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Managing Risks in Facility Development Process - SFP Insider

Thursday, March 14, 2019  
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Site&Facility PlanningInsider
Managing Risks in Facility Development Process
Not having the local community behind you can sink your project — case in point: local protests against Amazon’s HQ2 in Long Island City, N.Y., caused the company to cancel its plans. Discovering the priorities and concerns of the neighborhood and other constituents — long before the first presentation — is one key to asuccessful entitlement process.Of course a zoning analysis, environmental review, and other facets of due diligence are also paramount.

Even if your company is not building from the ground up — i.e., renovating an existing property for your project — there aresite selection risksthat must be managed. Changes in technology and demographic preferences are transforming building function and layout. A property owner might need to apply for a change in zoning or a permit for a business classification change. If the property has been abandoned or consists of brownfield assets, an environmental review is required.

In either case — whether your company is building a facility from the ground up or engaging in adaptive reuse of an existing structure — thorough planning and preparation will ensure the project is successfully completed on time and within budget.

Acing a Project’s Entitlement Phase

Peter GourdeauPeter Gourdeau, Director, Project Development, Windover Construction

Project due diligence along with clear communication with the project team and the surrounding community are needed to ensure your project gets off the ground.

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Late-Cycle Site Selection: Risk Management Principles

Misty PonceMisty Ponce, Principal and National Client Manager, Partner Engineering and Science, Inc.

If your company chooses an asset that calls for renovation or adaptive reuse, risk management needs to be an important component of your strategy.

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