NEWSLETTER

CONSTRUCTION COST CASE STUDY
 


This month's Construction Cost Case Study features a suburban office building core and shell project located in San Francisco, CA. To view the full details of the project including specifications, cost synopsis and cost distribution, download the document below.
 
Download Full Construction Cost Case Study

 
PROJECT NEWS 
CBRE CONSULTS ON POD PHILLY



Philadelphia’s first micro-hotel, Pod Philly, will be an 11-story hotel located two blocks from Rittenhouse Square in Philadelphia, Pennsylvania. This space-efficient hotel will offer 252 queen/bunk bed guestrooms averaging 170 SF, complemented by sleek tiled bathrooms with barn doors, rain showerheads, and eco-friendly bath products.  Room features will also include built-in storage and high-tech amenities that allow guests to stream their own media, all designed to maximize space while providing travelers everything they need to stay plugged in and engaged.

The Pod Philly’s amenities include restaurant with outdoor dining space, coffee shop, rooftop bar, communal spaces, and fitness center. 

The project is being developed by Parkway Corporation and Cafritz Interests with Davis Carter Scott, Ltd. as the Architects of Record and INTECH Construction, LLC as the construction manager.  Construction began March 2018 and is expected to be completed late summer 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, CBRE 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 6913

robert.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
  • Zoning Compliance
  • Telecom Advisory Services
  • Financial Reporting
  • Appraisals
  • Specialty Valuation Services

 
For more information on CBRE's Assessment & Consulting Services, please contact:
 
NATIONAL LEADER
Jason Lind

Executive Vice President
+1 310 420 8423 jason.lind@cbre.com
CENTRAL
Amanda Horan

Vice President
+1 312 888 5310
amanda.horan@cbre.com
NATIONAL CLIENT CARE/SENIORS
Nathan Sorensen

Senior Vice President
+1 832 229 3370 nathan.sorensen@cbre.com 
NATIONAL AGENCY
Jeff Manas

Executive Vice President
+1 571 308 5639
jeff.manas@cbre.com
NORTHEAST/NYC
Letizia Rubino

Senior Vice President
+1 917 717 2870
letizia.rubino@cbre.com
 

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© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

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