In the latest episode of the Build The Missing Middle Podcast, Adam Altobelli, president of GeoFocus Group, shares the nitty-gritty of managing troubled construction projects. And trust me, it's not all just bricks and mortar—it's also about the people, the money, and a bit of magic in balancing all the chaos. Whether you're into multifamily units or industrial/commercial/industrial (ICI) sectors, Adam's got some golden nuggets to share.

5 Tips for Construction Success. So, grab your hard hat, and let's hammer out these five tips for turning your construction woes into wins! 🛠️

1. Assemble Your A-Team

You know those movie scenes where the hero puts together a crack team for an impossible mission? That’s your construction project. Availability, the best personnel, and clear communication are your ABCs. Early engagement of a construction manager is like having your own Gandalf guiding you through the Mines of Moria—don't skip this step!

2. Design with Dollars in Mind

Balancing a developer's vision with what's actually doable is like trying to fit an elephant into a Mini Cooper. Efficient design isn't just a luxury—it's a necessity. Consider 3-story, wood-frame construction for missing middle projects and decentralized mechanical systems to make maintenance a breeze. Trust Adam; your future self will thank you.

3. Navigate the Market Maze

Ever felt like you're playing a game of SimCity but with real money? Understanding local municipalities, hot markets like St. Thomas and Niagara Falls, and the trends towards purpose-built rentals can turn the game in your favor. And don't forget the CMHC MLI Select program—financing has never been this user-friendly!

4. Contract Clarity

Different types of construction contracts (CCDC 2, CCDC 5A, CCDC 5B) are like different flavors of ice cream—each suited for a specific palate (or project). Like-mindedness in team building and transparent processes can mean the difference between a successful project and one that leaves a sour taste in everyone's mouth.

5. Holistic Approach to Success

Imagine trying to build a skyscraper with a single blueprint page—it’s not happening. A holistic approach, considering everything from site selection to post-construction, is crucial. Adam’s advice? Think big picture but don’t overlook the details. Your project is an orchestra, and you’re the conductor.

Ready to take your construction project from a headache to a highlight reel? With Adam Altobelli’s insights, you're well on your way to building success, one brick at a time!

Adam Altobelli Links:

Website: www.thegeofocusgroup.com

LinkedIn: https://www.linkedin.com/in/adamaltobelli/?originalSubdomain=ca

Instagram: thegeofocusgroup