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Overview and Purpose of Development Viability SPG
1.1.1Belfast·SPG002 Development Viability
This Supplementary Planning Guidance (SPG) provides additional advice and guidance specific to development viability considerations in Belfast. The guidance focuses on residential viability. However,
dwellingcommercialnon-domesticViability in Retail and Town Centre Policies
3.2.4Belfast·SPG002 Development Viability
Similarly, Policy RET2: Out of centre development and Policy RET3: District centres, local centres and city corridors, will only permit retail development outside of existing centres where there is no
commercialDeveloper return consideration after risk realisation
4.5.5Belfast·SPG002 Development Viability
Where a developer return has been reduced as a result of risk realisation and viability is still a concern, a minimum developer return for a site-specific viability assessment should be agreed with th
non-domesticdwellingflatscommercialOther development cost assumptions
4.6.2Belfast·SPG002 Development Viability
Other costs associated with the development of land included professional, marketing and legal fees, and Stamp Duty Land Tax. These are summarised in Figure 4.4 below. Figure 4.4: Other development c
dwellingnon-domesticflatscommercialViability considerations for historic built environment developments
4.6.3Belfast·SPG002 Development Viability
As recognised in the policy context, viability is often an important issue in respect of development proposals affecting built heritage. In the case of listed buildings and non-listed buildings within
conservationdwellingnon-domesticcommercialFlexibility in Planning Policy Requirements
20Belfast·SPG002 Development Viability
With regard to other planning policy requirements, for example housing density and mix, retailing and tourism, conservation areas, etc. there may be some scope for flexibility dependent on the specifi
site-planningconservationdwellingcommercialCity Centre Premium Value Band Viability
Figure 5.2Belfast·SPG002 Development Viability
City Centre Premium: The key factors affecting viability in these locations are the form of development and market tenure. However with the right building heights, density and tenure, schemes with 20%
non-domesticflatscommercialhrbhigh-riseenergyCity Centre Wider Area Value Band Viability
Figure 5.2Belfast·SPG002 Development Viability
City Centre: The key factor affecting viability in the wider city centre is the form of development. With the right size of building and/or form of development, high density flatted schemes with 20% a
flatscommercialhrbhigh-riseenergy