As the headlines continue to rock an already stressed construction industry, the COVID-19 pandemic will continue to cause further impacts, varying in both type and magnitude, on active project sites, both immediately and for the months to come. Over the last few decades, the modern construction industry is accustomed to, and relatively resilient to, project-specific impacts (excluding the late 2000s financial crisis). However, the construction industry is not accustomed to, and appears in no way prepared, to absorb a blow like a worldwide pandemic of the magnitude being projected with COVID-19.
This online session, presented by Michael Collins and Andrew Coats, explored the topics of project suspensions and re-starts, contract notices, labor and material issues and impacts to project schedule.
Andrew Coats has over twenty years of development, design and construction, and real estate finance experience, across the U.S., Europe and the Middle East. Project experience includes commercial office, multi-family residential, luxury residential, industrial, hospitality, retail, institutional and co-living. He serves as Vice President with J.S. Held LLC.
Michael Collins leads the Owner Representation Practice and serves as Senior Vice President at J.S. Held LLC. His expertise includes projects valued over $5B covering 40M square feet on facilities ranging from mixed use developments, multi-family, student housing, commercial office, performing arts, retail, healthcare, K-12 and higher educational engagements.
Michael and Andrew have supported owners in the delivery of capital improvement projects and advocates for their interests in program and project management, owner’s representation, due diligence, financing support, architect and contractor selection and project management. Michael leads a team of experienced professionals who collaborate and focus on the needs and goals of the Owner and the successful completion of their projects.
ULI Cincinnati thanks J.S. Held for their support and the opportunity to offer this information to members and non-members.
Members are able to view a replay of the webinar on Knowledge Finder.
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