Evaluation
Shaker Square, a 168,000 sq. ft. office over retail, was in need of major renovations to restore this historic commercial destination. The project, as envisioned, was a huge undertaking with strict OEO compliance and Fannie Lewis requirements that added to project complexity. Once chosen as the construction manager, Venvidici quickly determined that a significant hurdle to be considered was the need to align the client's vision with their budgetary constraints.
Evaluation
Venvidici partnered with Shaker Square to complete a robust scope of work requiring the skills of many specialized subcontractors. We functioned as Shaker Square’s dedicated “construction department,” sharing all subcontractor estimates and ensuring the seamless and cost-effective completion of the project.
Venvidici’s oversight encompassed a range of specialized tasks, including masonry repair, LED lighting upgrades, storefront replacement to match the original historic design, slate roof and integral gutter repair, HVAC unit replacements, and mill & pave parking lots.
Evaluation
We sourced various contractors, such as roofers, masons, storm/sanitary camering, electricians and plumbers, to help determine the current conditions of the building. Additionally, to help the potential owner understand the financial impact of various construction models in comparison to potential rent, we did several rounds of cost estimation.
This process included keeping certain existing conditions but replacing mechanical and roofing, and reviewing potential lease agreements. We helped value landlord’s vs. tenant build out costs to allow owners to assess the correct rent valuation.
At this time, we are still working with the client to determine a final outcome.
