What is Planning Feasibility?
Planning feasibility is the process of determining whether a proposed development is likely to gain approval from relevant authorities, such as local councils and planning bodies. It involves evaluating various factors, including land use policies, environmental impact, community needs, and infrastructure requirements, to gauge the likelihood of success for a planning application.
Conducting a thorough feasibility study early in the planning process helps to:
- Identify potential obstacles: A feasibility assessment uncovers challenges that may arise during the planning approval process, whether related to zoning, land use, environmental considerations, or community concerns.
- Maximise development potential: Understanding local policies and planning guidelines enables developers to refine their proposals, ensuring they meet regulatory requirements and align with broader development goals.
- Save time and resources: A well-conducted feasibility study can prevent costly delays by addressing potential issues before they become major roadblocks during the formal planning stage.