply for targeted vocations
- Assess the economic potential of market segments through benchmarking
- Verification of environmental constraints for wetlands and contamination
- Check service availability
- Evaluation of the authorizations required for the implementation of the project
- Prepare site plans for development scenarios
- Coordinate the positioning of site access and assess compliance
- Evaluate regulatory compliance and plan the steps according to the orientations taken
- Prepare a preliminary project economics in accordance with the proposed guidelines
- Meeting for the presentation of the pre-authorization file to the client
Development strategy
- Order market research for target markets
- Set up a development and marketing strategy
- Obtain required geotechnical and environmental reports
- Re-evaluate site layout with site constraints to optimize construction investment
- Make sure to optimize the implementation based on market assessments and specifications of the targeted sectors
- Prepare brochures and implement marketing strategy for site rental
- Prepare and negotiate preliminary agreements with potential tenants
- Adjust project budget with estimated costs and revenues
- Establish a project timeline for all tasks
- Meeting for the presentation of the progress file and approval of the orientations
Stabilize development stages
- Prepare and negotiate rental offers and leases with tenants
- Validate the sale potential of the building on the market
- Coordinate tenant due diligence steps
- Coordinate corporate images and tenant layout concepts with the project concept
- Set up financing and partnership with the buyer
- Carry out and finalize the procedures for obtaining the required authorizations and permits
- Transmit engineering and architecture concepts to professionals
- Issue guidelines to contractors for obtaining construction budgets
- Prepare contracts with the buyer and coordinate due diligence