2005
Best Western International needed to evaluate what their space utilization options were after they completed an outsourcing initiative, which would result in a significant reduction in force. This reduction would free up office square footage at their 110,000 GSF Operations Center. But their growth was occurring at the 60,000 GSF Headquarters. These two sites were separated and transportation timing was impacting operations.
FM Solutions interviewed all department heads and prepared analysis of current space utilization and forecasted space occupancy requirements through 2008 to include an adjacency evaluation. A Facility Review was conducted for both of the sites to include walk-thru visual observations and review of available drawings and equipment documentation. Based upon the Facility Review that identified the current condition of the properties and evaluation of comparable sales of similar properties in the respective areas, an estimate of real estate value was developed. This was compared with current asset net book values and estimated replacement costs.
FM Solutions facilitated a series of workshops to include designated BWI Core Team members and BWI Executive Sponsors, which resulted in a series of Scenarios to be evaluated. FM Solutions then prepared project scopes, cost estimates, and implementation schedules for each of the Scenarios. The workshop participants used an evaluation matrix to prioritize the various options.
An executive summary was prepared and presented to the BWI Board of Directors that clearly defined realistic options with associated benefits, costs, and risks to allow for an informed decision,