46
Decision or instruction to develop Analysis of supply
Analysis of demand Search for sites
Identification of suitable sites
Preliminary development appraisal Not acceptable
Acceptable Detailed viability study
Not acceptable
Acceptable Approach to local authority
Site assembly Option to purchase
Negotiation
Compulsory purchase
Unsuccessful
Application for planning permission
Successful Successful
Final acquisition of outstanding interests
Unsuccessful Appeal
Preparation of development programme
Appointment of professional team
Negotiation
Tender
Building contract Construction contract Commissioning of building Retention in portfolio and subsequent management
Sale to institution
Hand over to client
Figure 2.6: Ratcliffe’s (1978) Linear model of land development process Source: Gore and Nicholson (1991:707)