STRATEGIC ADVISORY AND CAPITAL IMPROVEMENT OVERSIGHT

N A C D A C U S H M A N & W A K E F I E L D

I T ’ S T I M E T O T H I N K D I F F E R E N T LY

We cut through the noise to ensure a successful project on your behalf.

ASSISTANT ATHLETIC DIRECTOR

OPPORTUNITIES

SINGLE POINT OF CONTACTCommunication is key—we provide direct and efficient reporting to the Athletic Department, Athletic Director, and all other decision makers as needed.

TRUSTED EXPERTSOur experience crosses the public and private sector and is unparalleled—we manage the entire project, from ideation to execution, including risk and cost management, and budget and timeline oversight.

UNBIASED ADVISORThere are no games—we provide complete transparency throughout the project allowing the most informed and strategic decision making.

PROJECT MANAGER VS. THIRD PARTY DEVELOPMENT MANAGERLarge, multi-disciplinary teams are necessary to plan and deliver projects of this scale but are typically managed by a single point of accountability (Project Manager) via the architecture firm or construction company with conflicting interests.

DEPTH OF EXPERTISEWith limited internal resources, oversight within the Athletic Department often falls to an Associate Athletic Director or special projects leader. As the eyes and ears of the Athletic Director, this individual may or may not have experience accessing risk, managing budgets and schedules, and vetting quality control on large scale development projects.

TRANSPARENCYAny project without complete transparency from the early planning stages is at risk of cost overruns, delayed schedules, and compromised service/product quality.

C L I E N T B E N E F I T SOur owner and occupier perspective, combined with decades of on-the-ground know-how, translate to very real benefits for our clients:

REDUCED RISK

TIME SAVINGS

COST SAVINGS

Cushman & Wakefield is your expert advisor leading the process of capital improvement oversight. We are your third-party advocate with the best interest of the Athletic Department, Athletic Director, and institution in mind.

College athletic departments throughout the country are spending at an unprecedented pace to develop and renovate facilities for all sports. Often times these multi-million dollar projects are planned and managed without the oversight of an experienced, third-party project manager exclusively aligned with the athletic department to manage the budget, schedule, and reduce risk.

CHALLENGES

ENGINEER

ARCHITECTURE FIRM

GENERAL CONTRACTOR

PROJECT MANAGER

ATHLETIC DIRECTOR

ENGINEER

ARCHITECTURE FIRM

GENERAL CONTRACTOR

DIRECT ALIGNMENT WITH ATHLETIC DEPARTMENT

IF A PROJECT MANAGER HAS BEEN ASSIGNED, CUSHMAN & WAKEFIELD CAN PROVIDE CAPITAL IMPROVEMENT OVERSIGHT ALIGNED DIRECTLY

WITH THE ATHLETIC DIRECTORS OFFICE

CONFLICTING ALLIANCE

CAPITAL IMPROVEMENT OVERSIGHT

ASSISTANT ATHLETIC DIRECTOR

ATHLETIC DIRECTOR

C&W PROJECT MANAGER

ARCHITECTURE FIRMOR

GENERAL CONTRACTOR

ORUNIVERSITYRESOURCE

C U R R E N T S T A T E T H E C & W W A Y

N A C D A C U S H M A N & W A K E F I E L D

W O R K I N A C T I O N

PROJECT BUDGET$2.2 Billion

SECTOROffice

Retail

Residential

Performing Arts

Hospitality

SERVICESDevelopment Management

Cost Management

Procurement

Project Management

PROGRAM2M SF Office

200K SF Retail

850 Residential Units

350 Room Hotel

1,200 Seat Performing Arts Center

8,000 Parking Spaces

PLANNING + ENTITLEMENTS

Up-zoned 23-acre campus site from 2 MSF FAR to 5.1 MSF FAR with added uses including retail, hospitality, residential and performing arts.

DESIGN + ENGINEERING

Relocated outside footprint to save cost, reduce schedule, and better facilitate future construction.

COST CONTROL

Identified premium costs during Work Letter reviews at relocation options allowing the client to select a more cost effective building that met their requirements.

SCHEDULE CONTROL $7.5 M SAVINGS

Secured approval for earlier furniture installation allowing occupancy 2 months earlier.

