Development Analysis

“Does It Pencil?” asked a NY Times business article. A real estate project that doesn’t “pencil” doesn’t make financial sense. But is revenue vs. cost all you should consider?

I’d rather you undertake your project knowing the total picture. Project feasibility is serious work; a skilled, seasoned architect can clarify your ambitions and options versus costs – all of them – so you can make good decisions.

Development Analysis is “Design” in its broadest sense, and I think we’re very good at doing this. It’s also our most requested service post-COVID. Our approach is to interview clients and key staff … then research zoning and codes, incentives, Agency process and timing, condition of local infrastructure, climate and other hazards, along with political will. For an existing structure, besides its condition and physical context, we consider adaptability and even the community’s attitude toward preserving its past. We look for constraints – and opportunities.

Simultaneously, we develop your options with site plans, massing studies, and typical floor plans. Although it’s iffy to consider too early what the project might look like, occasionally some people ask for elevations and other concept drawings. That’s especially the case when fundraising is involved, and mandatory if you need an initial Agency assessment.

A long-standing client once called me the “Master of the Inevitable.” To me, that’s high praise.

David Paul Helpern, FAIA