Services & Products We provide our development services on either an individual or an integrated package basis. Our comprehensive capabilities include:   Initial development assessments   Pre-development services   Site acquisition/assembly   Municipal rezoning negotiation and permitting   Feasibility and financial analysis   Development design coordination   Hiring and management of consultants   Environmental evaluation and coordination   Construction administration   Accounting and reporting of project costs   Leasing services   Management of legal requirements   Initial development assessment Our experience as developers, combined with detailed market knowledge from our real estate services group, allows us to assess the potential, risks, and mitigation strategies for any type of commercial real estate development. Pre-development services We work to determine the feasibility of acquiring a site and the relevant zoning and municipal issues. We determine the form and scope of a building, its estimated costs and its potential to produce an economic return. Site acquisition/assembly We assist and advise on the development potential of a site, ensuring through due diligence that environmental, geotechnical and municipal requirements are taken into account. Municipal rezoning negotiation and permitting Well-established relationships with both municipal staff and elected officials in the markets we serve enable us to quickly and effectively understand potential zoning and permitting issues. We undertake rezoning and permitting processes to achieve the best economic results for a project. Feasibility and financial analysis This is the cornerstone of the development process. It begins at an early stage and continues throughout the process of development. A full understanding of project components, as well as their effect upon each other, is necessary to comprehend cost implications, revenue implications and overall feasibility results. Economic proformas are produced at an early stage and are continually updated to test and analyze any changes for viability. This enables decisions to be made quickly and early, avoiding costly mistakes later. Development design coordination We retain design professionals who bring a top calibre of expertise to the design process. Managing this process, we ensure the development has architectural appeal and is functionally and economically developed to attract tenants and investors. Hiring and management of consultants The selection of consultants with a proven track record, with experience of the type of development at hand, and who can work effectively together, is critical to the success of the project. Our experience in managing development projects from start to finish and across all types of real estate comes to the fore in this process. Environmental evaluation and coordination Prior to final site acquisition, and at all points in the process, environmental issues and risks must be assessed and managed. We retain skilled professionals and overlay our own experience to ensure codes are observed and that risks are identified and managed. We have specifically developed environmental policies governing our actions as developers. Construction administration Construction is often the single largest cost of development, and managing this activity is one of the most challenging and potentially risky activities. Our construction manager is a key part of the process, ensuring that the design team produces complete and value engineered drawings for tender and pricing. Construction contracts are negotiated with the general contractor appropriate to the project. The construction manager monitors progress, quality control, resolves issues, discusses and approves change orders and keeps costs in line with projections. Accounting and reporting of project costs Our specialist JD Edwards software keeps track of project costs and integrates overall results into the financial reporting for the development. Specifically assigned and experienced accounting personnel work hand in hand with our developers to track and report costs. Leasing services During the development, we work either with our in-house leasing specialists or, where necessary, with external leasing teams. We are involved in creating the right marketing approach and managing the leasing process to ensure the revenue projections are met, given market conditions. Management of legal requirements We work with appropriate legal counsel at all stages to ensure the myriad legal documents forming part of each development are properly drawn, executed and enforced as necessary. Real estate development is a challenging and exciting process, with a myriad of risks attached. StayLant is one of North America's most active developers, with all the capability our clients need in order to ensure that the risks are understood, controlled and managed by experienced professionals.