Belfast·SPG002 Development Viability·Page 19·4.5.5
Developer return consideration after risk realisation
Where a developer return has been reduced due to risk realisation and viability concerns remain, a minimum developer return for a site-specific viability assessment should be agreed with the Council early during Pre-Application Discussion (PAD), noting that normally expected returns by any single developer is not the main consideration.
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 the Council at an early stage, i.e. during PAD discussions. It is important to note in this regard that normally expected returns by any single developer is not the main consideration in such cases.
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