Feasibility Study

Real estate development requires the investigation of the potential negative and positive outcomes of a project before major investment occurs. A proper Feasibility Study takes into considerationÂ a number of critical elements to evaluate the viability of a project.

Our Feasibility Study methodology

CITYTREND conducts complete Feasibility Studies for new development such as subdivision, new construction, and re-zoning. Our analysis evaluates the policy context and collects information to clearly evaluate the risks and challenges associated with your project. To acquire the proper information, our Feasibility Study considers the technical requirements and also collects feedback from the local jurisdiction and community group.

Know before you start

Knowledge is the key factor for success with City Hall. We have identified four categories to develop a complete understanding and ability to successfully manage a project to approval. We call it the four “Ps.”

1.Policies

This pillar is critical. Understanding the regulations is important to evaluate up front if a project is at risk or not.

2.People

The approval process will include the input from dozens of people ranging from community groups to technical reviews from engineers or feedback from the parks department. Our understanding of the role of each referee is an important piece of the puzzle.

3.Process

The approval process will differ depending on the application itself. We map the process steps clearly so you can keep track of your progress and develop a predictable timeline.

4.Product

This is usually where our clients excel but understanding your own product is key in being able to make adjustment along the way and respond to comments and feedback.