When exploring a go, no-go decision on a potential development project, employing an architect for a project evaluation is essential. The complexities of a project will vary, and the extent of services needed to evaluate the project will vary as well. A project scope will be defined by the owner’s financial objectives which will in turn be integral with the projects budget. A speculative project balances cost with project scale. Market forces dictate what the project can handle, whether on a basis of lease or sale of the asset. Some important design studies that an architect will provide include...