HEADQUARTERS CAMPUSTysons Corner, VA

PROCUREMENT $4 M SAVINGS

Reduced schedule risk and value engineered design resulting in 10% savings.

CONSTRUCTION $50,000 / YEAR SAVINGS

Significant ground water was found during construction requiring a re-design of the foundation systems.

TECHNOLOGY

Developed “smart building” technology systems into an integrated system including HVAC/Electrical, BMS, security, IT, A/V, Life/Safety resulting in energy efficiency and coordinated occupancy systems.

N A C D A C U S H M A N & W A K E F I E L D

W O R K I N A C T I O N

PLANNING + ENTITLEMENTS

Up-zoned 14 acre campus site from 2 MSF FAR to 4.9 MSF FAR with added uses including retail, hospitality, residential, performing arts and parking.

DESIGN + ENGINEERING

Redesigned Phase 2 Tower which reduced costs by $95 M. Relocated cranes to outside of building footprint to save cost, reduce schedule, and facilitate future construction.

COST CONTROL

Identified premium costs (base building infrastructure costs, electrical, HVAC, fire protection) allowing the client to select the most cost effective building elements that met their requirements.

SCHEDULE CONTROL

Adopted fast track, phased construction schedule accelerating overall Tower schedule by 1+ year. Separated Performing Arts Center from parking garage further accelerating the completion by 6 months.

PROJECT BUDGET$2.0 Billion

SECTOROffice

Retail

Residential

Performing Arts

Hospitality

Structured Parking

SERVICESDevelopment Management

Master Planning

Design Management

Entitlements

Construction Management

Cost Management

Finance

Leasing

TI Management

PROGRAM2 MSF Office

120K SF Retail

200 Residential Units

150 Room Hotel

1,000 Seat Performing Arts Center

7,400 Parking Spaces

NATIONAL HEADQUARTERSt. Louis, MO

PROCUREMENT $4M SAVINGS

Reduced schedule risk and value engineered design resulting in 10% savings.

CONSTRUCTION

Redesigned Tower from cast-in-place concrete to steel reducing overall cost and accelerating schedule

TECHNOLOGY

Developed “smart building” technology systems into an integrated system including HVAC/Electrical, BMS, security, information technology, A/V, Life/Safety resulting in energy efficiency and coordinated occupancy systems.

N A C D A C U S H M A N & W A K E F I E L D

W O R K I N A C T I O N

PROGRAM

Structured as a ground lease on University-owned land located across from the main campus entrance.

Regular coordination between the Southern Management Corporation (the developer) and the Foundation, including monthly progress reports.

Mediator between the UMD Facilities Team and the developer.

Maintained construction schedule while protecting the safety of the students and the staff.

THE HOTEL AT THE UNIVERSITY OF MARYLANDCollege Park, MD

PROGRAM

Mixed-use facility featuring Georgia Tech’s computer-based research programs with:

• State-of-the-art space for computer research

• Data center

• Other high-tech operations for the private sector

Project includes:

• 480,000 sf of office space (20 floors)

• 80,000 sf high performance computing center

• 35,000 sf of retail and lobby space

• 100,000 sf parking deck

Cushman & Wakefield advised on developer selection and represented Georgia Tech in the execution of their 300,000 sf office lease at Coda Tech Square (including financing and project management for build-out), which was the largest office transaction in the Atlanta market in 2016.

CODA TECH SQUARE AT GEORGIA TECHAtlanta, GA

PROJECT BUDGET$150 million

SECTOREducation and Hotel

SERVICESOwner’s Representation

PROGRAM400,000 SF mixed-use facility

TIMEFRAME2015 - present

PROJECT BUDGET$450 million

SECTOREducation

SERVICESConsulting

Project Management

Equity Debt & Structured Finance

Tenant Representation

PROGRAM695,000 SF mixed-use facility

TIMEFRAME2013 - present

CRAIG CASSELLExecutive Managing DirectorGlobal Leader, Education Sector+1 312 470 2329craig.cassell@cushwake.com

MICHAEL SESSAExecutive Managing DirectorCo-Lead, HQIQ Headquarter Practice Group+1 312 871 5009michael.sessa@cushwake.com

GARY HELMINKSIEducation Lead & President, Project & Development Services+1 202 266 1157gary.helminksi@cushwake.com

REPRESENTATIVE CLIENTS