If you are currently in the process of starting a hi rise development City Of Miami project, or thinking about how this is going to be implemented, there is a lot that needs to be considered.
Construction projects can be complicated at the best of times. However, the sheer height and scope of these projects only add to the complexity.
One of the first things that you will need to think about when it comes to high rise development is micro economics. As you predict lease rates and demand rates for the future, you need to know about what is going on in the market.
You need to look at trends regarding materials, as this is going to impact your ability to negotiate pricing. By understanding the current market conditions and lead times, you can effectively predict the turnover time and ensure your project runs smoothly.
You also need to look into the leasing trends so you can understand the likely return on investment for a development project like this.
Inspection Management City Of Miami
Permit, zoning, and code requirements also make a big difference. By knowing the rules and ensuring you have the right contracts in place, you can make sure you do not run into any issues later down the line. This is something that we are going to be able to help you with.
Branding is another critical area of consideration when it comes to hi rise development in the city of Miami. Every development has custom elements and features that are unique to it. It is these features that identify the building and help in terms of selling the space.
The better that the contractor is able to understand the brand, the easier it will be for these features to be recognized and, ultimately, this is going to make a massive difference when it comes to making your build stand out from the crowd and ensuring that you make a good return on your investment.
Site conditions also need to be considered carefully. After all, every site is different. In some locations, there is no virgin land, which means that every site has foundations and is pre-developed. These are the sort of factors that need to be considered because they have a considerable impact on the schedule and the cost.
You also need to make sure that you have provisions for health and safety in place and that you have eliminated as many unknowns as possible from the project. Putting together an accurate timeline is critical.
This merely scratches the surface of the different areas that need to be considered when it comes to working on such a large construction project. This is why it makes sense to align yourself with an experienced construction management company that can help you to roll out your hi-rise development properly and ensure that risks are minimized as much as possible.
Ortus Engineering serves Miami Florida and surrounding areas providing permit assistance for large construction projects and inspections for these large projects. Contact us today for more information.
Inquire about our Construction Management City Of Miami services today, too.
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