Early engagement leads to accurate cost and avoiding risk during design.
OCMI is supporting the architectural team of HED (HED | Architecture Engineering Sustainable Design Firm) and Moore Rubel Yudell (Moore Ruble Yudell Architects & Planners) in developing cost estimates for a Capstone and Visual Art/Media building and a new gymnasium at the Santa Monica High School (SAMOHI’S) Main Campus. Our early engagement in the development of this third phase of campus renovations has been instrumental in identifying risks and maintaining costs at a reasonable level. The estimating team ran special cost studies on certain items such as structural components, classroom technology and site development to develop accurate cost at early stages of design.
OCMI was then asked to provide a focused economic analysis which explored the impacts of a one-year construction start delay from January 2022 to January 2023. The study considered projected local construction market volumes, macro supply chain risks, and forecasted inflation to determine the potential cost impacts. The net result was a projected $8.2 – $10.3M increase in estimated construction costs. This report allowed SMMUSD to make informed decisions related to cost and schedule risks while detailing the causation to their stakeholders.”
The Capstone and Visual Art/Media building will contain flexible and open spacing to facilitate adaptions in the learning environment. Preliminary costs for this project are estimated at $104 million including demolition. The site requires the demolition of the gymnasium and cafeteria building as well as the history building to make way for this new 56,000 classroom building and a 55,000 GSF gymnasium comprised of 22,000 GSF of courts and support areas.
Renderings courtesy of HED & Moore Ruble Yudell