Spire provided cost estimating services for the $295 million W Hotel & Residences in Austin, Texas. The 1,100,000 square foot hotel includes 251 hotel rooms, 175 condominiums, a new Austin City Limits Music Venue, Children’s Museum, office space, retail space and an extensive below-grade parking garage.
Spire’s scope of work included performing quantity take-offs and pricing analysis during the conceptual, design development and bid development stages for a major subcontractor. Spire assisted its client in developing and preparing a Basis of Estimate for each of the design stages. The Basis of Estimate included a detailed breakdown of the labor, materials and unit prices of the bid estimate with accompanying assumptions, qualifications, contingency and general notes. Spire’s Basis of Estimate was successfully used to secure the project for its client.