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Development Planning

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Real estate and facilities development can be a complicated and risky proposition. Pilot Development’s role is to guide owners effectively and safely through this process. There is no more important component to reducing risk and achieving high performance results than engaging in early planning and feasibility analysis. Many issues, from site selection to regulatory constraints and finance, need to be considered. Effective planning and analysis is the result of owner collaboration and Pilot’s development expertise.

Feasibility studies answer two essential questions: Can the concept be achieved? Do the rewards outweigh the costs and risks? Each project’s potential and risk is unique, and deserves assessment.

Development planning builds on the feasibility analysis to produce a project business plan. This plan provides the basis for directing the work of the project team, and establishes a set of benchmarks for the development to follow to completion. Key elements:

The project and its goals are well defined;

Risks are analyzed;

Benchmarks for cost and time are set; and

Tasks and responsibilities are defined for project team members.

The development plan is the result of many important decisions, and ultimately acts as the road map for the entire project.

About Pilot
Consulting Services

Should we develop?

What will it cost?

Can we build what we want?

What should we build?

If we build it, will they come?

How long will it take?

What are the risks?


LEED &
Energy
Management
Development
Management
Development
Planning

Our Team

Our Team
Property
Management
Capital
Programs

PLANNING

Site Survey

Building Program

Detailed Permit Analysis

Project Schedule

Project Budget

Finance/Investment Plan

Project Pro forma

Establish Project Team

FEASIBILITY

Site Selection

Existing Conditions

Desired Uses

Permitting Potential

Physical Potentential

Market Analysis

Available Finance

Draft Budget

Preliminary Pro forma

Efficient

Development

Reduced

Risk

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6 Pleasant Street, Suite 508

Malden MA 02148

Tel: 617 542-0450


info@pilotdevelopment.com