Real Estate Construction Process
NBD and sister company Haran Construction provides professional construction project management
North Beach Development and sister company Haran Construction provides professional construction project management to oversee all project stages including identifying and assembling the Design Team and Construction Team.
The project design, finance, legal and construction aspects overlap and interrelate. The design must be not only structurally sound and appropriate for the use and location, but must also be financially possible to build, and legal to use. The financial structure must be adequate to build the project design.
The Design Team includes:
The Construction Team includes:
NBD structures relationships to emphasize collaborative partnering between the owner entity, the contractors, and other stakeholders within a construction project.
The construction process is comprised of several stages which are used to organize the application of the process as well as implementation markers. These stages are not necessarily linear as many of the applications overlap.
Does any particular construction project fit within the company’s goals and current workload? If a new, particularly lucrative, project presents itself does the company have the flexibility to accommodate the new project without compromising existing workloads?
The Feasibility Study is the backbone of the construction project. It also contains all the deep dive data needed to determine what product would constitute the highest and best use for the site in order to minimize construction’s inherent risks.
The project plan is what will guide the initiation and continued operation of the project through the Project Management Team. This plan is not set in stone as it has to be able to be adjusted when unexpected events dictate changes. A major activity in the planning stage is preparing the estimated project budget
Any design concept must at a very early stage in its generation take into account a great number of issues and variables which include qualities of space(s), the end-use and life-cycle of these proposed spaces. Selection of appropriate materials and technology must be considered, tested and reviewed at an early stage in the design.
A key part of the detailed design is that the architect often consults with engineers, surveyors, other specialists and the owner entity throughout the design, ensuring that aspects such as the structural supports are coordinated in the scheme as a whole. The control and planning of construction costs are also a part of these consultations.
At this stage all aspects of the eventual build are taken into consideration including economic, social, design, technical and time constraints; entitlements; hiring the prime contractor; preparing the construction contracts; sourcing construction materials and preparing the initial construction schedule.
At this stage the bidding packages are prepared including the bidding questionnaires.
This is the stage at which construction starts. The site is secured, all stakeholders are notified that the project has begun.
This stage is where the site is cleared, the project building is laid out and the physical construction begins.
This stage is when the final walk through is done with the end user and the keys are handed over. At this point the warranty periods begin.
This is the final evaluation of the project. Construction notes, change orders and any variations in the construction process are compared to the original and amended construction plan. The purpose of this process is to learn from the experience of this project and close out the project management team.