Carrying out a feasibility study

A feasibility analysis for construction projects is a systematic study to determine the feasibility, advantages and disadvantages as well as the possible risks and potential of a construction project. In many cases, it is a useful step to assess the practicality and profitability of a construction project before investment. Professional architects carry out these studies in cooperation with experts as a basis for making strategic decisions — whether and how a project should be implemented. Factors such as location, size, building regulations, infrastructure and environmental conditions play a role here.

Eine strukturierte Machbarkeitsstudie folgt einem bewährten mehrstufigen Prozess. Dieser beginnt mit der präzisen Erfassung der Ausgangssituation und der konkreten Zielsetzung. Die anschließende Bestandsanalyse untersucht detailliert die vorhandene Gebäudesubstanz. Erfahrene Architekten und Fachplaner bewerten dabei:

• Zustand der baukonstruktiven Elemente
• Die technische Gebäudeausstattung
• Bestehende Brandschutzkonzepte
• Die energetische Situation
• Baurechtliche Rahmenbedingungen
• Mögliche Schadstoffbelastungen

Die darauffolgende Bedarfsanalyse ermittelt die tatsächlichen Flächenanforderungen. Durch moderne Arbeitsplatzkonzepte lassen sich häufig bis zu 30% der bisherigen Büroflächen einsparen – ein wichtiger Aspekt für die Wirtschaftlichkeit.

The economic analysis compares various scenarios: Complete modernization of existing buildings often enables significant energy savings. The integration of modern heating and air-conditioning technology can significantly reduce operating costs. At the same time, funding opportunities for energy-efficient renovations are being examined and recommended. The partial or complete restructuring also offers opportunities for optimised room concepts — space that is no longer required can then be rented or sold.

Modern Bank Branches must be able to react flexibly to changing requirements. In addition to building upgrading measures, suitable room concepts for sustainable working environments are therefore also being developed. These can be implemented as part of building construction with:

• Flexible structures for agile work
• Digital Infrastructure for Hybrid Work Models
• Sustainable materials and systems
• Employee-oriented design of the work environment

New Work Concepts are always integrated taking into account the specific data protection and security requirements of financial institutions.

For efficient budgeting and a real time assessment, the feasibility study finally contains a detailed catalogue of measures for necessary and recommended measures. This includes:

• Prioritized recommendations for action with a specific timetable
• Realistic cost estimates for all measures
• Detailed time planning for implementation
• Comprehensive risk assessment and countermeasures

The feasibility study thus creates transparency for all further project steps and minimizes risks right from the planning phase. It forms the basis for well-founded decisions for the future-oriented development of banking real estate.