What is a Feasibility Assessment – And Why is it Important?



One of the services offered by commercial and residential architects is a feasibility assessment or feasibility study. This is a full evaluation that takes place in the early stages of a project that looks at every aspect of the build and is ideal for larger or more complex projects, or where the site itself may be more challenging.

What is the Purpose of a Feasibility Study? 

 Firstly, this evaluation will determine if the project is viable. It will also lay out different options for the build to manage any challenges the project presents, and develop project documentation (if needed) including:

  • Planning permission
  • Determining the need for an Environmental Impact Study
  • Assessment of the budget
  • Site appraisals including geotechnical studies, water egress, easements, services on the land, restrictions, etc.
  • Examination of existing buildings for use in the project, access to the site, and operational/maintenance challenges
  • Development of different strategies and solutions along with their budgets for facing site challenges

 Benefits of Having a Feasibility Assessment from an Architect in NJ 

 While a feasibility study will cost money, it is designed to save clients’ money in the long-run. By properly evaluating a site, especially in more complex or large-scale buildings, the design process can take into account any challenges and special requirements from the start. This not only means that clients save by having a solution in place from the beginning of the project, which prevents costly problems, backtracking and downtime, but also have a design that won’t have to be compromised on, thereby delivering the best result.

The New Jersey architectural firm of Seth A. Leeb offers full-service solutions for both commercial and residential projects. With 20 years of experience, we can provide the expertise, skills and innovative thinking you need to create a home or office space that fits your vision completely. For more information on our commercial and residential architect services, please contact us today or visit our website at https://leeb-architecture.com

Original content posted on https://leeb-architecture.com/what-is-a-feasibility-assessment-and-why-is-it-important/

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