The Capitol Cove complex in Providence, R.I. was repositioned, changing from 96 private condos to Johnson & Wales University student housing. |
22. Commercial Properties Repositioned for University USE
Six previously stalled Value Place hotels are being completed by Englewood Construction’s new distressed property division. |
23. Distressed Property Division Targets Stalled Projects
24. Bundle Communications and Data Services for Major Savings
We've all seen the TV commercials for AT&T and Comcast selling the cost advantages of bundling phone, cable, and Internet services. Shane Ketterman, network engineer and administrator with ZGF Architects, applied similar logic when searching for ways to cut costs and streamline communications at the 473-employee Portland, Ore., firm.
Ketterman found a partner in PATEC Holding Corp. to develop a customized solution to bundle and transmit all voice, video, Internet, and data services using a dedicated radio frequency line instead of traditional wire distribution. Radio antennas mounted on the roof of each of the firm's five offices transmit and receive voice/data three times faster than before, and at a fraction of the cost. Ketterman's solution will save ZGF $320,000 this year alone.
"Transmitting data via radio waves is much more cost effective and allows greater flexibility for increased bandwidth and additional services as the needs of the business change," says Ketterman. His solution is also much more reliable than traditional delivery methods—the dedicated FCC radio frequency cannot be interrupted or jammed—and it requires less energy to operate.
25. Revit Boot Camp
26. Keep Your Subcontractors Happy and Save Big Bucks
As part of a companywide commitment to improve relationships with subcontractors, Farmington, Conn.-based KBE Building Corp. (formerly Konover Construction) developed a custom online resource center that provides 24-hour, real-time access to payment status, insurance information, compliance forms, and project details for subcontractors and KBE staff.
"Subs were frustrated with the length of time to get paid, and would frequently call for payment status and other information," says John Patterson, information architect with KBE and developer of the online resource center. He says KBE staff spent hours on the phone daily answering calls, returning calls, and fulfilling requests from subs, costing the company thousands of dollars a month in personnel costs.
After launching the resource center in late 2006, the company saw an immediate 75% reduction in phone calls, in addition to fewer faxes and mailings. Patterson estimates a productivity gain of 25%, saving the company $100,000 annually.
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