By Deborah Hoffman
It seems that everybody loves gyms. Tenants love having them in their apartment buildings because on-site, they are a convenient place to work out while watching your favorite show on usually one of the many TVs available to distract and entertain. Owners and Property Managers love gyms because during pre-leasing, they help seal the deal and increase the cap rate of the building.
There’s a lot that goes on behind the scenes to bring this attractive amenity to market. Knowing the needs of the prospective customers and timing are both important. Knowing the moving parts and Project Management challenges – like wiring infrastructure (Owner and Provider side) and Contractor logistics – are the details that lead to success.
Meeting with the Client and the selected Fitness Vendor is key to understanding the necessary equipment requirements and is the first step to a successful installation. At RealtyCom, we support the Owner in reviewing the various interlocking scopes/logistics required by Audiovisual (AV), Internet Technology (IT), and Low Voltage (LV) Subcontractors. Here’s how it breaks down:
Assessing needs. Today’s gym is aspirational. It’s equipped with multiple treadmills, ellipticals, bikes, and stepmills equipped with screens with pre-programmed and even live routines; some, if not […]