RCA Regeneration confirm savings for its developer clients have now exceeded £15,900,000 (since Jan. 2022), unlocking previously unviable sites through Financial Viability Assessments negotiations with local authorities.
Rob Csondor
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Good news for RCA's Development Team!
We are delighted to announce the team has been appointed to JV North's Dynamic Purchasing System (DPS), under the Valuation Services lot.
Due to significant growth of the business and increasing opportunities within Cambridgeshire and Norfolk, RCA Regeneration Ltd. have recently expanded into the east of England after welcoming new Director Helen Morris to the team.
From a viability perspective, this question could equally be phrased the other way around.
Landowners, whether they be individuals or organisations, have a range of options when they consider how to maximise the value of their assets. These options depend upon the level of resources which they wish to commit, and the level of risk associated with that process.
For developers in towns and cities, vacant buildings are often seen as a constraint as they can impose additional costs upon development, either in terms of their conversion or demolition. Clearly, if the building is a designated or non-designated heritage asset, the presumption will be for retention of that building.
With the country’s mind firmly fixed on the COVID-19 crisis, other, normally significant issues have had to take a back seat. One such issue are the Government’s proposals for the delivery of affordable housing in England.
Let’s begin by assuming that you have identified one or a number of potential development sites, and that you’ve already undertaken due diligence research.
Within this you will have probably addressed issues such as access, ground conditions, green infrastructure and some other key considerations.
An independent planning and development (P&D) consultant can be very helpful at this stage in terms of shaping and improving your assessment - and therefore the planning proposal that you will ultimately submit.
Here’s how they can help.
Let’s assume you have identified one or a number of urban/ brownfield sites that could offer development opportunity.
You now need to ensure each one is viable
Here’s how to do this.
Undertaking an appropriate technical land assessment before site purchase and mobilisation is a critical part of any profitable development.
Here are some key things to consider and include.