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Mixed use development ie shops/office with residential over the top (in the right location) may be a good bet.

The less work you do the lower the discounts you are able to attract from other suppliers. Your overheads are pretty much fixed ie workers comp, public liability insurance, rent , overheads etc. So your costs increase not decrease. The only way forward is to win jobs by going in with negative...

Since when has developing been 'safe'? If it was why would there be a 30% developer's margin on feasibility studies? Not being too critical but why shouldn't the directors of the building company be prosecuted for breaching the security of payments legislation? Afterall it is a stat dec.