Introduction

In the ever-evolving landscape of commercial real estate, achieving profitability requires a strategic, collaborative, and meticulous approach. As uncertainties loom and market conditions fluctuate, it is crucial for all stakeholders—specifically, developers, architects, interior designers, and general contractors—to synergize their efforts from the project’s inception to its completion. This white paper examines the essential components needed to make a commercial real estate project profitable, specifically through the lens of Studio 10 Interior Design, an award-winning, boutique design firm based in Denver, CO, with projects nationwide. By leveraging Studio 10’s comprehensive 10-step Proven Process, we demonstrate how early involvement, collaboration, and structured project management can significantly enhance project outcomes and financial performance.

 

Importance of Early Involvement in the Planning Process

Engaging interior designers early in the planning process is critical. This proactive involvement ensures that design aspirations align with budget constraints and that all stakeholders have a shared understanding of the project’s goals, opportunities, and objectives.

“We make sure to collaborate in the early stages with all consultants- especially the Client- to ensure not only design wishes are being fulfilled, but that they are also being done within budget. It is imperative to interact with developers from the get to ensure the project’s success is felt throughout the entire organization.” – Emily Hansen, Studio 10 Vice President of Design Operations

 

Collaboration with Branding, Architects, and General Contractors

Successful commercial real estate projects rely on the seamless collaboration between branding experts, architects, and general contractors from the beginning. This integrated approach ensures that the project’s vision is consistently maintained, leading to innovative solutions, cost savings, and a cohesive final product that stands out in the market.

“What kind of interested me about what they do is the size of the firm, and understanding the kind of attention they can give us. We as developers’ kind of need a lot of attention.” – Lane Cutter, Senior Managing Director – Colorado, Legacy Partners

The 10-Step Process and Its Benefits

Studio 10’s – Proven 10 Step Process – integrates every facet of a project from concept to completion, ensuring that each stage is meticulously planned and executed. This structured approach ensures meticulous planning and execution, resulting in a high-quality outcome that aligns with both aesthetic and financial goals, while mitigating risks.

• Research
  • Extensive research on competitive properties to determine differentiators 
• Concept Story
  • Develop the projects unique Story & the “why”
• Schematic Design
  • Architectural plan review, final floorplans, and presentation by area
• Design Development
  • Here, you can view the finalized design, which includes 70% construction drawings and a comprehensive presentation featuring detailed renderings
• Construction Documents
  • Final set of coordinated documents for permit and construction
• Construction Administration
  • Ensuring the design is implementation through shop drawings and site walks during construction
• Decorative Lighting – FF&E + Art + Accessories
  • All the details to pull together the final curated environment 
• Procurement
  • Decorative Lighting + FF&E + Art + Accessories ordered, received, inspected, and warehoused
• Install
  • Final Turnkey Install, and Merchandising of all FF&E
• Post Occupancy Evaluation
  • Punch-walk and lessons learned

“You are handing the baton off to somebody who can help you achieve your vision – and do it better, for me, a no-brainer. I wouldn’t do another project without partnering with Studio 10. To see the same pictures on the wall where they were depicted, two years ago is really astounding to me.” – Bryant Winslow, President, WCS Capital Group

Impact on Profitability

The 10-Step Proven Process impacts profitability by reducing risks, minimizing delays, and controlling costs. Early planning and continuous collaboration ensure potential issues are identified and addressed promptly, avoiding costly mistakes and rework. This approach enhances the bottom line and ensures a high-quality, financially successful project.

The Studio 10 Difference

Studio 10’s unique approach and consistent team structure significantly contribute to the success and profitability of projects. The personalized attention and specialized skill set of each team member ensure that every project is handled with the utmost care, efficiency, accuracy, and expertise. This approach avoids miscommunication across different departments and emphasizes the importance of one team from the initial consultation to the final walk-through.

“When you walk a Studio 10 project, you’ll know by how connected and fluid the spaces feel with one another. That is the benefit and beauty of working with a personalized team, from start to finish.” Emily Hansen, Studio 10 Vice President of Design Operations

Conclusion

Achieving profitability in today’s commercial real estate market requires strategic, early involvement, seamless collaboration, and a meticulous approach. Studio 10’s commitment to these principals’ seamless collaboration, and a structured 10-step process ensures that every project Studio 10 commits to is successful and profitable.

By engaging with developers early, fostering collaboration among all stakeholders, and adhering to a detailed process, Studio 10 consistently delivers projects that exceed expectations and achieve financial success. Studio 10’s proven approach not only enhances the project’s bottom line but also creates spaces that are functional, aesthetically pleasing, and built to last.