JFS Engineering
Land Development and Water Resources Engineering
Site Development Concept
Categories: Uncategorized

The Site Development Concept is a basic plan for your project for prospective investors and stakeholders and can include these elements:

  • Includes basic infrastructure, permitting, engineering, and cost constraints analysis;
  • No-Build Use change, redevelopment, and maximum build-out options; and
  • Can include options for regenerative land development.

We’ve all been there, having several acres of prime real estate with favorable zoning and not knowing where to begin to add value to the asset. Well, maybe not everyone, but some of us are in a quandary about how to develop or enhance a parcel, add value to underutilized land, or streamline operations and get the most out of it. If you’re trying to sell a parcel and want to know its true potential value, consider having a land development concept developed for your site. You could use a generic pro-forma analysis, but that is non-specific and ignores development premiums and site constraints. For more solid results, think about going to the next level with a land development concept tailored to your program.

Land development is a business, plain and simple. When you’re looking to develop a parcel, you need to consider your hard and soft costs, as well as off-site improvements, balanced against the sales potential for the building type and ownership. This holds true for developing an empty lot, as well as expanding on or upgrading an existing development. You can also use this concept to support the feasibility of most any kind of construction outside an existing or proposed building.

The obvious benefit to a land development concept is that it includes a level of economic due diligence and real consideration of engineering site constraints. Typically, a concept plan is adequate for talking the project with stakeholders, potential investors, and informal municipal reviews. It also gets beyond the basics of a simple parking lot layout and considers setbacks, infrastructure, and operational issues. Armed with a basic engineering due diligence, you can sleep a little better at night knowing that major site issues have been identified.