Role of Pre Construction Planning in Multifamily Unit Development |
Posted: August 17, 2016 |
Many multifamily owners seek the pre-construction planning services of renovation companies for their expertise and the end results. The professionals have a well-planned way of going about the pre-construction stage. This blog post provides an overview of the pre-construction phase, its benefits, and cost. Let’s begin. Elements of Pre-construction Planning The process of planning during pre-construction involves following elements:
The Benefits Pre-construction focuses on developing a preliminary budget for multifamily unit construction. If an owner finds the design or construction plan too expensive, the team looks for the elements that need change in order to finish the project within the budget. There are times when the price estimation is below budget, in a such scenario, pre-construction planners may decide to upgrade the materials or include a structural improvement in the project. Related Link: Pre-Construction Planning of Multifamily Unit There are chances of a project being successful without a comprehensive pre-construction phase, but there would be a higher probability of significant problems during the construction. It is always better to work out on these issues beforehand to avoid any delay in the project after the construction starts. The Cost The cost of pre-construction is usually 1-3 percent of the Total Installed Cost (TLC) of the project. It may vary according to the complexity of the project and the amount of work the team does to meet the objectives of the process. The team might take anywhere from two to ten or even more weeks to come up with a construction plan, but all these man hours add a considerable amount of value to the property. Last Few Words Pre-construction is an important part of the multifamily project development plan, therefore, it is always better to seek the help of experts to get the job done accurately. There are many reputable pre-construction planning services providers with expertise in handling multifamily projects. Get in touch with a few and review their previous projects to ensure that you seek the assistance of the right team to construct a successful multifamily unit.
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