bdNorth East.co.uk

Balfour Construction & Developments Ltd.

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29 Northumberland Avenue
Newbiggin By The Sea
Northumberland
NE64 6RJ


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construction

1. the act or art of constructing.
2. the way in which a thing is constructed: a building of solid construction.
3. something that is constructed; a structure.
4. the occupation or industry of building: He works in construction.
1. construction, building, creating from raw materials
usage: the act of constructing or building something; "during the construction we had to take a detour"; "his hobby was the building of boats"
2. construction, building, commercial enterprise, business enterprise, business
usage: the commercial activity involved in constructing buildings; "their main business is home construction"; "workers in the building trades"
3. structure, construction, artifact, artefact
usage: a thing constructed; a complex construction or entity; "the structure consisted of a series of arches"; "she wore her hair in an amazing construction of whirls and ribbons"
4. construction, grammatical construction, expression, constituent, grammatical constituent
usage: a group of words that form a constituent of a sentence and are considered as a single unit; "I concluded from his awkward constructions that he was a foreigner"
5. construction, mental synthesis, thinking, thought, cerebration, intellection, mentation
usage: the creation of a construct; the process of combining ideas into a congruous object of thought
6. construction, twist, interpretation
usage: an interpretation of a text or action; "they put an unsympathetic construction on his conduct"
7. construction, mathematical process, mathematical operation, operation
usage: drawing a figure satisfying certain conditions as part of solving a problem or proving a theorem; "the assignment was to make a construction that could be used in proving the Pythagorean theorem"
1. construct, build, make, make, create
usage: make by combining materials and parts; "this little pig made his house out of straw"; "Some eccentric constructed an electric brassiere warmer"
2. manufacture, fabricate, construct, make
usage: put together out of components or parts; "the company fabricates plastic chairs"; "They manufacture small toys"
3. construct, trace, draw, line, describe, delineate
usage: draw with suitable instruments and under specified conditions; "construct an equilateral triangle"
4. construct, create by mental act, create mentally
usage: create by linking linguistic units; "construct a sentence"; "construct a paragraph"
5. construct, create by mental act, create mentally
usage: create by organizing and linking ideas, arguments, or concepts; "construct a proof"; "construct an argument"
6. reconstruct, construct, retrace, speculate, theorize, theorise, conjecture, hypothesize, hypothesise, hypothecate, suppose
usage: reassemble mentally; "reconstruct the events of 20 years ago"

developments

1. the process of developing; growth; progress:
2. a significant consequence or event: recent developments in science.
3. a developed state or form: Drama reached its highest development in the plays of Shakespeare.
4. Music.the part of a movement or composition in which a theme or themes are developed.
5. a large group of private houses constructed as a unified community, esp. by a developer or government organization
Real estate development is a multifaceted business, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of improved parcels to others. Developers are the coordinators of the activities, converting ideas on paper into real property.

Real estate development is different from construction. Developer Louis Lesser drew the distinction in a 1963 New York Times article, "Developing is the key word. ''We don''t build ourselves'', Mr. Lesser stresses. ''We buy the land, finance the deal, and then we have the best builders build under bond at a fixed cost.''

Developers buy land, finance real estate deals, build or have builders build projects, create, imagine, control and orchestrate the process of development from the beginning to end. Developers usually take the greatest risk in the creation or renovation of real estate—and receive the greatest rewards. Typically, developers purchase a tract of land, determine the marketing of the property, develop the building program and design, obtain the necessary public approval and financing, build the structure, and lease, manage, and ultimately sell it. Developers work with many different counterparts along each step of this process, including architects, city planners, engineers, surveyors, inspectors, contractors, leasing agents and more. In the Town and Country Planning context of the UK, ''development'' is defined in the Town and Country Planning Act 1990 s55.