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A Note on Commercial Development David K. Hookey R & D Abstract: The commercial developer strives for a logical assessment of market comparables and trends to arrive at a thoughtful and informed opinion of economic feasibility on behalf of the client, investor, lender, or landowner. However, the purpose, form, and content of property R&D may vary considerably during the development process. This note presents a broader, if not simplified, view of R&D relevant throughout the development process in contrast to specific analysis targeted at only one stage in the process. An overall analysis of the role that R&D plays, or should play, in commercial development opposed to a more detailed breakdown of one specific area. I am going to discuss the importance of Research and Development for Commercial Property Developers. Firstly I will identify the 'development process', this will provide reference throughout my paper; I will then briefly introduce R&D and subsequently consider...

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