1182

BUSINESS NEWS PRESCIENT PARTNERS WITH TRAMMELL CROW RESIDENTIAL TO COMPLETE TWO APARTMENT PROJECTS Prescient – a fully integrated and patented design, engineering, manufacturing, and installation solution for the construction industry – announced an ongoing partnership with Trammell Crow Residential and the completion of two innovative apartment projects in Denver. Alexan Uptown is Prescient’s tallest structure to date in Denver. The 12-story, 372-unit apartment building features more than 450,000 square feet of total building area and consists of eight stories of Prescient structure on top of a four-story concrete podium. The project, owned by Trammell Crow Residential, was contracted by Martines Palmeiro Construction, designed by Kephart Architects and engineered alongside Anchor Engineering . “I first came to know Prescient four years ago and recognized they possessed a unique value proposition – a better way to design and build multi-unit buildings,” said Matthew Schildt, managing director of development at Trammell Crow Residential. “Prescient had developed a standardized structural system and design software that promised to expedite the process and deliver significant savings.” TCR and Prescient’s second conjunctive apartment project, the Alexan Cherry Creek apartments, boasts 156,000 square feet of Prescient structure. The eight-story building includes 164 units. The project was completed in partnership with architect Shears Adkins Rockmore . “To date, we have finished two projects with the Prescient structural system and have three more in planning for 2017 and 2018. By embracing Prescient’s technology and standardized approach to design and construction we are

Take your advice from Mark Zweig to-go.

seeing compressed design and construction schedules and a better, more cost-effective result,” said Schildt. “Working with Trammell Crow Residential on multiple projects has enabled our teams to fully utilize Prescient’s standardized design, engineering, and construction platform. We’ve been able to optimize designs to work with our framing system, leading to significantly lower costs, better execution in the field, and shorter construction schedules. Applying advanced design and construction technology to the construction process mitigates the typical risks associated with large multi-unit projects,” said John Vanker, founder of Prescient. Prescient, which recently expanded its 12- acre, 120,000 square foot Arvada, Colorado, headquarters and manufacturing facility, is on track to complete 1.5 million square feet of projects during 2016. In February 2017, Prescient will begin production at its 10-acre site near Raleigh-Durham, North Carolina. The company is building a 135,000 square foot manufacturing facility to more efficiently service markets along the East Coast up and down the I-95 corridor from Maine to Miami and all markets east of the Mississippi River. “Prescient is fast becoming the urban-infill solution of choice in Denver. Our partnership with Trammell Crow Residential has been the cornerstone of our growth in this city, and we’re thankful for that,” said Satyen Patel, chairman and CEO of Prescient. In 2016, Prescient expanded its footprint with projects beyond Colorado, including Florida, Texas, Missouri and Nebraska. In 2017, the company will expand its presence with projects in Illinois, Indiana, Oklahoma, North Carolina, Georgia, Virginia, Maryland, Washington, D.C., Kentucky, and Tennessee.

thezweigletter.com/category/podcast/

1200 North College Ave. Fayetteville, AR 72703 Mark Zweig | Publisher mzweig@zweiggroup.com Richard Massey | Managing Editor rmassey@zweiggroup.com Christina Zweig | Contributing Editor christinaz@zweiggroup.com Sara Parkman | Editor and Designer sparkman@zweiggroup.com Liisa Andreassen | Correspondent landreassen@zweiggroup.com

MARK ZWEIG, from page 1

a positive example. You all know what I am talking about here! It’s work ethic, how responsive they are, how responsible they are, how creative they are, how unselfish they are – and a lot more. Firm principals and managers who don’t “get” this idea need to be run off quickly OR they will destroy morale and make YOUR firm a crappy place to be. 4)Work on your facility. Is it a dump? Do people have to put a trashcan under roof leaks or deal with a toilet that constantly stops up? Do they have natural light? Is it a place they would be proud to show their family and friends? Is it clean and organized or a big fat mess? All of these things and more should not be problems for people to contend with today. Solve them and make your place a better place to be. 5)Work on your culture. Do you celebrate achievement? If not, you should? Are people nice to each other and respectful of everyone in the organization? If not, they should be. Do the best people get the rewards? If not, they should. Does management share financial information and trust the employees to do their jobs? If not, they should. Cul- ture is so important! You can’t ignore it. I’m out of space. I could talk about this subject all day because the truth is, most AEC firms have a long way to go before becoming one of the Best Firms to Work For! MARK ZWEIG is Zweig Group’s founder and CEO. Contact him at mzweig@zweiggroup.com.

Tel: 800-466-6275 Fax: 800-842-1560

Email: info@zweiggroup.com Online: thezweigletter.com Twitter: twitter.com/zweigletter Facebook: facebook.com/thezweigletter Published continuously since 1992 by Zweig Group, Fayetteville, Arkansas, USA. ISSN 1068-1310. Issued weekly (48 issues/yr.). $475 for one-year subscription, $775 for two-year subscription. Article reprints: For high-quality reprints, including Eprints and NXTprints, please contact The YGS Group at 717-399- 1900, ext. 139, or email TheZweigLetter@ TheYGSGroup.com. © Copyright 2016, Zweig Group. All rights reserved.

THE ZWEIG LETTER January 9, 2017, ISSUE 1182

Made with FlippingBook Annual report