Construction Cost

Suffolk University is planning to build a $49 million academic building in Boston. The 10-story, 110,000-sf facility will provide classrooms, teaching labs, faculty offices, an art gallery, and a cafeteria. The project team includes architect NBBJ and general contractor Suffolk Construction. Lean construction methodology will be employed in the delivery of the project, as well as Virtual Design and Construction (VDC) technologies. Occupancy is expected in July of 2015.

Lacking space for its health science programs but faced with a limited budget, the University of Georgia is repurposing a former Navy Supply Corps School as a new Health Sciences campus, salvaging a property slated for closure and creating a more modern, collaborative learning environment. Throughout the renovation process, the challenges have been managing end-user expectations, balancing practicality with functionality—including reusing some materials—and dealing with diverse properties in this compatible but not perfectly matched space.

The California Institute of Technology uses facility condition assessment and data-driven analysis to determine the best investment strategy for limited recapitalization funds. Combined with the institutional discipline to demolish or mothball buildings, Caltech minimizes costs and maximizes immediate functionality, while making funding decisions that support the institutional mission.