Development Process

The necessary activities in the real estate development process can be difficult and time-consuming; success depends upon experience, knowledge of what is required, how the system works, and good relationships with those involved in the process.

The twelve basic phases of the development process are:

1. Feasibility evaluation
2. Site selection and acquisition
3. Due diligence
4. Preliminary design
5. Pre-development
6. Final design
7. Pre-construction
8. Preliminary financing
9. Construction
10. Final financing
11. Post-construction
12. Occupancy

Each phase contains important tasks and the necessary for the process to advance smoothly. Neglecting any phase of the process may result in costly time-delays or even worse, failure to build the project.

Overland Development's experience is invaluable, we have been through the development process numerous times and can save a client thousands of dollars and avoid costly delays.