Problem: Luxury boutique hotels can struggle during non-peak seasons, carry high cost for staff and operating costs, and absorption rates for new branded residences in Sonoma County are difficult to forecast due to being over an hour and half from a metropolis city in the San Francisco Bay Area. Construction costs can be high in remote relocations where the labor pool is sparse and the weather creates seasonality when you can build.

Actions: I advised on the development, brand and operations cost for the hotel and residences, executed a strategic development plan for design consultants and construction contractors, and implemented the procurement solution for the labor, building materials, and FF&E. I delivered a development pro forma, operations budget, and pre-construction road map that I built with the general contractor to give the owner partnership assurance that the project could move forward under the budget and timeline.

Results: Cost savings from strategic sourcing of design and engineering consultants and better internal project controls improved reporting from the development management team were implemented. During Pre-Construction, I managed the VE process, and shaved off $5.8M in unnecessary costs while preserving functionality and aesthetics of the project. This led to assurance that the project could be delivered for $69M in construction, and within 22 months of construction further protecting projected returns.