Dodge Data & Analytics reports that nearly 70% of multifamily construction projects have experienced cost overruns since the pandemic, with average increases approaching 15%. This article examines the common hurdles in multifamily developments and highlights how integrating lighting design in the early phases of a project became a strategic move to simplify construction, cut costs, and foster successful projects.
Common Challenges in Multifamily Development In our experience, companies consistently encounter a recurring set of challenges that seem to plague many multifamily projects. We've seen firsthand how these common issues not only derail timelines but also compromise the overall vision of a project. Budget Overruns In many multifamily projects, delayed involvement of lighting professionals has been a recurring pitfall—a critical oversight that can alter a project's trajectory. Without early integration of lighting design, developers often encounter expensive redesigns and disruptive adjustments that push back timelines and balloon budgets. This challenge is particularly pronounced in residential construction, where both visual appeal and energy efficiency are key to a project's success. Late-Stage Design Changes and Value Engineering Budget constraints force late-stage design changes and costly value engineering exercises. According to the National Association of Home Builders, 54% of builders report significant setbacks due to design adjustments. When design changes and value engineering render delivered materials unnecessary, additional expenses are incurred, further extending lead times and compounding project delays. Fragmented Project Management Fragmented project management processes hinder effective collaboration. With an overwhelming number of parties involved, from architects to contractors, miscommunication has become a common issue that derails timelines. Integrating Lighting Design Early to Decrease Project Risk At LOGIQ, we realized that effective lighting solutions were often an afterthought in construction, until we saw firsthand how this oversight could derail projects. We observed that integrating lighting design early in multifamily developments could be a strategic move to minimize delays and prevent costly budget overruns. Drawing from our extensive experience working with developers determined to keep project costs in check, we envisioned a process where lighting was a key player from the very start - Design Assist Distribution®. Our trademarked Design Assist Distribution® process integrates lighting into the early planning phase of a project, significantly reducing costs while giving stakeholders greater control over project outcomes. Benefits of Design Assist Distribution® Empowers Stakeholders to Refine Specs & LayoutsDesign Assist Distribution® optimizes lighting during the planning phase and empowers stakeholders to refine specifications and layouts, ensuring that projects not only meet high aesthetic standards but also adhere to financial constraints. In essence, our approach transforms lighting from an afterthought into a vital component of project efficiency and success. Eliminates Costly Value Engineering and Last-Minute Design Adjustments Design Assist Distribution® allows us to maintain the original vision while keeping costs in check. Our team works closely to understand goals and constraints. Based on the project’s challenge and our stage of involvement, LOGIQ selects the best manufacturer from our trusted network, minimizing lead times to keep delivery on track and within budget as initially set out by the developer. This trademarked process along with our tested network of manufacturers allows for informed design choices against budget and timeline realities, ensuring every decision aligns with project intent. Enables Successful Project Management Before construction starts, the team carefully selects fixtures and creates layouts that fit within the budget. This proactive approach ensures everything aligns, preventing any surprises later on. By focusing on efficiency, they pave the way for a smoother building experience for developers and construction managers. Addressing common challenges in multifamily projects requires a strategic approach, and integrating lighting design early offers a practical solution. Engaging all stakeholders at the outset creates a unified vision and decreases common risks associated with these projects. Stakeholders should act now to embrace this strategy for smoother, more successful project execution. At LOGIQ, we believe in the power of early collaboration. Integrating design and budgeting from the start highlights our commitment to efficient multifamily projects that meet expectations without surprises. Get in touch with our team to know more about how we can help de-risk your next project: https://www.logiqsupply.com/contact.html.
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