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$1.1MM structure savings uncovered in 180-unit Multifamily Development

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This image may not display the actual project to keep the development anonymous.

EST. $94,000,000

Initial Budget

$1,100,000

Total Saved

1.2% Hard Costs

Total Cost Reduction

MARKET SECTOR

Multifamily

STRUCTURE

Podium

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Structure costs are not something structural engineers measure, making it impossible for them to understand the cost implications of the design decisions they make day in and day out. The reality is small, seemingly insignificant design decisions greatly impact the bottom line. With the H+O Cost Index, you no longer need to accept this blind risk. We leverage technology and cost data to inform structural design so you don’t overspend.

This 180-unit, market rate multi-family development was constructed with 4 levels of wood construction over 2 parking levels totaling 285,000 GSF.  First instincts suggested there wouldn’t be many savings – this wasn’t an a complicated building. The site was flat, residential units were well laid out, and garage parking layout was standard.

Fortunately, we didn’t just assume and the client elected to take advantage of our risk-free cost review to make sure there wasn’t money left on the table.

Here’s what the cost study uncovered:

  • $500k reduction in structural steel
  • $375k in lateral system changes
  • $60k in metal deck gage
  • $50k in unrealized footing optimization
  • $120k in unrealized wood shear wall optimization

Total potential structure savings exceeded $1,100,000, a 5.5%+ improvement in structure costs reducing total hard costs by more than 1.1%. Realized savings expected to be >$800k.

See what customers are saying...

We’re proud to support nationally recognized developers and architects.

“Their ability to quickly and creatively respond to inherent challenges we encounter in the field is so important to keeping my jobs on track and moving forward.  Their collaborative approach to design, with a focus on cost efficiency and buildability, is second to none.

I wouldn’t do a job without H+O on my team.”

Marc Savatsky
Choose Boston

“I have been fortunate to work with H+O on several wood-framed projects. I have found them to have a good understanding of how to effectively utilize offsite components in a way that brings great value to their clients.

They do a great job designing cost-effective projects that are easily constructed. I would give them a high recommendation.”

Tom Dixon
MiTek

“I can confidently say they’ve been an invaluable partner. They aren’t afraid to think outside the box, which has helped us optimize our structural designs and achieve greater efficiency on each project.

I highly recommend H+O to anyone looking for a reliable, innovative and collaborative partner.”

Rob Simmons
Cathartes

“Really efficient, great communication and follow-up. They explain the options and impacts in a way that is easy for everyone to understand their value and make decisions.”

Robert Harbeson
Market Square Architects

“I can say with confidence H+O executes at a high level, regardless of the project type or location, and consistently does so in a timely manner.”

Ryan Noone
EMBARC

“I believe that most, if not all, of their structural engineers are trained to deliver a similar result that looks and feels the same. They have their systems down.”

Parker Snyder
ARCO National Construction