Hartman LMH is experienced in both local and national new building developments and redevelopment projects. Particularly in recent years, the number of CPC-projects has risen significantly.
CPC is an abbreviation of Collective Private Commissioning, and refers to the construction of buildings. Most commonly, these are residential buildings, but properties with a non-residential purpose can also be realized as CPC projects.
Generally, CPC building means that a group of initiators acquire building land in order to realize their dream home on that plot. Another possibility is that an existing building is acquired so that it can be redeveloped into an apartment complex.
CPC building allows not only for full control over architectural decisions, but can also prove less expensive than buying a conventional housing development property. However, it is also important to realize that the members of a collective have to do more themselves. Another aspect to consider is that all decisions have to be made collaboratively, and reaching agreement may not always be easy.
In Amsterdam, the initiative for a CPC project is usually taken by a professional party, such as an architect, contractor or even a project developer.
Such a fountainhead will gather a number of interested parties around a certain location that is most commonly offered for development by the municipality of Amsterdam. Due to the fact that the municipality considers it unpractical to do business with a group of individuals, it requires such a building group to organize itself in terms of a legal entity, such as an association or foundation.
These days, the initiative is increasingly taken by a group of individuals themselves. The initiators usually determine the legal structure of the CPC project. That structure depends on the manner and the scope of the involvement of the initiators with the project.
In the event that the initiative is taken by an architect, it is likely that he will only be concerned with the design of the building. The building group itself will subsequently be required to close contracts with multiple third parties, such as engineers and constructors, construction managers and contractors.
When the fountainhead is a project developer, the building group will only be concerned with him. The project developer will organize the development and realization of the project and, where necessary, the so-called ‘safety net’ (the risk that the building group will be left with unsold units, if there are homes/units left unsold).
In the event that the building group is the initiator, it will usually employ the services of a project manager.
There is a wide range of options in the grey area between the alternatives given above for structuring a CPC project.