The Big Three in Building Costs

We always advocate for getting a contractor involved early in your project to help with constructability input, provide conceptual budget estimates and other milestone pricing feedback, and control costs as the design develops.  There are also three key areas that your development team needs to make decisions that significantly impact project costs. 

One of the big three is structure type.  Multiple factors will go into your decision to go with a wood structure, block, plank, block structure with wood floor trusses, steel framing, or a hybrid.  Some of these factors are building code for your particular project, your project's location, which will affect wind load requirements, maintenance of the building in the future, long or short-term hold strategy, etc. 

The second of the big three is the mechanical system you choose.  There are many factors to consider, such as cost, future maintenance costs, what your target client may prefer, the system's life...

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A Developer’s Contractor

Last week I was sitting in a presentation with an experienced developer for a project we will be starting soon.  This same developer is currently building a facility in Columbus, Ohio, with an institutional contractor, which is not going well.

Over and over, he said, "how much of a pleasure it is to be working with a developer's contractor." We are one, but sometimes I forget what it means.  In this case, the client's architects and engineers completed the drawings and added all kinds of things that were nice, but didn't add value to the project or its future residents.  With our experience in senior living, we are able to control cost by weeding out what was not required, and we have the technical expertise to communicate effectively with the design professionals with minimal involvement from the client.  But there are other things we do, such as keeping up a...

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