Module 6

The Predevelopment Process

  1. Creating the Program
    • Introduction
    • Objectives
    • Master Planning
    • Building Description
    • Zoning
    • Traffic
    • Existing Data
    • Energy Use Optimization
    • Philosophy
    • Interior Design
    • Marketing
    • Scheduling
    • Team and Team Relationships Diagram
    • Presentations
    • Area Calculations
    • Pricing and Cost Estimates
    • Tenant Allowances
    • Technical Data
    • Code Synopsis
  2. Selecting the Team
    • The Development Team
  3. Land Brokers
  4. Project/Development Manager
  5. Construction Manager
  6. Schedule Consultants
  7. Tenant Development Coordinator
  8. Design Team
    • Architect
    • Land Planner
    • Interior Decorator
    • Space Planner
    • Landscape Architect
    • Graphics Designer
  9. Engineering
    • Civil Engineer
    • Surveyor
    • Structural Engineer
    • Mechanical Engineer
    • Plumbing Engineer
    • Electrical Engineer
    • Fire Protection Engineer
    • Geo-Technical Engineer
    • Environmental Engineer
    • Parking Consultant
    • Traffic Engineer
    • Specialty Consultants
  10. Construction
    • General Contractor
    • Subcontractor
    • Job Superintendent
    • Tenant Construction Contractor
    • Material Supplier
    • Testing Services
    • Quality Assurance/Quality Control
  11. Debt and Equity Financing
    • Mortgage Broker/Banker
    • Mortgage Lender
    • Equity Money Raiser
    • Financial Consultant (Investment Banker)
    • Inspecting Architect
  12. Insurance
    • Agent
    • Carrier
  13. Tax Consultant
  14. Appraiser
  15. Marketing
    • Market Analysis
    • Brokers and Leasing Agents
  16. Property Management
    • Property Manager
    • Maintenance and Operations Manager
    • Service Vendors
  17. Asset Manager
  18. Attorney
  19. Accountant
  20. Linear Responsibility Matrix
    • How to Select the Team Members
  21. Value in the Section of Consultants
  22. Requesting Proposals and Predevelopment Budgeting
  23. Proposed Contracts
  24. Predevelopment Budget
  25. Managing the Budget: The Developer’s “Seed Money”
  26. Phase 1: Site Selection Seed Money
  27. Phase 2: Predevelopment Seed Money
  28. Phase 3: Preconstruction or Prelclosing Seed Money
  29. Phase 4: During Construction Seed Money and Equity Advances
  30. Predevelopment Budget Management
  31. Predevelopment Work Order System
  32. Scheduling Work Tasks
  33. Predevelopment Budget Scheduling
  34. Summary Schedule
  35. Summary Design and Construction Schedule
  36. Detailed Design Schedule
  37. Managing the Process
  38. Responsibilities of the Players
  39. Legal Manners
  40. Land Purchase Agreement
  41. Zoning
  42. Title Search
  43. Survey
  44. Existing Leases
  45. Potential Litigation
  46. Professional Service Agreement Documentation
  47. Predevelopment Budget Scheduling
  48. Scheduling
    • Development Scheduling
    • Design and Construction Scheduling
    • Project Status Report
  49. Engineering Specialists
    • Boundary Survey
    • Topographic Survey
    • Storm Water Detention or Treatment
    • Ground Cover
    • Specially Designated Property Uses
    • Master Planning, Architectural and Engineering Design
      • Schematic Drawings
      • Design Development Drawings
      • Construction Drawings
      • Specifications
    • Program
    • Construction Administration
    • Master Planning
    • Local Planning Department
    • Local Building Department
    • Local Utility Departments
    • Local Fire Department
    • Local Department of Transportation
  50. Graphics
  51. Interior Decorator
  52. Construction
  53. Contractor Selection
  54. Subcontractor Selection
  55. Construction Cost Estimate
    • Hard Costs
    • Soft Costs
  56. Marketing Feasibility
  57. Advertising and Public Relations
  58. Budgets and Strategic Planning
  59. Marketing Centers and Visual Aids
  60. Marketing Agreements
  61. Tenant Leases and Sales Contracts
  62. Property Manager and Operations
    • Service Contracts
    • Management Contracts
  63. Financing
  64. Accounting/Draw Requests/Payment of Billings
  65. Coordination of Meetings: Making it Happen
  66. Initial Team Member Interview
  67. Initial Startup Meetings
  68. Biweekly and In-House Staff Meetings
  69. Biweekly Scheduling Meetings
  70. Monthly Joint Venture Meetings
  71. Business partner Meetings
  72. Design Review Meetings
  73. Biweekly Marketing Review Meetings
  74. Summary Design and Construction Schedule
  75. Detailed Design Schedule
  76. Value Engineering: An Ongoing Challenge
  77. Miscellaneous Ways to Reduce Costs
  78. How to Review Working Drawings and Specifications
  79. Where to Cut Costs While not Sacrificing Value
  80. The Amenity Package
  81. Helpful Hinks for Value Engineering
  82. Project Management
  83. Predevelopment Phase
  84. Design Phase
  85. Construction Phase
  86. Delay Claims Analysis Phase
  87. The Developer’s “Go” or “No Go” Decision
  88. Project Development Plan
  89. Construction Reporting
  90. Management Systems
  91. Marketing Reporting
  92. Finance and Accounting
  93. Preparing to Close the Financing
  94. Retaining Information: The Developer’s File System
  95. Postclosing Memorandum: A Complete Record of the Development