OUR EXPERIENCE
Fee Development
Often, property owners seek the opportunity to redevelop their property to attain the highest and best value but seldom do these parties have the development expertise required to take a project through the re-zoning process. With a history in working across Canada, the United States and Europe, Projectcore has extensive experience and knowledge in the complexity of world class development projects.
Our continued success and recognition in building strategic relations across different disciplines enables us to endeavour a broad range of creative, strategic and facilitation opportunities. Projectcore specializes in sophisticated developments including mixed-use residential, unique entertainment experiences and heritage properties. Projectcore is a fee developer helping clients enjoy the added values of obtaining entitlements, selling finished lots or other entitled land without the owner needing to take on the complex development process.
As a Fee Developer, Projectcore assumes the responsibility of a developer for another principal as a representative. This fee is generally calculated based on a percentage of the total development cost and is charged as a monthly retainer varying over the different phases of the project. For each stage of the development, the developer’s responsibility varies from site selection, due diligence, securing zoning and entitlements, selecting project team members, creating schedules and budgets; all of which will lay the foundation for the project. Projectcore guides owners through a progressively complex myriad of financial, technical and market risks that may potentially impede the progress of the project. Our specialty lies in value creation for owners, investors and stakeholders yielding a project worth prestige and excellence within its definitive constraints.