In this project, we provided comprehensive services as the project manager, from site acquisition, selection of designers and construction companies, to tenant attraction.
Client's request
In order to diversify its revenue, Keio Corporation participated in a bidding process for a redevelopment project of the former Japanese National Railways yard, which was spread out on the east side of JR Shinagawa Station, and made a business decision to construct an office building. However, since the acquisition of the site is a bidding process, there is a possibility that the acquisition cost will increase. In this situation, in order to secure a certain yield, it is essential to reduce the construction cost and improve the profitability of the building itself. It was in search of such know-how that the company came to us for consultation.
Index's Solution
By adopting a technical review limit bidding method that maximizes technical capabilities at a reasonable cost while maintaining fairness and transparency among design firms and construction companies, we were able to reduce the construction cost by approximately 1 billion yen. In addition, in order to increase the revenue of the office building, we devised the layout of the entrance, etc., and greatly improved the rental floor area to the standard floor area (standard floor effective ratio) from 67% to 80%.
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