Development Partners
By partnering to develop the site, property value will be maximised.
Let’s work together to unlock
the full potential of your land!
Working with a traditional developer often means limited flexibility and a focus primarily on profit margins. However, when you partner with us, we offer a more collaborative and personalised approach.
As architects, we can leverage our skills and expertise to design a high-quality housing proposal on your underutilised land. We’ll take care of securing planning permission and managing the entire construction process, ensuring the site is developed to maximise its resale value.
You can choose your level of involvement in the process, with the option to be completely hands-off if preferred.
What makes working with us a game-changer compared to traditional developers?
LANDOWNER
TRADITIONAL DEVELOPER
LANDOWNER
GAP PROJECT
We work together to secure funding, build the development and share the benefit.
GAP invest
the time, effort, skill base and knowledge.
You invest the land.
What is a Joint Venture?
At a basic level Join Ventures are a combination of partners, pooling their resources to maximise efficiency and output whilst minimising financial risk.
At GAP project we are looking to form Joint Venture partnerships with land-owners, where the goal is to develop gap-sites into high-quality housing; The pooled resources will comprise our expertise in the fields of architecture, design and construction, our time and effort to manage the process from conception through to completion, and your under-utilised land.
How does the Joint Venture Work?
There are a number of legal structures that can be used to form a Joint Venture, however by far the most common approach is to form a Private Limited Company, often referred to as a Special Purpose Vehicle (SPV) or a JV company. It allows the development itself to be made into a limited company with the partners/investors becoming shareholders of this company.
When you set up this type of structure, there are clear governance lines and agreed objectives for your development. Liability is usually directly proportionate to the amount of share capital per partner, and the company itself can own assets. From an exit strategy perspective, the company can be sold when the development is complete by selling the shares as well as the assets. This offers flexibility in terms of income streams from the development.
What are the benefits of Joint Venture development?
Joint venture development partnerships are hugely popular for good reason. Benefits include:
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Mitigating and spreading risk
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Greater access to capital/financial resources
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Utilising different skill sets and maximising experience and knowledge
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Increased return on investment (ROI)