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The phrase "verge of development" is correct and usable in written English.
This phrase usually describes a situation where something is on the brink of achieving a significant development. For example, "This new discovery has brought the company to the verge of development."
Similar(59)
China is already on the verge of profitless growth.
They seem on the verge of Abstract Expressionism, but the development of that movement fell to more muscular talents (Glueck).
The cycle of dormancy and rebirth is a tempting metaphor for the history of the garden, and dozens like it throughout the city that were on the verge of being sold off for development before the Trust for Public Land and others snapped them up in 1999.
Regardless of what happens to the Bush administration's plans to open Alaska's Arctic National Wildlife Refuge to oil drilling, the state is on the verge of the biggest boom in energy development since the Trans-Alaska oil pipeline was built in the mid-1970's.
Despite all that, Lamu was placed on the Global Heritage Fund's 2010 list of sites "on the verge" of irreversible destruction due to significant development and bad management.
Brain Res. 8 (1999) 369], these protocols could be useful both in the detection of deficits in subjects on the verge of becoming myopics and in the development of cognitive training programs to reduce attentional deficits.
The treatment of Alzheimer's may also be on the verge of a breakthrough, as a result of developments in immunotherapeutic drugs.
The war in Yemen has reached a deadlock, the Sunni militant ISIL group is on the verge of total elimination in Iraq and developments in Syria following the fall of Aleppo to Iran and Russia-backed government troops in December 2016 have proved catastrophic to Saudi regional foreign policy ambitions.
Jurgen Klopp is on the verge of becoming Liverpool's next manager, a development that just about everyone asked thinks will be a great success for all involved.
"It's really on the verge of a breakthrough," says Nava Sarver, who oversees development of novel AIDS treatments at the National Institute of Allergy and Infectious Diseases (NIAID).
The company is also on the verge of launching new products based on internal development as well as the stuff brought over from the three acquisitions.
More suggestions(15)
extent of development
verge of realization
matter of development
verge of completion
point of development
board of development
way of development
threshold of development
verge of commercialization
concept of development
verge of change
stage of development
door of development
path of development
verge of implementing
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com