PROJECT
SENIOR HOUSING ATLANTA, GA
Size:	3-story, 118-unit, 116,000 SFG
Site:	6 acres
Labor:	Non-Union
Delivery:	Stipulated Sum
Schedule:	18 months

 

OUTLINE SPECIFICATIONS
Site:	Excavation, grading, site utilities hardscape and landscaping.
Foundation:	Concrete foundation walls, spread footing and slab on grade.
Superstructure:	Wood frame construction with pre-fabricated floor joist and roof trusses.
Facade:	Fiber-cement siding and vinyl framed/insulated glass windows.
Roof:	Fiberglass shingles.
Finishes:	Carpet in living areas and bedrooms, vinyl tile in kitchen, ceramic tile in bathrooms with painted gypsum board walls and ceilings throughout.  Painted gypsum board walls and ceilings at common areas, ceramic tile flooring in lobby and carpet in corridors.
Elevators:	Two (2) 3-stop traction elevators.
Sprinkler:	100% wet pipe system.
Plumbing:	Cast iron sanitary waste and vent piping, copper domestic water supply pipe.
HVAC:	Heating and cooling provided by forced air systems supplied by DX gas fired furnaces and exterior condensers.
Electrical:	1,600 amp, 120/208 volt, 3-phase 4-wire service.

For More Information on CBRE's Assessment & Consulting Services Contact:

Robert W. Barone, R.A., LEED AP
Senior Managing Director
+1 914 467 6913
robert.barone@cbre.com

 

 CONSTRUCTION COST CASE STUDY

The costs for the case study below are from a project that
CBRE Assessment & Consulting Services has monitored on
behalf of a lending institution or investor.

DIRECT COST SYNOPSIS
TRADE		ROUNDED COST	COST/UNIT	COST/SF
Site Improvements		$2,852,000	$24,169	$24.59
Concrete		1,253,000	10,619	10.80
Masonry		553,000	4,686	4.77
Metals		89,000	754	0.77
Carpentry/Drywall		3,000,000	25,424	25.86
Thermal/Moisture Protection		541,000	4,585	4.66
Doors/Windows		614,000	5,203	5.29
Finishes		1,300,000	11,017	11.21
Specialties		365,000	3,093	3.15
Equipment		636,000	5,390	5.48
Elevators		198,000	1,678	1.71
Fire Protection		400,000	3,390	3.45
Plumbing		844,000	7,153	7.28
HVAC		1,207,000	10,229	10.41
Electrical	+	1,495,000	12,669	12.89
Subtotal		$15,347,000	$130,059	$107.73
General Conditions		$1,074,000	$9,102	$9.26
GC Fee	+	657,000	5,568	5.66
Total Hard Cost		$17,078,000	$144,729	$147.22

 

COST DISTRIBUTION

 

 

PROJECT NEWS

CBRE Consults on The Remy

The Remy consists of 278 rental apartments within four interconnected 4 and 6 story buildings with retail on the 1^st and 3^rd floors, and an adjacent 4-level partially enclosed parking garage. The project is located on a ±5.33 acre parcel east of the New Carrollton Metro station in central Prince George’s County, Maryland.
 
The Remy’s amenities include saline swimming pool, game room, fitness center, media center/movie theater, overall pet friendly complex, two courtyards, roof-top lounges, picnic areas, and on-site laundry services.
 
The project is being developed by Berman Enterprises with the Martin Group as the Architect of Record, Hartman Design Group as the Interior Design Architect, and Berman Construction as the Construction Manager.  Construction began November 2015, and the project’s first apartment building is expected to be completed June 2017.
 
CBRE was retained to provide construction risk management services for the construction, including cost control, review of contract drawings and specifications, as well as review of construction documents, schedules, permits, and approvals.  While under construction, CBRE is providing payment requisition review and approval services, schedule conformance review, and confirming general compliance of construction with the project documents.
    

Construction Risk Management (CRM)

Property Condition Assessment (PCA)

Environmental Site Assessment (ESA)

Seismic Risk Assessment

Zoning Compliance

Telecom Advisory Services

Specialty Valuation Services

Financial Reporting

Appraisals

For more information visit  www.cbre.com/assessment