Thursday, August 3, 2017
BYO Lunch (brown-bag lunch)
Free AIA Members / $3 Guests
1.5 CES LUs
The discussion will describe the process of a development deal from the perspective of an architect as developer. It will review the aspects that are particular to this arrangement, including advantages and disadvantages, opportunities and constraints and financial and construction components.
The role of the architect developer is unique, and differs from that of an individual that is one or the other. It presents unique challenges. It has its specific advantages and disadvantages, including financial and artistic, risk, reward, and opportunity. Ultimately, the architect developer falls along a spectrum, with each leaning toward one end, in a distinctive composition of development and architecture that works best for that individual.
Project qualities will be examined through the lens of a current project that is currently under construction. The process to date will be the primary focus, and will include the narrative from initial conception through construction.
About the Presenter:
Lida Sarvi founded ROBABEH in 2013. Her work focuses on making the most of every opportunity – design can bring quality to any situation, no matter the scale or budget. She believes that design should be built and experienced. Lida’s interest in architecture began in Tehran where she was born. She studied design in Dubai and worked on several built projects.. Her desire to explore and expand brought her to San Francisco, where she completed her Master‘s studies in Architecture.
After completing this program, attendees will…
- Be introduced to the concept of architect as developer and its advantages and disadvantages.
- Be able to identify the project opportunities and constraints that are presented by city requirements, marketability and design process.
- Identify the financial components of a real estate deal including investors, partnership, investment, sweat equity and financing.
- Become aware of the construction and cost concerns regarding contractors bid, the low-bid and operator value add.