Client:
Residential Strata Corporation
2009
- Size: 29,372 sq ft
- Number of Suites: 39
- Constructed originally as a rental building in the mid-1960s and converted to a strata corporation in 1985.
- The owners were planning for replacement of the windows and required a baseline of financial data in order to establish priorities across all the systems of the building.
- The owners were provided with a detailed inventory of the common property assets, including estimated remaining service lives and replacement costs.
- The reserve study data included a series of funding models to test the impact of different renewal project scenarios.
- Energy payback calculations were developed for window renewal.
- The owners developed a strategy for phased asset renewal projects.
- The strata council called a special general meeting of the owners to raise funds for elevator modernization and window retrofit.
David Albrice
Christian Molholm
Graham Finch
Matt Branch
