Development Project Management Services in NSW

We ensure targets are achieved through rigorous hands-on management, attention to detail and continual client liaison. This comprises acting on behalf of the developer and asset owner to best secure a result by devising and implementing strategies and diligently executing the action plan whilst continually assessing value creation opportunities.

Typical services include:

• Selection, appointment and management of the professional consultant team
• Design concept and feasibility analysis and modelling
• Design development strategy to meet market demand as well as prepare alternative strategies
•  Liaise with local planning authorities regarding development controls and constraints and negotiate best outcomes by coordinating and driving the development approval, rezoning or change of use process to achieve appropriate land use
• Manage the DA submission process and motivate for early approval
• Management of the development application and liaising with the relevant consent authorities
• Preparation of tender packages and manage competitive or negotiated tender process
• Devise and implement a programme to maximise pre-commitment and presales

Palladium was appointed midway through Stage 1 of the stalled project to undertake the due diligence and manage the development process to completion. The role included analysing and managing the due diligence required to assess the site conditions and the partially built structure.

This also included managing the structural remediation work, appointing and managing legal teams, appointing, managing and coordinating with all professional consultants, managing marketing, branding and leasing process, construction tender selection and appointment, managing project budget and cash flow, and coordination of food processing fit-out processes. Proposed uses for tenant occupied units are food processing and associated industries.

Palladium Property acted as development and project manager for a luxury residential development at the Shoal Bay, Port Stephens. “The Shoal” is a 2,068 m2 residential complex, comprising 53 two-bedroom apartments and penthouses with views over the ocean and an on-grade 55 bay covered car park. Designed by award-winning architects Marchese Partners, the shoal offers a luxurious and relaxing atmosphere.

Palladium’s role included undertaking initial review of the property market, supply and demand factors, managing the marketing, branding, leasing and sales, coordinating regular progress meetings. Practical completion was achieved in October 2016, and the project is fully leased and sold within challenging market conditions.

Pursuant to an assessment of the development potential of the rezoned development site within the new Local Environment Plan, Palladium is appointed as Development Managers to progress the site’s development potential to service the wider community and provide local employment. This includes coordination of a full range of select professional consultants and ongoing liaison with various authorities to secure timely approval for this high calibre local centre based on sustainable design principles by the Council and the Joint Regional Planning Panel.

Palladium was appointed to assess the project and manage the DA submission process under existing legislation with National Rental Affordability Scheme structures. The role involved a comprehensive development management process, review of strategy, advice and management of valuation of adjacent sites for the proposed acquisition, appointment and management of suitable consultants, coordination of pre-lodgement meetings and response and resubmission following a Deferral of Determination.

Phillip Hoare, as principal consultant, assessed various scenarios of the identified site and the development viability of this proposed development. Comprised negation with the site vendor, appointment and coordination of select architect and quantity surveyor, assessing the rental and strata sales rates, analysed the cash flows of the various scenarios, arranged pre-lodgement council meetings. Included due diligence and client advice throughout the project.