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Investment Client “share the risk” Architecture

In some instances, Jones Pierce will risk time before project financing for in-trade equity in the project. Time after financing is paid out of the construction loan. Sharing the risk puts the investor and architect on the same page to produce a design to maximize ROI and to offer incentives to the overall project success. We determine if the project is a good candidate for our services prior to starting work by producing a project budget and preliminary post-project equity calculation.

Step 1 / Preliminary Design
Gather information to start work including surveys and as-built drawings. Analyze the site. Produce plans and exterior elevations of the design for contractor pricing and to use as a bank package. Recommend the best contractor for the project. Recommend breakdowns in the scope of work for the contractor to price as separate pieces. Recommend additive and deductive alternates for the contractor to price. Answer contractor pricing questions. Meet with the owner and contractor for pricing presentation meetings. Help the owner determine the best contractor for the project and the scope best scope of work for the budget.

Step 2 / Construction
Produce a base permit set of the approved scope of work. Tailor a package beyond the base permit for drawing according to client and project need for interior details, lighting and systems and finish information. Finalize project specifications. Follow through to the end of construction.

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