Development Services

The Diversified Team provides a broad range of development services tailored to the specific needs of individual properties, property owners, and communities. No two buildings or redevelopment efforts are alike, and successful revitalization requires a comprehensive strategy that evaluates the unique opportunities and constraints of each project. Through careful planning and analysis, the team works to identify the most effective redevelopment approach, maximize available public and private incentives, and determine viable options for the adaptive reuse of historic and existing buildings.

Below is a sample of services provided during the predevelopment and development process…

  • Market survey and demand analysis

  • Financial feasibility analysis

  • Building repurposes viability analysis

  • Historic tax credit eligibility evaluation

  • Historic tax credit cost analysis

  • Historic tax credit application services

  • Preparation of financial projections

  • Project design development and timeline

  • Project concept and narrative description

  • Project cost analysis

  • Brownfield experience

  • Project management

  • Project investment packages

  • Project development structure

  • Project legal service coordination

  • Community survey, interviews, and support

  • Opportunity Zone benefits

  • Fee Development

  • Project utilities coordination

  • Contractor identification and selection

  • Construction design value engineering

  • Environmental assessment

  • Community stakeholders

  • Property tax abatement

  • County, State, and Federal agency coordination

  • Cultural affairs departments coordination

  • Local historic preservation groups coordination

  • Project furniture, fixture, and equipment

  • Project tax credit compliance

  • Project Opportunity Zone compliance

  • State Historic Preservation Office/National Park Service coordination

  • Historic tax credit equity identification and coordination

  • Historic tax credit bridge lenders identification and coordination

  • Project financing sources, FHA, tax exempt bonds, and conventional

  • Completed project tax credit property valuation and cost audit National Park Service

  • Grant writing

Massey Building, Birmingham, Alabama