All ServicesService 03 of 05

Development Management

Acting as your in-house development team — managing feasibility, funding milestones, consultants and delivery to protect the investment case.

Overview

The development expertise you need without the overhead

Most organisations that develop property do so infrequently. The skills required — viability modelling, planning strategy, funder liaison, consultant management, programme control — are specialist, and the cost of carrying them in-house cannot be justified between projects.

October Projects provides that capability on demand. We embed within your organisation as an extension of your team, taking full accountability for the development process while you retain control of the investment decision. From the first site appraisal through to practical completion and receipt of sale proceeds, we manage every workstream on your behalf.

Our development managers have run projects for private landowners, institutional investors, housing associations, local authorities and corporate occupiers. We understand that development management means protecting the business case — not just delivering a building — and every decision we make is tested against the investment return.

Scope of Services

What we do

Our development management service covers the full lifecycle — from pre-acquisition appraisal through planning, funding, delivery and disposal.

Feasibility & Viability

Rigorous site appraisals and development viability models — GDV assessment, development cost build-up, residual land value analysis and sensitivity testing — to establish whether a scheme is worth pursuing before any commitment is made.

Planning Strategy & Management

Assembling and leading the planning team, managing pre-application engagement with the local authority, steering the design through policy requirements and representing the client’s interests through the consent process and any appeal.

Funding & Finance Management

Preparing investment committee submissions, managing development finance drawdown, producing funder monitoring reports and maintaining the relationship with debt and equity providers throughout the development period.

Consultant Team Management

Scoping, appointing and managing the full professional team — architect, structural and MEP engineers, planning consultant, cost manager, solicitors and specialist advisors — with clear accountability structures and information management protocols.

Programme & Milestone Control

Building and maintaining the development programme across all workstreams — planning, funding, procurement and construction — with milestone tracking aligned to funding drawdown conditions, planning obligations and forward sale agreements.

Sales, Leasing & Handover

Coordinating sales and leasing agents, managing the marketing programme, overseeing purchaser legal completions and administering the handover process — ensuring the investment case is realised through to the final disposal.

Fund Monitoring

Acting on behalf of lenders, investors and public-sector funders to protect their position throughout the development programme.

Independent Monitoring

Appointed by the funder to provide independent oversight of the development — reviewing construction progress, confirming that the scheme is being built as designed, and reporting objectively to the lending institution throughout the loan term.

Drawdown Certification

Assessment and certification of developer drawdown requests against the agreed cost plan and development programme. We verify that claimed costs are accurate, properly evidenced and align with works completed on site before recommending release of funds.

Risk & Progress Reporting

Regular structured reports to the lender covering construction progress against programme, cost performance against the agreed cost plan, risk events and developer compliance with loan conditions. Clear, objective reporting that protects the funder’s position throughout.

Cost Plan Review

Pre-loan appraisal of the developer’s construction cost plan — stress-testing assumptions, identifying cost risks and contingency adequacy, and advising the lender on whether the scheme is adequately funded before commitment is made.

Contractor & Contract Review

Pre-construction review of the proposed building contract, contractor financial standing and programme — advising the lender on the adequacy of protections, the robustness of the procurement and any conditions that should be placed on fund release.

Practical Completion Sign-off

Final site inspection and report confirming that the development has reached practical completion in accordance with the specification, that defects have been identified and that the funder’s security is unimpaired. The last formal checkpoint before the loan moves to the repayment stage.

Our Approach

How we take a development from appraisal to completion

RIBA 0–1

Site Appraisal & Acquisition Support

We assess sites and opportunities before any financial commitment — running the development appraisal, identifying planning risk, stress-testing the programme assumptions and advising on the acquisition structure. Our analysis gives the client a clear basis for the investment decision rather than a set of aspirational projections.

Viability ModellingRisk AssessmentAcquisition Advice
RIBA 2

Planning Strategy & Concept

We assemble the planning and design team, manage pre-application discussions with the local authority and steer the concept design towards a scheme that is both commercially optimised and approvable. We maintain a live planning risk register and advise on the consent strategy — including reserved matters, phasing and S106 negotiation.

Pre-ApplicationPlanning TeamS106 Strategy
RIBA 3–4

Consent & Conditions

We manage the planning application process from submission through to resolution of all pre-commencement conditions. This is a critical programme path — delays here cascade into funding and construction — and we track every condition discharge, legal agreement and technical approval to maintain the timeline.

Application ManagementConditions DischargeProgramme
RIBA 4

Funding, Procurement & Mobilisation

We coordinate the funding package alongside construction procurement — ensuring drawdown conditions are aligned with the contract programme, that the contractor is appointed on terms that protect the client, and that the development is ready to start on a date that is defensible to funders and forward purchasers.

Funder ReportingContractor AppointmentDrawdown Conditions
RIBA 5

Construction & Development Delivery

On-site, we act as the client’s representative — attending progress meetings, reviewing the contractor’s programme, signing off on key milestones and managing the reporting obligations to funders and purchasers. The investment case does not stop at financial close; we continue to protect it through every month of the build period.

Client RepresentationFunder MonitoringMilestone Sign-off
RIBA 6–7

Completion, Sales & Disposal

We manage the transition from construction to occupation and sale — coordinating legal completions, managing the marketing and sales agent relationship, overseeing the handover process and administering any forward fund or lease obligations. The project is not closed until the investment is realised.

Legal CompletionsHandoverDisposal Management

Why October Projects

What sets our development management practice apart

01

The business case, not just the building

Most development problems originate in decisions that looked reasonable in isolation but ignored their effect on the investment return. Our development managers understand viability, and every programme decision, design change and procurement choice is tested against its impact on GDV, cost and return.

02

In-house capability, without the overhead

We provide senior development management expertise for the duration of a project, at a fraction of the cost of a permanent in-house team. When the project ends, so does the cost. For organisations that develop intermittently, this is the rational model — experienced resource deployed exactly when it is needed.

03

Funder-facing from day one

Development finance providers require regular, credible reporting. We have long-standing relationships with development lenders, housing associations and institutional investors, and we produce the monitoring reports, drawdown certificates and programme updates that keep funding relationships healthy throughout the development period.

£1bnProject value delivered
100+Schemes completed
50+Years combined experience
UKMidlands-based, national coverage

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We will bring the development expertise, the funder relationships and the delivery discipline. Get in touch to discuss your project.