The PDG Pathway
Real Estate Land Development
Every decision you make affects the quality, schedule, budget, and future profitability of your development. We utilize our experience and creativity to design and manage your project for its highest and best use and greatest return on your investment.
It is critical that owners of properties work with qualified and experienced professionals. The planning, design, and construction decisions will impact the performance of your property for decades. We are fully aware of the latest regulatory requirements and our planning creates a site that will meet those needs. Our Team’s experience is grounded in practical construction and development methods. When you work with Piedmont Development Group, you’re tapping the resources of a company that has created successful developments for itself and its partners for more than 35 years. We have designed, developed, and managed more than 100 projects with development total budgets exceeding $100 million.
Our Clients include investment groups, lenders, municipalities, commercial development corporations, and land owners. Typically, our Clients contract with PDG to help them identify their goals, develop a schedule and plan of attack before the architect or engineer starts the design and keeps working until the tenants move in.
We provide access to seasoned resources. Our professional resources include registered architects, engineers, and experts in all types of property development and construction. Additionally, we maintain a diverse, in-house staff of construction experts, which includes LEED and sustainable design services.
Full Service – We have a full-service philosophy. We can participate in a development of your project in any manner required. We have the resources for development planning of your project and the creativity to structure mutually rewarding joint ventures to meet the risk/return requirements of our partners. We free you from complex and time-consuming day-to-day decisions on design, construction and change orders. Our team knows how to manage risks and keep an eye on quality and cost. We also provide development consulting to help clients develop their own land.
Financing - We have access to different funding sources for financing your project. We can assist you with the development of office buildings, multi-family and commercial mixed-use projects for both construction and permanent funding solutions. Project values that vary in size from $1 million to $50 million.
We are accountable – Our reputation is at stake each time we undertake a project. We provide detailed reports to our partners on every aspect of design and construction. Our vigilance typically helps us generate savings on original construction budgets.
Agency Construction Management
Agency Construction Management (CM) describes an arrangement between the project owner and PDG where we set up multiple bid packages for all aspects of the project from design to construction to be contracted with the project owner. PDG then supervises and coordinates the work to keep the project on schedule and to manage the relationship between all team members and the building owner. This arrangement allows us to provide consulting and management services from the beginning of the project to select the construction team, set the project budget, and determine the scope of the project. PDG provides a comprehensive program of management techniques and expertise to maximize the Owner’s control of project scope (quality), schedule, and cost. Services can be matched to the Owner/project needs to cost-effectively manage the project delivery, thus increasing predictability of the project outcome from conception to completion.
A project owner should consider using agency CM when they need an independent, knowledgeable construction professional to be their advocate throughout the life of the project. In this role, PDG acts as a liaison between the different project phases and bridges the gap between the design and construction forces in the project, but always looking after the Owner’s best interests. A good CM finds ways to align the self-interests of many stakeholders to maximize the success of the project.
The contractual arrangement of Agency CM keeps the CM on the Owner’s side of the table as the Owner’s agent, advisor and advocate; the CM keeps the Owner’s/project’s best interests paramount. The Owner/project benefits from having an independent construction professional involved early on. PDG can provide beneficial impact during design development, including ongoing refinement of the project budget using our construction knowledge base, and ongoing value engineering (VE) starting from day one.
PDG can provide Owner’s Representation (OR) services when we act as an extension of the Owner’s staff to advise/manage the project from conception to completion. This arrangement typically is used to oversee the activities of a single prime contractor with multiple trade contracts held by the prime. This arrangement allows us to provide consulting and management services from the beginning of the project to select the construction team, set the project budget, and determine the scope of the project. However, we can become involved at any time in the process to represent the owner to improve the success of the project.
A project owner should consider using OR when they need an independent, knowledgeable construction professional to be their advocate throughout the life of the project. In this role, the OR acts as a liaison between the owner’s staff and the construction team, but always looking after the Owner’s best interests. A good CM will manage the self-interests of many stakeholders to protect the interests of the owner.
The contractual arrangement of OR keeps PDG on the Owner’s side of the table as the Owner’s agent, advisor and advocate. The Owner/project benefits from having an independent construction professional involved early on. The CM can provide beneficial impact during design development, including ongoing refinement of the project budget using their construction knowledge base, and ongoing value engineering (VE) starting from day one. A OR managing the project on a fee basis offers services to the Owner/project without potential for conflicts of interest.
Property Condition Assessment
PDG can provide service after the building is complete. We can survey the existing conditions of your facility or property to advise on its compliance with the construction documents or to advise on the condition and utility of the current infrastructure. In this role we will provide a report on what we find during our inspection. We can include expected useful life estimates for various components of the building and provide budgets for repairing deficiencies or replacing aging equipment. PDG can even provide schedules and estimates for ongoing maintenance to protect and enhance your investment in real estate.
A Property Condition Assessment (PCA) is often helpful in determining whether to purchase a facility or not. We can provide an independent assessment of the current condition of the facility for you to determine whether the investment is wise. A PCA can also by useful in setting up a condominium owner’s association. Our report can help determine the funding and fees necessary to create and maintain the facility after it has been resold as condominiums.
Application for Payment Certification
PDG can inspect a construction project once a month for the purpose of determining the percentage complete of every line item on the contractor’s schedule of values. In this role we will provide a report on what we find during our inspection. Our certification may be an integral (perhaps even required) part of funding for the project from a third party lender. PDG’s knowledge of the construction industry and experience on the cost of construction provides peace of mind to the building owner and lender that there are adequate funds available to complete construction.