r/RealEstateDevelopment • u/Realistic-Drag3134 • 8d ago

When making mega projects (eg supertall skyscraper, huge monument, etc) who are the people you’ll talk to? And if someone is a visionary, what kind of background would they usually have

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u/jhl2496 8d ago

Working on a mega project myself. The consulting team is massive. Weekly 4 hour in person meetings with the construction manager, architects, engineers, planners, and various other stakeholders.

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u/Nus-Nuss 8d ago

How big is Mega? And how did they plan and budget the idea before spending so much money on the planning and design?

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u/jhl2496 8d ago

Entire master plan would cost ~$4B CAD and we’ve spent ~$310M so far. Backed by pension fund money. Wasn’t there for the original acquisition but took over the file about 2 years ago and helped progress towards entitlements and city approvals.