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Charrette Development Group is a multifaceted business, encompassing activities that range from the renovation and re-lease of existing building to the purchase of raw land and the sale of improved parcels to others. We coordinate the activities, converting ideas on paper into real property improvements. We create, imagine, fund, control and orchestrate the process of development from the beginning to end. Our process usually takes the greatest risk in the creation or renovation of real estate and receives the greatest rewards. We purchase a tract of land, determine the marketing of the property, develop the building program and design, obtain the necessary public approvals and financing, build the infrastructure, and lease, manage, and ultimately sell it to the end user.
No matter how talented an individual, development is a team effort. Our development team is put together in several ways, including many services, from architecture, engineering, designing and construction.
Charrette assembles a team of professionals to address the environmental, economic, physical and political issues inherent in a complex development project. This critical process is very complicated and our success depends on the ability to coordinate the completion of a series of interrelated activities efficiently and at the appropriate time.
Our development process requires skills of many professionals which include architects, landscape architects, and site planners to address project design; marketing consultants to determine demand and a project's economics; attorneys to handle agreements and government approvals; environmental consultants and soils engineers to analyze a site's physical limitations and environmental impacts; surveyors and title companies to provide legal descriptions of a property; and lenders to provide financing which is the most critical element to our success.
The Subdividing of land is the principal mechanism by which our projects and communities are developed. Technically, a subdivision is the legal and physical steps Charrette must take to convert raw land into developed land. Subdividing the land is a vital part of a community's growth, determining its appearance, the mix of its land uses, and its infrastructure, including roads, drainage systems, water, sewerage, and public utilities.
In general, land development is the riskiest but most profitable technique as it is so dependent on the public sector for approvals and infrastructure and because it involves a long investment period with no positive cash flow for extended periods of time.
After the subdivision is complete, the developer usually markets the land to a home builder or other end user, for such uses as a residential, commercial, industrial, warehouse or shopping center to mention a few. In any case, use of special intelligence tools mitigates our risk by modeling the population trends and demographic make-up of customers a home builder or retailer would like to have surrounding their new locations.
- Accounting/ Control/ Reporting
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- Architectural and engineering contract negotiation
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- Budget development and administration
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- Environmental and site evaluations
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- Feasibility and economic analysis
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- Government approval coordination
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- Marketing and public relations
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- Operations and maintenance planning
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- Tenant construction management
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