Belfast·SPG002 Development Viability·Page 18·4.5.3
Exceptional circumstances for alternative developer return
Applicants may request an alternative developer return rate for unusual development types (such as historic building conversion) if they provide satisfactory evidence; the onus is on the applicant to justify the alternative rate.
The Council acknowledge that there may on occasion be exceptional circumstances where an applicant believes a proposal requires an alternative return. Such examples could include an unusual type or mix of development, such as the conversion of a historic building, the principle of which is acceptable to the Council, which may not have been considered specifically when setting key assumptions. In such circumstances, the onus is on the applicant to provide satisfactory evidence to support an alternative rate of return.
Source — /Users/richardhill/Documents/planning-arch-project/data/documents/belfast/SPG002 Development Viability.pdf