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Black Magazine Issue No. 6

May 2024
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The Commercial Property Development Process

When it comes to commercial property development, there are many considerations. It would be best if you made sure that the project is feasible and that it will be successful.

It includes determining whether the land suits the proposed development and considering the impact on surrounding residential properties. It would be best if you also considered the zoning of the area.

Pre-planning

commercial property development process AdelaideThe commercial property development process Adelaide is a complex process involving several different aspects. This process can include everything from designing and constructing new office buildings to leasing and managing rental apartments. It is essential to have a good understanding of the commercial property development process before you invest in a project. It will help you avoid costly mistakes and ensure your project succeeds.

Before a developer can start building, they must acquire the land and obtain the necessary permits and licenses. This process can take a long time and requires considerable research and evaluation. For example, a developer may need to determine whether a location has the proper zoning for its planned development or will be compatible with local regulations. They may also need to establish if there is sufficient demand for the property they are planning to build.

During this phase, a commercial property developer will meet with the local community and city planners to discuss their plans. This process can be complex, as it is difficult to please everyone involved. Often, it takes months to get the final approval from the government agency. The developer usually needs to hire consultants, architects, engineers, and other experts during this time.

Once a plan is in place, the contractor will begin the construction of the new property. It can include excavation, site preparation, and earthwork. Once the foundations are in place, the structure will begin on the building itself. Once the installation is complete, municipal inspectors will review it to ensure it meets all standards. If it does, the developer will receive their certificate of occupancy.

Planning approval

Planning approval is a legal document that allows you to carry out development on your land. You must obtain this approval before building a new commercial property or renovating an existing one. A commercial property development process Adelaide developers must prove their proposal is a good fit for the local economy and will not adversely affect the environment. The process of obtaining development approval can vary from Council to Council. It will also depend on the type of development you are undertaking and whether it is exempt or a code-assessed or impact-assessed project.

The planning process involves several steps, including submitting a detailed site plan and addressing any issues with water supply, sewage disposal, utilities, traffic, fire safety, public obstructions, etc. Working with a professional when preparing for this stage is essential, as it can save you time and money in the long run.

When you apply for a development application, your local Council will assess it against the Planning and Design Code. This code sets out the objectives and principles of development control and provides a framework for planning policy. It also defines how the area is zoned into residential, rural living, industrial and other zones.

You can use the Council’s online application tracker to check the status of your application. This tool enables you to search for developments by address, a lot on plan number, or development application number (beginning with A00). You can also save searches and receive email notifications about updates. In addition, you can lodge your application by post or email. However, you may need to pay an additional processing fee if you do so.

Development approval

The development approval process begins once the design and planning stages are completed. It involves consulting with local government agencies and gaining permission from the community to proceed with construction. It can also include securing financing from banks and lenders and coordinating with other professionals to get the project off the ground.