Value
Conditions delivered
Delivered
New Office and Showroom Development
Wakemans were appointed by Frontier Development Capital on this project as Fund Monitor. Wakemans prepared an initial feasibility report which examined all aspects of the development pertinent to the Funder to enable credit approval. Typically, this included review of the Developer Appraisal including scrutiny of construction costs, the development team, planning, procurement, programme, rite constraints and Risk Register.
The project involved the demolition of Sandvik’s existing offices and the construction of new high-quality offices and showroom.
Our role as Fund Monitor also involved cost, quality and time monitoring throughout the project to protect the interests of the project investors, involving regular site visits and liaison with the Developer Stoford and their Cost Consultant.
The project included S278 works to a major A road that runs along the front of the offices and BREEAM Very Good certification and a segment of the site was further developed by Spitfire for residential use.
Wakemans role
Fund / Bank Monitoring Surveyor