The resort development process is both complex and interactive, consisting of many interrelated activities requiring constant monitoring and adjustment. Our vast expertise allows us to carefully weigh each component in the process to ensure economic feasibility.

Not only do we have experience in managing the process for you, but we have been in your shoes, as owners and property managers. We know firsthand what you’re facing and can help navigate the many challenges you may be facing. We can work with projects of all sizes, from offering personalized and one-on-one service to single family (residential) property owners to the more complex and larger multi-phased.

The Development Process

Instead of approaching resort development as a series of separate projects simply to be completed, we are constantly referring back and updating the data complied during the feasibility and analysis phase of our work. In some cases, we go no further than that stage if our findings indicate that a project is not viable or if it’s in the owner’s best interest to consider alternatives

Instead of approaching resort development as a series of separate projects simply to be completed, we are
constantly referring back and updating the data complied during the feasibility and analysis phase of our work. In
some cases, we go no further than that stage if our findings indicate that a project is not viable or if it’s in the
owner’s best interest to consider alternatives.

Overview

In general, the developer’s role is to orchestrate the development process and bring a project to fruition as the
team leader.

Project Planning

  1. Site planning and design – taking the project from concept to reality
    a. Covers all of the components of a proposed development

     2. Creation of Project Business Plan

We work with you to create a plan that will guide the design and construction of the project.

Regulatory Issues and Community Relations

A well-conceived strategy can help avoid unpleasant and costly surprises, and anticipating any roadblocks or
delays can help the project proceed more smoothly. After the initial analysis is complete, we meet with local
officials to brief them on the proposed project and uncover any concerns. In the event that community or special
interest groups voice opinions, we will meet with them and discuss suggested changes. If we receive conceptual
approval at this point we can proceed with more detailed planning.

We will complete the following steps during this phase:

  1. Evaluation of existing regulations that potentially impact the proposed development
    a. Requires understanding of the basic community regulatory and political issues\
  2. Creation of a plan of action to negotiate the approval process
    a. Collaboration with the proper individuals to deal with any issues at hand
    b. Identification of all required permits (federal, state and local) and the time needed to obtain each

Despite a developer’s best efforts, a proposal may be subject to many months of exhaustive study, negotiation,
and waiting. Our expertise in navigating this process makes for a much more seamless experience and a higher
likelihood for a successful outcome.

Flexibility

Flexibility in a project is crucial to its success. Owners must be prepared to build (and sell) what the public wants to buy, since no one knows how the economic climate may change over time. In addition, a project’s build out time may differ from what was originally represented in legal documents and permits, creating complications that can cause further delays.

Therefore, the developer must not only carefully manage every step of the process, but also must be adept at anticipating these types of issues before they occur. This is especially true for multi-use developments or those transitioning from private to fractional ownership. Having relationships with local governments and a familiarity with various covenants will also increase chances for a successful project.

Construction

The construction stage not only marks the beginning of construction, but also triggers the continuation of planning as well as the initiation of the marketing and sales program as well as ongoing operations and management.

As is widely known, the construction phase opens the property owner up to many uncertainties, all of them potentially expensive. During planning, cash outlay can be minimized. However, once construction begins major amounts of cash and human effort are committed. Our responsibility is to manage all construction activities, ensuring that each job is completed on time and within budget, all within an environment of uncertainty.

On larger resort projects the developer frequently acts as the general contractor and subcontracts most of the construction. Conversely, on smaller projects, a general contractor may be hired to oversee the various trades. In either case, we orchestrate all of the vital roles to coordinate the many players during construction. We make sure that construction as well as marketing occur within budget and are focused on long-term management success.

Creative Concepts

We go to great lengths to look at each project individually and provide a customized solution to suit your needs. This is best done with an in-depth Feasibility Study in which we look closely at market conditions and other factors before making a recommendation regarding your project, which may involve a hybrid concept.

Our approach involves fitting the right product to your unique situation. Our hybrid models maximize the property’s potential through efficiency, something everyone should be paying attention to in today’s market.

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