Isn't that what every client
wants to hear? Well, I mean it, and all it will cost you is... Actually, it
will cost you, but it will be comparative peanuts, and it will save you a lot
of money, time (i.e. more money) and keep your landowners and investors happy
(i.e. less stress).
When you
undertake your initial due diligence, before your capacity assessments, we can
help you. Before you’ve pitched the investors or made an offer to the
landowner, we can help you identify the risks and opportunities that will
affect your developable area.
“You cannot
make an omelette without breaking eggs”. The idea of balancing risk and reward
is not new. But that balancing act is an art and a science, where one is not
rewarded for blindly taking risk. So how do you decide which is a risk worth
taking, an egg to be broken? Or when that egg is actually a Fabergé egg that
needs to be preserved. Armed with that advice, you can negotiate with greater
confidence on the potential value of the development, share out the risk and
prepare your partners for the obstacles to bringing the project to fruition.
Our clients
understand this, and they get us onboard early, sometimes sending us the
particulars of a site and asking for an opinion before they bid. We can give an
initial steer on red flags and, very rarely, will identify a site that is so
high risk we'd recommend avoiding it entirely. Isn't that what you need to know
as a developer?
Here is a real scenario: a Green
Belt site with a ridge running down the centre, well enclosed by strong
defensible boundaries and well related to the existing built form. It looked
fantastic on paper. On the site visit, it was possible to see that half of
the site was visible from the nearby AONB and, more importantly, development in
that half of the site would introduce development into views where there was
currently none. Half of that site suddenly became high risk and was heavily
recommended to be excluded from the developable area. I was on site for an hour
and helped the client make a better informed decision about the value of that
land.
We understand that the Masterplanner's
job is to balance all of the different, and often conflicting, requirements of
the consultant team, to come up with a solution that will satisfy the council
and, most importantly for the client, be financially viable. As consultants, we
have to be pragmatic, and to understand that if the finances don't add up, the
whole exercise is academic. Our job as consultants is to identify risk and help
the Masterplanner and the client reach that solution, and then to help them
bring the council on board.
This doesn't need to be an
expensive process either. We understand that, at the initial stages of a
project's planning journey, there is little budget to play with and that you
don't necessarily need a formatted report and a CAD rendered plan. Instead, you need distilled advice,
risks and opportunities of the site from external views to give you a better
handle for your initial capacity assets – the key points set out on a sketch plan
and a call to talk it through. If all goes well, you can come back for the
polished, public report for early pre-app discussions or representations to the
development plan.
Adding in ecology
and arboriculture to the mix can add further insight. As an example, we
regularly work on large strategic greenfield sites. These sites are often
crossed by a network of hedgerows and trees. These are valuable landscape
features, but in the masterplanning process, something has to give. Which ones can
go and which ones have to stay? The Arboriculturalists and Ecologists can provide
a hierarchy of importance, identifying the defunct, species poor category C examples,
rather than the species rich, tree laden category A, or, even more important:
the veteran tree? That allows you and the masterplanner understand where those quality
eggs are.
Early
environmental due diligence may feel like a drain of scarce resources at the
start of the project, when the available pot to spend is small, but it can pay
back hugely down the line and help you avoid making a Fabergé omelette.

No comments:
Post a Comment