A-Grade commercial building in North Sydney. The building comprises nine storeys of office space and two levels of basement carparking and end-of-trip facilities.
Opportunities Identified:
Revised core design introducing a stretcher fire stair in lieu of two separate fire stairs, detailed redesign of plantroom spaces–all resulting in the conversion of 672m2 from non-usable core floor space into revenue generating NLA.
Added $10 million to the Net Present Value of the building.
Early Involvement is Crucial to Banking Opportunities:
Unfortunately the above opportunities were identified during the head contractor tender phase and the client had already secured leases with tenants.
This case study is a prime example of the benefits of having Navigate involved during design development when these opportunities can be taken advantage of.