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Macquarie Park student accommodation, NSW — architectural render

Our Process

From site identification to settlement.

Image — Macquarie Park · 2020

The development lifecycle

The development process

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Site identification & acquisition

  1. 01

    Market and site review

    Opportunities assessed against our development brief and investment criteria.

  2. 02

    Due diligence

    Title, planning, environmental and market due diligence ahead of commitment.

  3. 03

    Acquisition

    The site is acquired and held by Parvis for its own project.

Feasibility & funding

  1. 04

    Feasibility

    Cost, programme and projected return tested before the project proceeds.

  2. 05

    Funding

    Debt and equity structured for the project ahead of construction.

WRAP Residences, Southbank — white lattice crown above the Melbourne skyline
WRAP Residences, Southbank · 2013

Design & approvals

  1. 06

    Design

    Design teams appointed and coordinated by our development team.

  2. 07

    Approvals

    Planning and building approvals secured before works commence.

Delivery

  1. 08

    Procurement

    Builder tendered and appointed to deliver the project.

  2. 09

    Construction

    Cost, programme and quality managed on site through to completion.

Completion & settlement

  1. 10

    Practical completion

    Inspections, defects and handover managed to completion.

  2. 11

    Settlement

    Settlements and title transfer completed for the finished project.

Development-led

Value across the project lifecycle

The earlier a developer shapes a project, the more its cost, programme and value can be influenced.

Ability to Influence Outcomes
Cost of Change
Max Value Zone
Max Value Zone 01 Strategic Planning & Acquisition 02 Concept Design & Approvals 03 Feasibility & Cost Planning 04 Design Development 05 Construction Delivery 06 Completion & Asset Handover

Track record

Our development record

  1. A

    17 completed developments

    Developed and completed by Parvis between 2003 and 2020.

  2. B

    $1,112M stated value

    Combined value of the completed developments.

  3. C

    Australia & New Zealand

    Completed developments across both markets.

The Lyall Residences, South Yarra — kitchen and dining
The Lyall Residences, South Yarra · 2016
Next step

Contact us

Contact Parvis to discuss our development record.