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Predevelopment

The phase of a construction project during which initial activities and studies are conducted to assess the project feasibility and scope before detailed design and planning.

Predevelopment involves site analysis, financial assessments, and preliminary design work, determining project viability.

Used in a sentence

Predevelopment activities include feasibility studies and securing financing for the project.

Synonyms/variation
  • Feasibility Study

  • Preliminary Planning

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Learn more about Predevelopment

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Mitigating the Impact of Tariffs in Construction

The construction industry faces constant financial uncertainty, and the 2025 escalation of global tariffs mandated by executive order drew attention to their potential impacts. While no crystal ball can tell exactly when they will go into effect, how long they will last or how much they will fluctuate, one thing is certain: Tariffs can affect the […]

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Understanding Subcontractor Bid Packages in Construction

Construction bid packages can have a cascading impact on the success of a construction project. The quality of a bid project may affect the quality of the bids, which in turn can impact the project budget and the final outcomes of the work. This article will discuss the importance of bid packages in the contractor-subcontractor […]

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