04 Service 4 of 7 · Facility Planning, Design & Development
Feasibility Study (For Land/Project Development)
Grounding your development vision in financial, operational, and market reality.
A feasibility study evaluates whether a proposed facility development is viable — economically, operationally, and strategically. It examines demand, competition, costs, regulations, and financial return to determine if and how the project should move forward. LBS offers feasibility studies that blend financial rigor with sector-specific insights for healthcare, wellness, and service industry developments.
The Essentials of Feasibility Studies
Why testing before building prevents failure.
Quantifies Market Demand and Competitive Positioning
Validates the size and willingness of the target market to pay for services, while positioning your project against regional competitors.
Aligns Facility Size and Scope with Actual Needs
Prevents overbuilding or underbuilding by calibrating space programs and service offerings based on projected usage.
Forecasts Financial Viability and Investment Return
Projects revenues, costs, and ROI across multiple scenarios, ensuring investor confidence and long-term sustainability.
Supports Regulatory, Permit, and Funding Approval
Supplies the documentation often required for licenses, permits, grants, and commercial loans.
How we approach it
Land/Location Review and Risk Assessment
- Evaluate infrastructure access, zoning, environmental factors, development restrictions, and government incentives.
Demand and Demographic Forecasting
- Assess target market behavior, population trends, and growth projections relevant to the service category.
Service Mix Planning and Capacity Modeling
- Propose services, departments, or tenant mixes — along with sizing and operating models — aligned with need and demand.
Financial Projection and Scenario Testing
- Model income, cost, and ROI across base, optimistic, and worst-case scenarios; incorporate phasing or value-engineering options.
Reporting and Stakeholder Communication
- Deliver a formal report and executive summary presentation to secure internal or external decision-maker buy-in.
How LBS Helps
Multi-Sector Experience
Whether you’re building a private hospital, rehab center, wellness resort, or medical office complex, we tailor each study to your business model.
Integrated Planning with Design and Licensing Teams
We don’t just analyze — we collaborate with architects and permit consultants to ensure feasibility translates into buildability.
Investor-Ready Reports
Our feasibility reports are designed for boardrooms and funding applications — concise, visual, and grounded in real-world benchmarks.
Sensitivity Analysis for Resilience Planning
We run multiple “what if” models to help you prepare for risks like cost escalation, low utilization, or delayed revenue.
Follow-Through to Implementation
Once the study confirms feasibility, we guide you through development, licensing, project management, and launch.