Economic Development Officer The Economic Development Officer Will Look At

Economic development officer
The Economic development officer will look at the project in terms of the economic assets it would bring to the local area. They would look at the projected financial gains and how much would come back to the local community in the form of the projects appearance in the local environment, tax from the development, jobs for the local community, and the general advancement of the area. They could then advise the projects merits and disadvantages.

4. Developers team
The Developers will wish to make a considerable profit from a development project, both financially and in reputation from the overall running of the project. A successful Developer will have an experienced and well run team of professionals that can utilise their skills in producing high quality projects. Their advice to the Developer can allow them to market the development to potential investors and tenants and calculate profits at an early stage, thus reducing the risk of failure.
Developer
The Developer will be at the core of the project, and in communication with all parties throughout the development from inception and beyond the end product. The Developer carries most of the risks and therefore must be satisfied that the project has a good chance of being successful, they will also need to convince the Fund Manager of this, as they are responsible for acquiring the project funding and be able to provide the Funding Institution with a financial guarantee. They need to understand the lead tenants requirements and help the architect develop the plans along these lines. The Developer must also acquire the planning permission from the local authority to proceed. A good Developer will surround themselves with the best professionals and contractors and will rely on their project leader to co-ordinate all the various individuals.
Architect
The Architect, working from the initial requirements of the lead tenants and the instruction of the developer will design the initial plans which they will go through with the local authorities and the contracts team to develop the project into a viable and legal development. They will continue to provide any design changes to the project throughout its construction as requirements change or costing adjustments need to be made. The Architect is under a legal obligation to remain impartial when questioned by local authorities and lead tenants.
Project leader
The Project leader will be on the team to ensure that the project is completed within the time frame and budget by co-ordinating all the professionals involved to create the finished development in both the design a building process. They will anticipate any problems their may be at any stage as well as being able to plan in advance how the building stage will proceed.