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A New Approach to Hospital Funding
Public private partnerships, or PPP’s, are gaining traction as viable alternatives to traditional funding mechanisms. PPP’s are most closely associated with transportation projects in the U.S., but the private funding model is being used in Europe for other purposes, including hospitals. Now, investors are looking at opportunities within the U.S. healthcare industry, meaning an infl ux of private capital may soon drive the next wave of hospital construction. Download to Read More...
The Healthcare Paradigm Has Shifted
Boyken International and Hart Freeland Roberts have joined forces in a strategic marketing alliance to pursue the booming healthcare market in the US. Hart Freeland Roberts specializes in healthcare facility development planning for hospitals, clinics, medical schools, medical office buildings, retirement communities, mental health and ambulatory care centers. This interview with James G. Easter, Jr., FAAMA, Vice President and Director of Planning, Healthcare Division of HFR, Inc in Nashville, Tennessee provides real insight into new trends in healthcare he is witnessing. Download to Read More...
Building Information Modeling: The $16 Billion Revolution in Collaboration & Facility Information
Over the past twenty years, the manufacturing industry has seen rapid advancements in a shift to the use of digital modeling and project information that takes products from design through fabrication to marketing. Industrial designers, engineers, suppliers, manufacturers, and salespeople collaborate and use information. In the meantime, the construction industry has continued to struggle with the increased exposure to cost escalation, errors and omissions, labor shortages, and dissatisfaction with facilities as delivered. Download to Read More...
Mid-Project Intervention: Early Avoidance and Resolution of Construction Disputes
Experienced owners, designers or contractors can sense when a problem is developing on a project, before it escalates into claims and litigation. Sensing a problem based on the warning signs of trouble1 can lead to early intervention, offering a better chance of resolving disagreements, and allowing the completion of the project in a timely and efficient manner. Two viable mechanisms for such mid-project intervention are the use of a Neutral Expert, and Construction Emergency Response Team (CERT). Download to Read More...
Ten Warning Signs a Project is in Trouble And What to Do About It
David Letterman has his Top Ten List. Moses had His commandments. But hotel owners may not have their own list of construction warning signs … until now. Based on decades of lessons learned from project-management and litigation support, these top-ten pitfalls and their related advice should help hotel executives avoid everything from needless delays to costly litigation to stress-related ills. Download to Read More...
Luxury Resort Trends
On occasion we come across someone who can provide real insight into new trends in design and construction for projects in Boyken’s markets. On this occasion, we interview Scott Lee, a principal in the firm SB Architects, with whom Boyken is currently enjoying a close working relationship on several projects in the Caribbean. In this issue of Developments, we interview Scott about the trends he is observing in designing luxury hotel properties, both in the United States and internationally. Download to Read More:
Conducting the Orchestra
A successful Program manager is like a Conductor of a Symphony Orchestra. The conductor must use the masterpiece created by the composers and the talents of the orchestra to create the outcome intended. Download to Read More...
Using Cost to Cure Estimates in Litigation - The Lawyer's Perspective
Tony Lehman practices construction law in the Atlanta office of DLA Piper, a firm of over 3200 lawyers in 63 different offices worldwide in 25 different countries. In his practice, Tony represents owners, developers, suppliers, contractors, architects, and engineers. Mr. Lehman prosecutes and defends architectural design, construction defect, and payment and performance bond claims in litigation and through alternative dispute resolution. We sat down with Tony to get his take on estimating Cost-to-Cure claims in his litigation practice. Download to Read More...
Measuring, Monitoring and Managing the Potential Cost of Construction Project Risk
Risk is another name for uncertainty, which includes the complete range of positive and negative impacts on the future outcome of a project. A project’s exposure to risk can range from acts of nature to simple mistakes. The usual end result of a deviation from the original project plan, budget or schedule is additional cost to the project. Risk Management is the methodology involved in limiting exposure that can be caused by these events. Download to Read More...
Value Engineering to Reduce Hotel Costs and Operator Costs
Value engineering is an often-misapplied process used to cheapen a building, which can result in higher-than-expected operating costs. True value engineering is the analysis of the systems’ full life cycles with the primary goal of achieving the best value for the money invested. Download to Read More...
Hotel Development Trends: The Emergence of Hotel Spas
The Baby Boomer’s new “theme park” is now the casino and the spa. In the 1990’s, the baby boomer generation – those born between the years 1946 and 1964 -- spent a great deal of their time and money visiting theme parks with their families. Now that their kids have grown, these same thrill-seekers have shifted their focus toward entertaining themselves. One venue that has been a major beneficiary of this trend is the spa. Download to Read More...
Overcoming Cultural Differences in International Hotel Development
With annual spending exceeding $6 billion, tourism is the world’s largest industry. Travel and travel-related industries employ over 234 million people worldwide. That’s almost 9 percent of the world’s population. By 2016, travel and tourism will account for approximately 10 percent of the global economy.Download to Read More...
Hospitality Construction – Cost and Schedule
There’s an old proverb, “the first step is always the hardest.” While appropriate for many things in life, it certainly rings true for any hospitality construction project. The steps taken, or not taken, during the initial planning stages of a project will significantly impact short-term effectiveness and long-term viability of the project. Download to Read More...
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