Page 45 - March 2017
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HEALTHCARE REAL ESTATE, CONSTRUCTION, DESIGN & FACILITY PLANNING

                Assuring Success with Capital Expansion Projects                                                        Sheinberg Named


          The successful and efficient delivery of a capi-                team can look across industries to find unique con-  NAI/Merin Hunter
        tal expansion project is not a job to be done                     cepts that may bring further efficiency to the owner.
        alone. It requires a team with complementary yet                  Perhaps more importantly, the designers can help      Codman
        diverse skill sets. Be it renovation, expansion or                the owner prepare contingency plans for the “what
        green field, a successful collaboration starts well               if” if scenarios in the uncertain world of health care.  Broker of Year
        before the hammer swings.                                         These benefits extend well past architecture to
          A successful project requires the collaboration                 include mechanical, electrical and plumbing design
        of an owner’s team, design team, and construc-                    as well as other sub consultants.                                NAI/Merin
        tion team. Each party has a role based in unique                    Likewise, when a contractor participates early in             Hunter
        perspective and expertise. When this expertise is                 the process, various construction types and methods             Codman, Inc. is
        effectively integrated, it can yield a final product              can be evaluated. Possible alternatives in construc-            pleased to
        that captures the owner’s desired outcome, on                     tion sequences can be vetted. Potential subcontrac-             announce that
        schedule and on budget, while mitigating risk                     tors can be brought in to help aid in costing, and              Dir ec tor, Lesley
        along the way.                               BY DAVID ASTRAS      development of a complete construction budget can               Sheinberg has
          The well-worn, yet nearly perfect analogy is                    be achieved.                                                    been named its
        the three-legged stool. A stool will not function                   As markets heat up, material and labor prices will            2016 Broker of
        with any less than three legs. Likewise, it will be virtually impos-  rise. In addition to labor costs rising, the availability of skilled  Lesley Sheinberg   the Year after
        sible to develop a project that will find the value-based blend of  labor also becomes tight. With early involvement, project partners  completing
        design, schedule and budget without an integrated owner, design  will begin to schedule resources to ensure that the most qualified  250,000 square feet in commercial
        team, and construction team.                           team is placed on the project. Good folks will always have a place  transactions in 2016.
          Once a project is conceptualized, the next question from senior  to go and if you ask for them late, you may have to settle for less  Sheinberg, a 20-year commercial
        leadership is of course “How Much and How Fast?” This is a  experience.                                        real estate veteran, specializes in office
        tricky question for anyone that has ever had to provide an answer.  With their hands in the clay early, project partners can be better  leasing and investment sales for a
        If the response provided is ultimately under budgeted or prom-  informed which will translate to more efficient work put in place  wide variety of institutional and pri-
        ised too quickly, trouble abounds. If the answer exceeds the reality  and fewer change orders. Both outcomes benefit the owner.  vate equity clients including JP
        in cost and schedule, the project may not happen. Neither is help-  When an owner is looking to kick off a project, they would be  Morgan, Equus Capital Partners and
        ful to an organization. You will find a sand trap to the left and  well advised to bring on partners early. There can sometimes be a  Lionstone Investments. She is also
        water to the right.                                    hesitancy to commit to incur costs early on for a multitude of rea-  recognized as a leading Palm Beach
          By bringing in design and construction partners early, an owner  sons. Regardless of what the justification may be, I would advo-  County medical office expert whose
        will gain a lot.                                       cate that this is a false economy.                      clients include South Florida
          By engaging a design team early, the designers are provided the                                              Gastroenterology and ChenMed.
        ability to more completely understand the operational objectives  David Astras, Project Manager, Planning, Construction and Real
        of the owner and identify opportunities to provide for these needs     Estate, Martin Health System, can be reached at
        and also perhaps account for future growth. With time, a design      david.astras@martinhealth.org or (772) 221-2012.





























































        South Florida Hospital News                                                              southfloridahospitalnews.com                                                            March 2017                         45
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