Current Market Analysis & Development Process
Preferred locations derived from current market analysis:
CALIFORNIA
-LA beach communities
-San Diego
-Northern California and the Wine Country
COLORADO
-Denver
ARIZONA
- Tempe
-Scottsdale
WASHINGTON
-Bellevue
OREGON
-Portland
TEXAS
-Dallas
-Fort Worth
-Austin
Other key markets in the U.S. available.
DEVELOPMENT PROCESS
Market Identification
- Absorption factors- anticipated hotels existing, under construction, or in planning
- Market price points
- Occupancies
- Locate Site
- Destination location, venue proximity
- Accessibility/ parking
- Visibility
Conceptual Design
- Footprint
- Curb appeal
- City requirements
Predevelopment
- Site Review
- Preliminary Performa Cost Input
- Design Team Selection
- Construction Cash Flow Analysis
- LEED/Sustainability Review
Site Planning
- Site Set Up
- Site Logistics Layout
- Construction Flow and Sequence
- Hoisting Study
Preconstruction
- Conceptual Estimates
- Schematic Design Estimates
- Design Development Estimates
- Constructability Reviews
- Value Engineering
- Permit Assistance
- Review Contractor’s Subcontract List
- Review Contractor’s Subcontractor
Scopes and Recommendations
- Review Contractor Proposals and Estimates
Procurement
- Direct Purchase Equipment
- Direct Purchase Fixtures (Plumbing and
- Electrical)
- Direct Purchase Finish Materials
- Provide Assignment Contracts to Contractors
- Provide Logistics Support (Delivery Tracking)
Scheduling
- Preliminary Schedules
- Contractor Schedule Analysis
- Review Contractor Schedule
Project Management
- Contractor Selection
- Review Contracts for Construction
- Review Subcontractor Qualifications
- Review Subcontractor
- Recommendations
- Review Proposal Requests
- Prepare Owner Change Orders
- Review Contractor Pay Applications
- QA/QC Compliance
- Plan/Specification Review
- Review Contractors’ QA/QC
- Periodic Inspections
- QA/QC Reports
- QA/QC Final Report
- Financial Reviews
- Work In Place Inspections
- Stored Material Confirmation
- Payment Application Reconciliation
- Change Order Reconciliation
- Allowance Reconciliation
Commissioning and Project Closeout
- Review Contractors’ Commissioning
- Process and Plan
- Monitor Commissioning Compliance with Plan
- Report on Compliance
- Review Any Deficiencies and Corrective Action