"undertake the development of" is correct and usable in written English.
You can use it to talk about taking on the responsibility of developing something. For example: "The company has undertaken the development of a new energy-efficient product."
"The federal government," the report said, "should immediately undertake the development of a national adaptation strategy and build durable institutions to implement that strategy and improve it over time".
The first of these is that the design, test, and certification of an aircraft has become such an extraordinarily costly project that only the most well-funded companies can undertake the development of even relatively small aircraft.
A survey of literature methods suggested that a truly general approach had not yet been reported, encouraging us to undertake the development of such a methodology.
Future efforts are expected to undertake the development of complex multigenic phenotypes, such as aerotolerance, solvent tolerance, high-cell density fermentations, abolished sporulation without impacting product formation, and genetic stability for continuous bioprocessing.
The model can be used to find out (a) the optimum network that may offer the best economic results to the agent who will undertake the development of the field, and (b) the corresponding selling price at which the thermal fluids will be supplied to the end users who are assumed to be other than the above agent.
V.B. and I.M. were paid by the NCCMH to undertake the development of the updated edition of the schizophrenia guideline.
In lieu of the present absence of ASME or other international test codes developed for this purpose, the NREL undertook the development of interim Guidelines to provide recommendations for test procedures that can yield results of a high level of accuracy consistent with good engineering knowledge and practice.
Exact undertook the development of the game engine and its gameplay while Ultra developed the story, characters, and 3D cutscenes.
The Greater London Council undertook the development of the Market in 1968.
Godfrey soon undertook the development of an improved quadrant for determining latitude.
This small group undertook the development of scientific spacecraft and the vehicles needed to launch them, and it launched Japan's first satellite, Ōsumi, in 1970.
