What is Development Consulting?

What is Development Consulting? | Parker Group

Greenville is a rapidly growing city, which means plenty of opportunities to take existing and unused pieces of property and transform them into something new. These commercial and residential developments are vital. They bring housing, jobs, tax revenue, and offer places for residents and visitors to engage with others and connect to their community. They are also highly complex and require vast amounts of research, planning, and resources in order to be successful. However, you don’t have to do it all by yourself, because development consulting services give you allies on the journey.

The basics of development consulting

Development consulting is a service provided by real estate experts that helps property owners navigate and complete many of the tasks necessary in order to get a development up and running. The best development consulting services offer comprehensive assistance, working with property owners during every phase of the project from the initial acquisition of the property through its completion.

When you choose development consulting, your team will handle many of the logistical hurdles involved in the process, make recommendations throughout the various phases, and work with you to ensure that you get the most out of your investment. They are your advocates when navigating the many challenges and working out the details of your development project.

What tasks are involved in development consulting?

Some of the services you can expect your development consulting team to provide include:

  • Site feasibility analysis
  • Budgeting and financial forecasting
  • Management of the development team (architect, engineers, contractor, lender, etc)
  • Meeting with government representatives for approvals
  • Handling site and project oversight

How development consulting benefits owners and investors

Development consulting services help owners/investors maximize their project ROI and achieve their overall project goals. They also help shield the owners and investors from the significant logistical burden any developer typically faces.

How you can optimize your next development project

As you begin planning what to do with your existing property, remember that you don’t have to do it alone. Parker Group is proud to offer a comprehensive development consulting plan that will empower you to strengthen your portfolio and reach your project goals, whether you are planning a small residential enclave or a massive urban infill development. Contact us today to learn more about how our experienced team can transform your next investment with proven development consulting services.

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