CONSTRUCTION COST CASE STUDY
This month's Construction Cost Case Study features a low-rise rental apartment complex located in Tampa, FL. To view the full details of the project including specifications, cost synopsis and cost distribution, download the document below.
PROJECT NEWS CBRE CONSULTS ON ONE LIGHT STREETOne Light Street is a ±783,000 SFG, 28-story mixed use tower currently under construction in central Baltimore, Maryland, which will consist of 280 luxury residential apartments, nine floors of Class A office space and a 646-space parking garage. M&T Bank’s Mid-Atlantic Headquarters will occupy 155,000 SF of space across six floors, and its logo will go on top of the building. The Project is targeting a LEED-NC with a Silver Certification Rating.
One Light Street’s amenities include ground floor retail space, full-service bank, terraces, pool, dog park, fitness center.
The project is being developed by Madison Marquette with URS Corporation as the Architect of Record, and Donohoe Construction Company as the Construction Manager. Construction began June 2016 and the target completion date is March 2019.
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, IVI is providing payment requisition review and approval services, schedule conformance review, and confirming general compliance of construction with the project documents.
For questions regarding Construction Risk Management, please contact:
Robert W. Barone, R.A., LEED AP
Senior Managing Director
+1 914 467 6913robert.barone@cbre.com
CBRE ASSESSMENT & CONSULTING SERVICES
CBRE's Assessment & Consulting Services (ACS) provides a full suite of real estate consulting services - including property condition and environmental site assessments, facility assessment consulting, construction risk management and telecom advisory services.
As part of the Valuation & Advisory Services practice, ACS offers clients the ability to bundle appraisal, assessment and consulting services, making CBRE the only one-stop shop for providing all due-diligence services in-house. Our services include:
- Construction Risk Management
- Property Condition Assessments
- Environmental Site Assessments
- Facility Assessment Consultative Solutions
- Seismic Risk Assessments
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- Zoning Compliance
- Telecom Advisory Services
- Financial Reporting
- Appraisals
- Specialty Valuation Services
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