With six new condo projects already at various stages of development from Greater Downtown Miami to Hollywood Beach, the Related Group – Florida’s most prolific vertical condo developer – is planning to build an additional 10 projects in the South Florida region, according to a new report from CondoVultures.com. “I have already bought the elevators for 10 jobs,” Carlos Rosso, the president of new condo development division of the Related Group, told a sold out crowd of 200 people at the CondoVultures.com 5th Annual State Of The South Florida Condo Market Seminar on Feb. 27, 2013 at the Met 1 condominium in Greater Downtown Miami. “I have already bought the tonnage of steel in futures for those 10 projects. We have done that. Why? Because we are Related. We can buy in bulk” to achieve attractive discounts on construction materials in a highly competitive industry. Rosso added: “If there is one developer that comes to try to compete in any [South Florida] submarket with Related, he is going to have a hard time to match the prices that Related will be able to offer. That gives us a tremendous advantage.”
SITEOPS is conceptual land development software for folks like architects, civil engineers, landscape architects and land developers. After you’ve brought in a site, you can combine building footprints with critical elements like parking, islands and driveways. These elements are parametric, meaning that they re-draw themselves on the fly as you change aspects of your conceptual design. SITEOPS even provides budget tools for estimating the cost of a project.
Want to see what a parking layout might look like if your building were on the other side of the site? As you slide it over, the parking lot automatically reconfigures to maintain the proper number of spaces. Too cool. This short video shows SITEOPS it in action:
Smart Market Planning… for organizations this means making intelligent and informed decisions about where the next store location should be. There are many factors affecting that decision but location is often considered the most important: location of a proposed store, location of potential and existing customers and location of competitors.
Retailers, among other industries, can use location-allocation analysis in Business Analyst to help find a new store location. As the name suggests, location-allocation is a twofold solution that simultaneously locates facilities (stores) and allocates demand (customers) to the facilities (stores).
In Business Analyst, you can solve three different problem types with location-allocation:
1) Maximize Attendance – Good for specialty stores such as coffee shops, medical offices, or electronic stores… assumes that the farther people have to travel to reach your location, the less likely they are to use it.
2) Maximize Market Share – Large discount stores benefit… given the presence of competitors, captures as much market share as possible with a given number of locations.
3) Target Market Share – For a given target market share, tries to solve using the fewest potential locations necessary. Large discount stores also benefit by determining the expansion required to reach a certain level of the market share or see what strategy is needed to maintain the current market share given the introduction of new competitors.