Orr called me and told me to tell you...UBL!
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Official Construction Update Thread
- Thread starter Darth Snow
- Start date
Did she also tell you she liked your chest and shoulders?
I have a reel to reel, mutha ****a
OUBuff
American
Emailed RG about the latest renders.
He responding by they will be released to the public sometime in January. Says the design team is still fine tuning things, but once they are done the drawings will be shown to everyone.
Can't wait. The thing is really starting to take shape, and I am excited to see the design.
He responding by they will be released to the public sometime in January. Says the design team is still fine tuning things, but once they are done the drawings will be shown to everyone.
Can't wait. The thing is really starting to take shape, and I am excited to see the design.
I find it strange to start building and then finish the design.
That was always the plan. They've been focusing on the structural build. The final facade and decisions on some options was always slated to occur during the construction process. Same process as when building a new house, just on a much larger scale.
FLounder
Think Positive and life will be Positive.
fwiw, I do enjoy interior design.
That's the way Coors Field was built.
It is called a Design Build contract
The structural stuff and the outside dimensions get finalized prior to ground breaking, because they have to lay the foundations. After that though it goes through a series of iterations. Nothing drastic changes, but things do get altered especially the architectural details.
This is opposed to a Design Bid Build contract, where the design is created and finalized, then it goes out to bid, then it gets built. You can probably see where this option takes considerably longer to complete and is typically more expensive.
Design build is becoming increasingly popular as CAD and BIM software becomes more prevalent, it is easier to manipulate, and detect any coordination issues, making the design process not only faster, but enables the designer to work in concert with the construction firm in order to produce a successful end product.
Rule of thumb is 10ft/story from deck to deck. These look bigger. Maybe 12ft. Keep in mind that HVAC, electricity, and plumbing will all likely be in the ceiling, so what looks like 12ft - 14ft now, could be 10ft - 12ft finished.
FLounder
Think Positive and life will be Positive.
Didn't even think about that. Would have been cool to have 15ft ceilings, would have been ridiculously huge at the point.
Sent from my iPhone using Tapatalk
first real tangible piece of the IPF going in right now.
using the preliminary renders, the slab being poured right now just east of the stadium is the office boxes, circled in blue in the render.
using the preliminary renders, the slab being poured right now just east of the stadium is the office boxes, circled in blue in the render.
where are the new renders
we won't see them until mid January.
FrankRizzo
Active Member
http://www.buffzone.com/ci_27142535/cu-football-new-facilities-rise-so-does-cost
I don't think this is much of a surprise. I highly doubt CU will be making minimum payments the entire time, I guess Ringo doesn't. All comes down to Rick George's fundraising.
I don't think this is much of a surprise. I highly doubt CU will be making minimum payments the entire time, I guess Ringo doesn't. All comes down to Rick George's fundraising.
I read the article and thought it was Ringo just trying to grab headlines. The facilities costs didn't rise, this was the plan all along.
Re: minimum payments, with interest rates that low, there's a pretty good chance that it would actually be dumb to not make the minimum payments (assuming interest rates actually rise at some point in the life of those bonds, i.e. we're not looking at a Japanese style couple of lost decades with super low interest rates). So it pains me to say it, but Ringo is probably right on this one...
I'm also not sure why they would even issue callable bonds at all in the current interest rate environment, so it's even possible (and I would think likely, why pay ~20bps more if future rate changes are likely to benefit you?) that they actually can't pay them off early. Although they could set up a trust to pay the bonds, and once the trust is funded to a level necessary to repay the bonds they could say that the "debt is paid off" - even though technically it won't be.
Cliff notes version: What Ringo reported is technically accurate, but it was shaded in a way that makes CU look bad to the causal reader and /or demonstrates why sports reporters shouldn't try and cover financial stories.
It was the headline that was misleading and Ringo didn't choose the headline. The article was fair, just some douchebag editor wanting extra clicks attached a BS headline.
That's a consistent issue with the BDC in recent years.
some terrible renderings of the rooftop terrace (on the new building):
http://folsomfieldevents.com/rooftop-terrace/
http://folsomfieldevents.com/rooftop-terrace/
Terrible renders, awesome concept.
its no infinity pool, but they had to reserve something for the west side.