Development Feasibility
Analysis of whether a development proposal is practical and financially supportable.
Who we work with
Developers, landowners, investors and lenders need feasibility analysis when deciding whether to acquire a site, advance a concept or compare alternative development forms.
When you need us
A site’s potential depends on more than permitted density. Costs, demand, timing and achievable revenues affect whether a proposal can proceed.
What we do
Assess market demand, costs and timing assumptions
Evaluate development pro formas and sensitivity to changing inputs
What you receive
The study identifies the assumptions and constraints shaping feasibility, providing a basis for comparing options and deciding the next steps.
What we need to begin
Send the concept plans, approval position, development budget, revenue assumptions and anticipated schedule. Identify known site constraints, servicing requirements and any alternatives you want compared.
An anonymized assignment
gsi prepared a consulting study comparing residential development scenarios and land values for a landowner group. Built forms, densities and approval assumptions were distinguished so the alternatives could be considered on a consistent basis in cost sharing discussions.
Questions & answers
How are uncertain costs and revenues handled?
We identify the source and date of key inputs and can test agreed changes in the assumptions. The aim is to show which inputs most affect the comparison rather than conceal uncertainty in a single result.
Is a feasibility study a construction cost estimate?
No. Cost information should come from the appropriate project sources or specialists. The study examines how the available inputs affect the development analysis.
Can we compare different building forms?
Yes, if there is enough planning, market and cost information to define meaningful alternatives. Each scenario needs clear assumptions about scale, timing and approvals.