What is Land Development?
In simple terms, land development is the process of reshaping the natural environment to meet the housing, commercial and industrial needs of the modern world.
It’s a highly complex and detailed process requiring the collaboration of qualified experts and entities to ensure that the land development’s execution meets strict regulations and the requirements of the client.
Due to the myriad of dependencies, meticulous planning of each phase of the construction process is essential before physical construction can begin.
The Process
The land development process varies depending on the type of project, but in general, engineering, project managers, and consultants work together through the main stages: pre-development, construction, and project completion.
Pre-Development Phase
Pre-development is the longest and most critical stage of any land development project. Typically it includes:
Market Analysis to ensure that the project fits with the needs of your target demographic.
Site selection and evaluation to assess the project’s suitability from both a physical (e.g. size, visibility, access points), legal (zoning restrictions, local council policies), environmental, and community perspective.
Due diligence and feasibility to satisfy legal requirements and confirm the risks and benefits of the project, particularly the major financial factors.
Comprehensive development and building plans, outling the details of the construction project including budget, scope, and schedule and necessary contingency plans.
Land acquisition
Budget and construction financing to calculate the financial return the development based on costs and fees, timing until completion and cash flow availability.
Land-use and building permit
Construction Phase
The construction phase is where the careful land development and building plans are executed. It is led by the project manager who coordinates the construction team, monitors progress, and makes and records adjustments from the baseline plan.
It is of paramount importance that the project manager communicates and reports on the progress of the report and any deviances, as well as ensuring quality standards and deadlines are met, and the budget is controlled.
Project Completion
Once the project has been completed, sign-off is given by the final customer dependent on the handover of project documentation. In addition, the closure entails:
Termination of supplier contracts
Releasing of project resources
Communication to all project stakeholders, and finally
Lessons-learned studies
All in all, depending on its size, location, collaboration with local government, and the nature of the build, land development projects can take anywhere from months to several years to come to fruition.
Working with knowledgeable and experienced local partners with a trusted track record can smooth the process, clear hurdles, and ensure that projects are delivered on time and to budget. APX West specializes in land development and investment projects for clients looking to grow their personal portfolios and maximize their investments. We combine our experience and resources to tailor plans which fulfill their investment wants and needs.What is Land Development?
In simple terms, land development is the process of reshaping the natural environment to meet the housing, commercial and industrial needs of the modern world.
It’s a highly complex and detailed process requiring the collaboration of qualified experts and entities to ensure that the land development’s execution meets strict regulations and the requirements of the client.
Due to the myriad of dependencies, meticulous planning of each phase of the construction process is essential before physical construction can begin.
The Process
The land development process varies depending on the type of project, but in general, engineering, project managers, and consultants work together through the main stages: pre-development, construction, and project completion.
Pre-Development Phase
Pre-development is the longest and most critical stage of any land development project. Typically it includes:
- Market Analysis to ensure that the project fits with the needs of your target demographic.
- Site selection and evaluation to assess the project’s suitability from both a physical (e.g. size, visibility, access points), legal (zoning restrictions, local council policies), environmental, and community perspective.
- Due diligence and feasibility to satisfy legal requirements and confirm the risks and benefits of the project, particularly the major financial factors.
- Comprehensive development and building plans, outling the details of the construction project including budget, scope, and schedule and necessary contingency plans.
- Land acquisition
- Budget and construction financing to calculate the financial return the development based on costs and fees, timing until completion and cash flow availability.
- Land-use and building permit
Construction Phase
The construction phase is where the careful land development and building plans are executed. It is led by the project manager who coordinates the construction team, monitors progress, and makes and records adjustments from the baseline plan.
It is of paramount importance that the project manager communicates and reports on the progress of the report and any deviances, as well as ensuring quality standards and deadlines are met, and the budget is controlled.
Project Completion
Once the project has been completed, sign-off is given by the final customer dependent on the handover of project documentation. In addition, the closure entails:
- Termination of supplier contracts
- Releasing of project resources
- Communication to all project stakeholders, and finally
- Lessons-learned studies
All in all, depending on its size, location, collaboration with local government, and the nature of the build, land development projects can take anywhere from months to several years to come to fruition.
Working with knowledgeable and experienced local partners with a trusted track record can smooth the process, clear hurdles, and ensure that projects are delivered on time and to budget. APX West specializes in land development and investment projects for clients looking to grow their personal portfolios and maximize their investments. We combine our experience and resources to tailor plans which fulfill their investment wants and needs.
