Seniors Living
Kinwell Seniors West Kelowna
115 active and independent living residences in West Kelowna, with over $6.8 million in savings and seven months taken out of the schedule.
- Residences
- 115 active and independent living
- Building permit
- In place
- Schedule
- 22 months reduced to 15
- Total value created
- Over $6.8 million
Kinwell Retirement Communities
A place to belong.
Kinwell is Live Well Development Group's family of wellness retirement communities, with over 1,400 residences planned across Western Canada in the next five years and Marwest Seniors Living as Lead Seniors Operator. Kinwell communities are designed for longevity of independence, through Healthy Living by Design™, the Wellness Pavilion, the Integrated Mobility Loop and lifelong learning, and are advanced in collaboration with First Nations partners. Optimum is the project leadership and execution company behind them.
Optimum was retained to provide pre-construction and construction management for Kinwell Seniors West Kelowna, a 115-residence active and independent living community in West Kelowna and one of the Kinwell Retirement Communities. The building has four levels of rental retirement residences, with an adjacent two-level, above-grade parkade. The grade changes significantly across the building footprint, side to side and front to back, giving the building seven floors across its full extent.
What we delivered for the project stakeholders
- Value engineering and cost savings. We analysed the existing drawings and found value engineering and alternative sequencing opportunities that significantly reduced carrying costs. Our pricing came in over $4 million below the industry average for similar build types in the Okanagan.
- Competitive budgeting. Our pricing came in below a hard tender budget the ownership group had prepared two years before engaging us.
- Optimized scheduling. By engaging trades with the capacity to meet predetermined resource curves, and sequencing for concurrent work, the project duration was reduced from 22 months to 15 months.
- Carrying cost reduction. The shorter schedule, concurrent work and trades able to hold our scheduling requirements reduced project carrying costs by $2.8 million.
Total savings and additional profit: over $4 million in hard cost savings through our buying power with reputable, well-resourced trades, plus $2.8 million in reduced carrying costs.