Belfast·SPG009 Retail and Main Town Centre Uses·Page 30

Viability Assessment definition

A viability assessment should include land/site value and consider the costs, development value, and prevailing market conditions to determine economic viability.

Viability Assessment - A viability assessment should include the land/site value as a key consideration as to whether development is economically viable. In order to determine applications a realistic understanding of the costs and the value of the development in the local area, as well as the prevailing market conditions,

Source — /Users/richardhill/Documents/planning-arch-project/data/documents/belfast/SPG009 Retail and Main Town Centre Uses.pdf