MULTIHOUSING
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Dive into our Construction Case Studies page to explore firsthand accounts of real projects, showcasing our solutions and valuable insights for a comprehensive understanding of successful construction endeavors.
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The Enclave
Challenge – This ground-up project was originally competitively bid, came in significantly over budget, and was in jeopardy of missing opening the following season for students due to heavy redesign
Solution – Fiorilli was called in late summer of 2017 to achieve the desired GMP via a negotiated open book process with design assist from mechanical, electrical, plumbing, site, and structural framing trades
Results – The project was delivered in less than 12 months, under roof before winter to avoid escalation costs, and completed on time and on budget
The Bradley Building
Challenge – The mixed-use building was undergoing a major interior renovation to convert existing office and apartment spaces into contemporary loft-style residential and retail/commercial units. Originally being managed by the building staff, the project was falling behind schedule and in jeopardy of missing key dates for delivery of new units to market.
Solution – Fiorilli was hired as Owners Representative to create a master project schedule and provide site Supervision to oversee the day-to-day construction operations, safety, material procurement and quality.
Results – The project was completed in 21-weeks and met all leasing go-to-market delivery dates.
East College Street
Challenge – The project was designed to achieve a LEED Neighborhood Gold status, with lavish systems and site amenities. When competitively bid it was 30% over budget and in jeopardy of stalling with looming financial closing deadlines and covenants to meet.
Solution – Fiorilli was asked to come in and take over the project in a negotiated open book GMP, and value engineering via design build MEP’s.
Results – In 2 months Fiorilli negotiated all major trade contracts and the project was back on track and on budget for commencement as scheduled. No atheistic design square footage, elevations, or site amenities were sacrificed.
Brad Friedel’s Soccer Academy
Challenge – A competitively bid project that was 20% over budget.
Solution – Fiorilli knew there would be financial challenges at the onset and offered voluntary value engineering solutions upon bid presentation in excess of $1,000,000, the majority of which were implemented into the project.
Results – The project was made financially viable via our value engineering and we also successfully rephased the project into 3 phases vs 1 originally envisioned by the developer (Field house, Academy, dedicated road) in order to generate operating income earlier in the construction process.
University Place Townhomes
Challenge – Consolidate 5 lots into 19 fee simple town homes on a 1/2 acre site with no laydown areas, and a phased sequencing due to financial covenants while maintaining original critical path GMP
Solution – Fiorilli orchestrated negotiated subcontracts to control potential phasing changes of clusters of units as sold, and cold dark shell releases while also creating a buyer’s guide for buyer’s releases.
Results – The entire project was completed in 12 phases over a 14 month period to full occupancy. The original spec home arrangement morphed into custom built-to-suits buyers guide that Fiorilli created & managed to expedite sales in a challenging market.
The Greens at Belden
Challenge – Convert an entire golf course into a mixed use complex with TIF and JEDD covenants in less than a year from LOI to closing
Solution – Once engaged, Fiorilli took the point as CM to coordinate 34 various municipal, governmental, and financial approvals and agreement covenants for the developer in order to keep purchase agreements in place and on track with 6 major players.
Results – The project due diligence began in July of 2018 and broke ground in December of 2019, with full permitting of all horizontal and utility work including County, dedicated roadways on/off site, ODOT, TIF, and JEDD approvals required. We are currently on track to reach substantial completion this fall.
Baricelli Inn
Challenge – The owner came to us in design development phase and was overbudget by $4M in the $15M range. It needed to be at $11M.
Solution – Working through design assist mode with partner sub-contractors to create prescriptive performance specifications that would function as needed for class A residential units but also be cost effective which included both structural, framing, mechanical, electrical, and fire protection systems design assist.
Results – Fiorilli construction successfully hit the target number of 11 million in GMP or Guaranteed Maximum Price in order to fit adequately in the owner’s Performa for the development to be a success
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WSCH Mixed Use Complex
Challenge – This project originally hoped to leverage historic tax credits and Enterprise Green Communities grant requirements in its proforma to facilitate successful funding sources. However, the cost analysis with those structures were found to be a larger burden on the project, so a redesign of the proforma along with value engineering of the project was necessary otherwise the development would stall.
Solution – From the onset, Fiorilli was called in at the preliminary design stage by the developer to help navigate the complicated renovation costs conventionally. With a value engineering mindset to create cost effective finishes, means and methods throughout the process, Fiorilli helped the project team develop a series of quality control schematics to properly forecast the overall project costs early on to proceed.
Results – A financially viable project for the developer with a proforma that cash flowed well was accomplished in order to make the project feasible.