Development Services Chesapeake
At Armada Hoffler our goal is always to add value. Our real estate development services are designed to increase the overall worth of a property. Armada Hoffler Properties’ development services can be utilized at the start of a project or when improving an existing property.
The development of a property requires a fully hands-on team with people from all practices. Architects, engineers, contractors, layers, consultants, salespersons, and more are all necessary to undergo this process.
The development process goes as follows:
- A budget is created to make sure the project is possible from a financial standpoint
- A consultation with government officials will take place where the developer explains why the project is beneficial for that area
- Mockups and blueprints are then made and will get sent in for approval
- The finances will need to be finalized and then construction can begin
- Once construction is complete the developer has rights to the building and can sell or lease to the public
Armada Hoffler’s integrated development services create a competitive advantage in the marketplace and provides sustainable, long-term value to investors.