Virtual Building project?
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Has anyone ever heard of or worked on a "virtual building project?"
A client gave me this description: "Create buildings that are ready for development and marketed nationally. A suitable site is located and a site plan is prepared for the proposed building. The actual building is not constructed, but the plans for the shell industrial building are drawn and processed for entitlements and approvals with local governmental agencies. Once a company has been identified, the construction is rapidly commenced and the building is completed to the company's specifications."
It seems like a pretty straight-forward architecture/site planning project for a build-to-suit client, but I want to make sure there's not something I'm missing. I've never heard the term "virtual" applied this way. I'd appreciate any feedback from people who are familiar with the process.
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Sounds like a speculative project ("Spec") - develop everything you need (entitlements, zoning requirements, civil/architectural/structural/etc. engineering) prior to turning a spade of dirt, then try and sell it to someone who'll actually fund the final development and construction. Nice work if you can get it!
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Thank you, Alan. That's what I was thinking, and after searching "virtual spec building" I found lots of examples and information. Thanks.
Wyatt
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