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Value Creation: Repositioning into Medical Office

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This thesis examines the value creation potential of renovating an existing commercial real estate asset to a medical office. It begins by examining commercial real estate and the medical sector at a high level. It then discusses the various criteria

This thesis examines the value creation potential of renovating an existing commercial real estate asset to a medical office. It begins by examining commercial real estate and the medical sector at a high level. It then discusses the various criteria used to select a subject property for renovation. This renovation is then depicted through a modified pitch book that contains a financial model and pro forma.

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2021-05

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Value Creation: Repositioning into Medical Office

Description

This thesis examines the value creation potential of renovating an existing commercial real estate asset to a medical office. It begins by examining commercial real estate and the medical sector at a high level. It then discusses the various criteria

This thesis examines the value creation potential of renovating an existing commercial real estate asset to a medical office. It begins by examining commercial real estate and the medical sector at a high level. It then discusses the various criteria used to select a subject property for renovation. This renovation is then depicted through a modified pitch book that contains a financial model and pro forma.

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Date Created
2021-05

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House Renovation

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An existing house is outdated and in need of a renovation. The kitchen, living room, bar and dining room are currently all closed off from one another creating four separate spaces. The goal is to recreate the main floor into

An existing house is outdated and in need of a renovation. The kitchen, living room, bar and dining room are currently all closed off from one another creating four separate spaces. The goal is to recreate the main floor into an open concept space, that is great for entertaining, and being with family and friends. This Thesis/Creative Project deals in the area of structural redesign, aesthetics, client relations and budget tracking. To do this effectively, Revit, AutoCAD, RISA 3D and Excel will all be used to complete various elements of the project. In order to open the space a structural analysis needs to be done to ensure the structural integrity of the home remains solid. If structural walls are being removed the forces being exerted on those walls will need to be redistributed. This will require a redesign of the structural members to ensure the forces are supported. Once the walls are down the area can be redesigned to ensure function and usability. Every inch of the space needs to be optimized to ensure the most efficient use of space. The storage will also need to be taken into consideration because there will be storage loss when removing walls. The space will need to look aesthetically pleasing and keep in theme with the country cabin feel of the home. The Client’s will be involved in every step of the process to ensure they are satisfied with the varying design. While redesigning the area there is a strict budget that was set by the Clients, and every step of the designing process needs to take into consideration the cost. Once the successful completion of the project is accomplished, the Clients, will have the ability to take the plans and complete the renovation on the house.

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2019-12

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Value Creation: Repositioning into Medical Office

Description

This thesis examines the value creation potential of renovating an existing commercial real estate asset to a medical office. It begins by examining commercial real estate and the medical sector at a high level. It then discusses the various criteria

This thesis examines the value creation potential of renovating an existing commercial real estate asset to a medical office. It begins by examining commercial real estate and the medical sector at a high level. It then discusses the various criteria used to select a subject property for renovation. This renovation is then depicted through a modified pitch book that contains a financial model and pro forma.

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Created

Date Created
2021-05

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This Old Home: Retrofitting the Soviet Khrushchyovka

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The aging apartment blocks (nicknamed “khrushchyovka”, or plural “khrushchyovki” for Soviet Premier Nikita Khrushchev) of the former USSR are facing demolition, despite the fact that many low income families still depend on these units for housing. This paper researches the

The aging apartment blocks (nicknamed “khrushchyovka”, or plural “khrushchyovki” for Soviet Premier Nikita Khrushchev) of the former USSR are facing demolition, despite the fact that many low income families still depend on these units for housing. This paper researches the development of the khrushchyovka and its estate leading up to the post-Soviet period and examines case studies to assess how these buildings can be modernized to spare them from demolition and to continue to serve as a reliable low-cost housing option. Studying how other projects have addressed similar problems in their architecture, these findings will be synthesized to present a full but minimally invasive khrushchyovka retrofit prototype, with improvements that will culminate in a more energy efficient, sustainable, and comfortable living environment for residents. This prototype provides a standardized template of services and improvements to be made, and can be adjusted to include specific features that meet the needs of a certain climate or location. In the early 1960s during the Khrushchev administration, these housing blocks made from prefabricated insulated concrete panels were constructed all over the USSR to alleviate housing shortages. A lot of them have an in practice service life of 150 years, meaning that many are incredibly durable with millions of people still living in them today. With their small size (ranging from 323 to 646 ft² depending on the number of bedrooms), they continue to be a suitable housing choice for low income small families and young people (Aliashkevich 31). Amid the threat of demolition to make way for cheaply made luxury-priced condos, many residents in the former USSR contend that their beloved khrushchyovki should be preserved (Watson), as they still have the capacity to be renovated in the interest of energy efficiency, cost savings, and community comfort.

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2021-12