OURODevelopment
Development work by Ouro Development

Development

From Opportunity to Completed Asset.

Most development risk is created in the first ninety days — during acquisition, due diligence and early scope decisions. We work through the property, the numbers and the construction requirements before capital is committed.

Capabilities

What this includes.

  • Development strategy
  • Property feasibility
  • Acquisition analysis
  • Existing-condition analysis
  • Renovation strategy
  • Development planning
  • Project budgeting
  • Construction planning

How we work

The discipline behind the outcome.

01

Read the building first

Structure, envelope, mechanical systems, life safety and layout tell you what a project will actually cost. We walk the property and document what we find.

02

Test the thesis against construction

A pro forma that ignores construction reality is a guess. We price the scope the plan requires, not the scope the plan assumes.

03

Decide with the downside in view

We put the unknowns in writing — the items that need drawings, permits, engineering or testing before anyone can price them honestly.

Process

From first walk-through to a better asset.

  1. 01

    Discover

    Understand the property, objectives and investment thesis.

  2. 02

    Analyze

    Identify construction requirements, risks, opportunities and preliminary costs.

  3. 03

    Plan

    Develop the scope, budget, schedule and execution strategy.

  4. 04

    Build

    Execute the project with disciplined project management and communication.

  5. 05

    Deliver

    Complete the project and transition the asset to the owner.

  6. 06

    Create Value

    The goal isn't simply completion. The goal is a better asset.

Related work

Projects shaped by this work.

Hartwell Lofts, Detroit, Michigan

Hartwell Lofts

Multifamily / Adaptive Reuse

Aura Corner, Oakland County, Michigan

Aura Corner

Mixed-Use Multifamily

Foundry Works, Wayne County, Michigan

Foundry Works

Office / Adaptive Reuse

Have a property or project in mind?

Send us the address and what you're trying to accomplish. You'll get a direct, construction-informed response — not a sales pitch.