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YOUR PERIODIC UPDATE FROM BOZZUTO CONSTRUCTION

FROM THE DESK OF
Winter 2012

 

Hello and welcome to the first issue of Bozzuto Construction Company’s new quarterly e-newsletter.   

We send this to you because you’re a client, partner, colleague or friend of BCC. Our hope is that this periodic update will provide you with our take on the latest news in the construction industry and at least a few bits of helpful and interesting information.  (And I promise we’ll do our best not to bore you…!)

If there’s anything you’re interested in seeing us cover in future newsletter issues, don’t hesitate to drop us a line.  We look forward to hearing from you.

 

Mike Schlegel  |  President, Bozzuto Construction | mschlegel@bozzuto.com

 


 

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GET TO KNOW

 


Kelly Cantley

Kelly Cantley recently joined Bozzuto Construction as Director of Business Development, where she is responsible for leading and overseeing the development of new business opportunities.

Kelly was previously the business development manager for Turner Construction Company’s Maryland operations, where she was responsible for market analysis and pursuit of construction projects across the state. Prior to that position, she was an Officer in the Civil Engineer Corps for the U.S. Navy.  

Kelly is the president of Baltimore’s ACE Mentoring Program and treasurer for ULI Baltimore.  She received a Bachelor of Science in Aeronautical Engineering from the U.S. Naval Academy, and a Master of Business Administration from Johns Hopkins Carey School of Business.

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PROJECT SPOTLIGHT

 

 

 

vPoint

In 2009, the Views at Clarendon Corporation hired Bozzuto Construction to build vPoint, a mixed-use, mixed-income community located just one block from the Clarendon Metro Station in Arlington, VA.  

The plans called for eight stories of new apartment homes atop two stories that contained the site’s long-time occupants, The Church at Clarendon and the County’s largest child daycare center.  The plans also preserved the church’s steeple – a landmark in Clarendon – and created 120 underground parking spaces.  

Upon reaching the bottom of a 40-foot deep excavation, the engineering team encountered unexpected challenges in achieving the appropriate soil bearing capacity, which called for a completely new foundation design plan.  The new design resulted in a six-week schedule impact – a significant blow to the project schedule.  

Yet through careful planning, innovative approaches, and a true team effort, we – the owner-architect-contractor team – were able to devise a plan that would allow vPoint to finish on time.  In fact, we were able to build the entire 10-story building plus the four levels of underground parking in just 12 months.


We did more than just work overtime. We worked hand-in-hand with our subcontractors and architects to come up with the best and most efficient way to complete the project on time. Here’s how we did it:

•    Thorough pre-construction meetings with our subcontractors, we resolved scope and sequence issues. We coordinated reviewed submittals with all trades. On top of our weekly foreman meetings, we also met weekly with major trades one-on-one to maintain open communication, discussing more in depth schedules and our project goals.
•    We topped out two weeks ahead of schedule using concrete accelerants to shorten our cure time.
•    By keeping the tower crane and staging materials completely on the outside of the building, we were able to deliver brick from the outside, in lieu of through the interior floors.  This resulted in an early start for interior framing and MEP rough-in, which were thereby completed four weeks earlier than originally planned.

•    We made factory inspections to ensure materials were being fabricated and delivered on time. This included windows, pre-cast, masonry, architectural millwork, etc.
•    We paid for stored materials although the owner contract did not allow reimbursement for it. This ensured that we had materials available for install when the work was ready. We also purchased extra stock to have if needed.

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FEATURED CLIENT

 

 

 

Urban Atlantic

From 1998-2008, Bethesda, Maryland-based Urban Atlantic completed more than $1.1 billion in real estate developments and placed over $1.3 billion in real estate investments.  Led by Vicki Davis and Scott Nordheimer, and focused on central cities and first ring suburbs, Urban Atlantic is known for successfully transforming urban communities up and down the East Coast.

In 2010, Urban Atlantic and its development partner, A&R Development, jointly selected Bozzuto Construction to build Rhode Island Row.   Located directly adjacent to the Rhode Island Avenue Metro Station in Washington, D.C., the development consists of 274 apartment units built over 72,000 square feet of retail space, one precast parking garage and two cast-in-place concrete parking structures.  The community is scheduled for completion in September 2012.

Click here for more information about Urban Atlantic and click here for more information about Rhode Island Row.

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IN THE PRESS


 

Union wharf

On December 13th, Bozzuto Construction broke ground on Union Wharf, its latest project for Bozzuto Development.  Click here to read the Baltimore Sun’s article about the start of the development.

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TOOLBOX TALK

 

 

BUILDER Magazine has a regular feature titled “Jump Ball”, in which three builders are asked to respond to a question of the month.  For the December 2011 issue, they asked Bozzuto Construction President Mike Schlegel to answer, “What is your company doing to keep construction costs down?”  Here was his response:

Courting new subcontractors and suppliers has been key to keeping costs down in our market focus of urban infill and mixed-use multi-family developments. We have seen prices rise about 5-7% from the bottom of the recession, and while there have been some material price increases caused by higher fuel prices, I believe this is due primarily to subcontractors and suppliers attempting to get some margin back into their bids after a couple of years of barely breaking even.

I don’t think there is much, if any, room for subcontractors to further cut their prices. Subcontractors are struggling with the arguably deepening recession in home building and their failure to keep their doors open will put upward pressure on prices, which won’t be good for builders or ultimately, land sellers & consumers, in the long run.


I anticipate that we’ll see another 2-4% in price increases in the next 6 months in the Washington/ Baltimore multi-family housing market. To the extent subcontractors and suppliers attempt to go beyond this point, others will backfill the market with more competitive numbers. We will continue to look at expanding our players, mixing them into our existing pool of subcontractors and suppliers to ensure that we get the quality we demand at a price that is competitive.

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UPCOMING EVENTS

 

 

 

On February 29th, HAND (Housing Association of Non-Profit Developers) will hold a panel event titled “Non-Profit Building – Keys to a Successful Project” at Bozzuto’s vPoint development in Arlington, VA.  The session will use the vPoint project as a case study and will also offer a guided tour of the community.

Panelists include Doris Gantos (Bozzuto Development – Owner’s Rep Role), Mike Green (Bozzuto Construction – Construction Management), Michael Foster (MTFA – Architect), Jerry Morris (Church of Clarendon – Owner), John Welsh (Affordable Housing Coalition – Moderator).

For more information, please visit: http://handatvpoint.eventbrite.com/

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ABOUT US

 

 

 

Established in 1988, Bozzuto Construction Company and has been responsible for the construction and renovation of more than two million square feet of mixed-use and multifamily projects with a value in excess of $2.2 billion. With annual revenues of more than $150 million, Bozzuto Construction’s portfolio includes urban infill, high-rise, mid-rise, senior living, affordable housing and garden style apartments; along with retail, theatre, churches, student housing, site infrastructure construction and renovations.  The company’s expertise lies in project planning, cost estimating/bidding, general contracting and construction management.
 

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