AXIS Towers, Miami
Twin 39-story towers
718 condo units
909 parking spaces
Eliminating Development Risks
Rotholz was hired by the lead equity partners to manage potential financial risks during development. Joining the team prior to acceptance of the final guaranteed price (GMP), Rotholz evaluated the development package and identified the primary levels of risk. At the recommendation of Rotholz, major building components and systems were refined and converted from variable allowance items to fixed guaranteed price items thus eliminating primary risk for the investors. Construction monitoring continued over a 2-year period leading to a project delivered on time and within budget.
Rotholz served as the Owner’s Representative for the Equity Partners
Contractor: Coastal Construction