Project Development Agreement for Commercial Retail Project

Prepare a Project Development Agreement for a Commercial Retail Project with this ready-made template.

• The agreement is between the owner of the project lands and the developer, with respect to construction and development of a commercial and retail project on the lands.
• The developer is named as construction and development manager of the project.
• The manager's duties include negotiating architectural, engineering and construction contracts and sub-contracts.
• The manager is responsible for obtaining all necessary insurance, permits and licenses, and arranging financing.
• The manager will also manage construction and leasing, coordinate advertising, receive all revenues from the project and pay all liabilities.