Concrete hi-rise building costs cut by 30%


Wednesday, June 8th, 2005

New technology key to saving time and money

Ashley Ford
Province

Using a new construction technique, International Hi-Tech Industries Inc. is developing the three-tower Optima residential complex in Surrey, shown in this artist’s photo rendering.

Build it quickly and build it cheaply!

Given the searing temperature of the current construction market, both in price and activity, across the Lower Mainland, it might be said International Hi-Tech Industries Inc. is attempting the impossible.

But the Delta-based company is taking a revolutionary, high-tech approach to its three-tower Optima residential development in the heart of Surrey, pledging it will cut the cost of construction by 30 per cent.

It is believed to be the first application of the technology in B.C. for a highrise project.

The first phase of the complex, a 21-storey, 78-suite tower will cost an average $250 per square foot to build, compared with $300 for conventional concrete highrises now selling in Surrey, says company president Roger Rached.

The benefits for potential buyers are a state-of-the-art, better building for a more reasonable price than conventional concrete high-rises, he says.

So what’s the big secret?

For starters, IHI is both manufacturer and developer and it’s the technology that holds the key. Using advanced, pre-manufactured customized panels built at its Delta plant, construction of the project is expected to save at least 10,000 hours of work.

IHI has pioneered the technology using insulated, high-strength concrete and steel panels that are shipped to the building site for immediate erection. It utilizes computer technology to incorporate electrical and mechanical systems into the panels, further trimming construction costs.

It says the technology is earthquake, tornado and blast resistant as well as being energy-efficient and high-fire resistant.

The complex has been designed by Omar Take, who is also project manager. He is a senior architect with Tange & Associates of Japan. Selling prices have not yet been set.

Phase 1 of construction will begin this September and take roughly nine months to complete. Marketing starts at the end of June.

The overall project is expected to take half the time it would for construction of a conventional concrete complex.

The other two towers will contain 66 and 65 units respectively. There are only four residences per floor, ranging in size from 624 square feet to 1,173 square feet.

© The Vancouver Province 2005



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