This phase is about determining whether the project is viable and setting the foundation for future planning.

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Market Research & Feasibility Studies – Assess demand, site potential, zoning regulations, and market conditions.
Site Selection & Due Diligence – Review land ownership, legal constraints, environmental issues, and topography.
Preliminary Concept Design – Create high-level project vision, product mix (residential, commercial, mixed-use).
Stakeholder Engagement – Meet with municipal planners, investors, and potential partners.
Preliminary Financial Analysis – Conduct initial pro forma and return-on-investment (ROI) estimates.
Risk Assessment – Identify key risks related to zoning, approvals, and financial viability.
Project Charter & Business Case – Formalize the project's justification, objectives, and high-level scope.
 

This phase focuses on defining the roadmap, securing approvals, and developing a detailed plan.

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Land Use & Zoning Applications – Submit rezoning or development permit applications.
Environmental & Engineering Studies – Conduct soil analysis, environmental impact assessments, and servicing reports.
Infrastructure & Site Planning – Work with civil engineers to plan roads, utilities, and stormwater management.
Detailed Financial Modeling & Budgeting – Refine the financial model, finalize budgets, and secure funding.
Design Development – Work with architects to finalize site plans, building designs, and amenities.
Construction & Phasing Plan – Develop a timeline for site servicing, vertical construction, and occupancy.
Stakeholder Approvals & Public Hearings – Engage with city councils, public groups, and neighborhood associations.
Legal Agreements & Contracts – Secure joint ventures, partnerships, financing agreements, and contractor bids.
Marketing & Pre-Sales Strategy – Develop sales plans, pricing, and branding for the project.

At this stage, the physical work begins, and the project comes to life.

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Site Preparation & Demolition – Clearing land, grading, and ensuring site readiness.
Infrastructure & Utilities Installation – Construct roads, install water/sewer lines, power, and telecommunications.
Building Construction – Oversee vertical development, foundation work, framing, and structural elements.
Sales & Pre-Leasing Activities – Implement marketing campaigns and secure buyers/tenants.
Project Team Coordination – Manage contractors, consultants, and project managers.
Quality Control & Inspections – Ensure construction adheres to building codes and permits.
Community & Stakeholder Engagement – Address concerns, provide updates, and manage expectations.
Budget & Cost Control – Track expenses and prevent cost overruns.

Throughout execution, monitoring ensures the project stays on track.

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Schedule & Milestone Tracking – Regular progress reviews, identifying delays and bottlenecks.
Budget & Cost Management – Adjust financial plans to accommodate changes and unexpected expenses.
Quality Assurance & Compliance – Conduct inspections, verify safety standards, and correct deficiencies.
Risk Management & Issue Resolution – Address construction delays, supply chain disruptions, and workforce challenges.
Stakeholder Communication & Reporting – Provide updates to investors, city officials, and buyers.
Pre-Occupancy Inspections & Testing – Ensure units and infrastructure meet required standards before turnover.

Once construction is finished, the project is formally completed and transitioned to owners or end users.

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Final Inspections & Occupancy Permits – Obtain approvals from municipal authorities.
Project Closeout & Documentation – Finalize legal documents, warranties, and as-built drawings.
Handover to Property Management – Transition operations to property/strata managers, HOA, or tenants.
Final Financial Reconciliation – Settle all invoices, review final budgets, and distribute profits.
Post-Construction Marketing & Sales Completion – Finalize sales of remaining units or leasing of commercial spaces.
Lessons Learned & Post-Mortem Review – Document successes and challenges to improve future projects.
Community & Stakeholder Feedback – Address outstanding concerns and finalize commitments to the city and public.