What phases are involved in development projects?
There are nine key phases involved in a development project: 1. Developer obtaining site control 2. Preliminary planning/ Community review boards 3. Financing contingencies 4. Architectural plans prepared/ permits obtained 5. Site Prep/Insurance 6. Marketing Materials / Commencement of Sales Cycle 7. Grounding Breaking of project 8.Building of site / Certificate of Occupancy 9. Sell out of units.