condovo
Senior Member
Well, at the end of the day, we're really not getting anything near the winning design which was absolutely gorgeous. What we're getting is something vastly diminished.
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^^^ And wasn't this value-engineered to such an extreme that Richard Rogers threatened to walk away from the project entirely?
Maybe the city should value-engineer a few parking spots out of the plan if they really want to save money. Perhaps even invest some of that back toward architectural design.In a more couched way, but yes - the firm informed the city no further VE is possible.
AoD
^^^ Yeah thought so. I doubt this project will be featured on RSH's website if it makes it there at all. Pathetic.
Maybe the city should value-engineer a few parking spots out of the plan if they really want to save money. Perhaps even invest some of that back toward architectural design.
Since it IS the parking spots (run by TPA) that are paying for a large part of this project this would hardly seem wise!Maybe the city should value-engineer a few parking spots out of the plan if they really want to save money. Perhaps even invest some of that back toward architectural design.
A lot of people on this board don't seem to realize that TPA is actually profitable, by quite a margin.Since it IS the parking spots (run by TPA) that are paying for a large part of this project this would hardly seem wise!
Surprised it's on their website. It helps that the original, winning design isn't.
A lot of people on this board don't seem to realize that TPA is actually profitable, by quite a margin.
Now imagine how much money the TPA could make if they charged at market rates for parking...
My understanding is that the TPA underground lots around the core are actually profitable, yes, as the rates are so high. The financials for the lot the TPA is buying from Plazacorp at King and Charlotte would have similar rates to this and is profitable.Ironically, the original design is in the downloadable PDF project brief on the site.
Profitable in the case of this particular project with the increased capital requirement as a result of the garage vs. 30yr timeframe for ROI?
AoD