Real Estate Development
Target Value Design
Based on Lean principles, integrated teams gain collective insight into the client’s true value drivers and uses a set based design approach to evaluate design options against target values. In the end, the owner benefits from maximized value; the architect benefits from a more informed design; the GC benefits from greater cost/risk certainty; and the trades and sub-consultants benefit from early engagement and accountability for processes.
Defining project goals
While focused on reducing costs, VE is a unique opportunity to engage the innovative thinking and creative problem solving of our experts. The key is to achieve value for money, not just cut costs. Depth of experience and lateral thinking drive alternative solutions that respect your design. A better solution may be cost neutral with possible savings over the life of the facility or in overall construction time. We can model alternate solutions with rapid cost analysis of various design options.
Identifying potential issues
Certain features, like parking, might be difficult to incorporate into the design, or there may be a potential for flooding or erosion. You can even prepare ahead for any procurement delays of special materials/equipment. All of these issues can be addressed during the pre-construction phase.
Pre-Construction surveys
A pre-construction survey is an extensive analysis of the physical state of the property and its surroundings (adjacent buildings, sidewalk, landscaping, etc.) undertaken before any construction takes place. These surveys help contractors and architects pinpoint potential problems beforehand and help determine whether damage has occurred due to construction activities. These surveys help find major flaws like drainage or foundation problems. Smaller things like grading—leveling out uneven land—are also checked at this point so that site challenges do not emerge later during construction or after move-in.