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Proven process for successful commercial construction and development.
Our construction services are designed to ensure overall total quality management of the project from design, value engineering/cost saving techniques, budgeting and bidding to on-site project management. Having partnerships with one of the largest construction conglomerates in the country allows us to design and engineer efficient systems as well as receive more competitive bids for your project on labor, equipment and materials without compromising overall design integrity.
Strategic Planning
- Evaluate project objectives, including business goals and functionality
- Discuss facility type, size, long-term goals/expansion, etc.
- Develop conceptual budget and schedule parameters
- Review financing options, lease and lease-to-own structuring
Project Planning
- Determine organizational structure for design and construction team (design build, spec. bid, etc.)
- Select and retain the project team, including client team, architects, engineers, contractors and specialty consultants
- Analyze trade-offs between building size and land costs
- Programming and preliminary planning
- Refine budget and schedule
- Structure ownership, identify lending sources, negotiate financing terms and closing costs
Site Analysis
- Evaluate location factors such as business climate, construction and land costs
- Analyze real estate and develop site location criteria
- Evaluate regulations and physical constraints, city zoning and planning
- Develop site plan and perform environmental and soil analysis
Real Estate Negotiation
- Analyze real estate and identify options (considerations include supply and demand; future development trends; type and value of recent transactions)
- Evaluate proposals and recommend appropriate course of action
- Negotiate real estate transaction
- Coordinate preparation of legal documents including infrastructure, building permits, licensing, etc.
Design Development and Coordination
- Negotiate regulatory agency design requirements (local and state regulatory requirements)
- Direct design team to meet project objectives such as master facility design development and construction documents and specifications
- Qualify contractors Establish parameters for efficient construction process and competitive bids or guaranteed maximum price
Project Management
- Select contractors, sub-contractors and suppliers and negotiate contracts for:
Concrete and soil testing, site work, utilities, etc.
- Mechanical/electrical Identify client proprietary vendors
- Other special contractors
- Provide day-to-day quality, budget and schedule control:
Status reports Evaluate change orders Manage contractors
- Administrate requests for payment
- Coordinate owner subcontractor
From retail to restaurants, hotels to healthcare, office spaces to industrial facilities, we'll help you get the most out of your property with value-driven construction services. To learn more about how SourceGroup can help with your new construction or renovation, contact one of our real estate development managers today.
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