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Old Posted Mar 17, 2014, 6:08 PM
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http://www.marketwatch.com/story/gfi...k=MW_news_stmp

GFI Development Company Adopts Submittal Exchange on Iconic Five Beekman Street Project
Design and Construction Streamlined on Historic Landmark Hotel in NYC.



March 17, 2014


Quote:
.....GFI Development Company is using both of Textura's Submittal Exchange web-based collaboration solutions on the Five Beekman Street project. Submittal Exchange for Design improves efficiency and communication during the design phase of a project. Submittal Exchange for Construction allows project teams to electronically exchange, review and archive construction submittals, RFI's and other communications on the construction phases of a project. With these solutions GFI Development Company is able to streamline the management of documents and communications to eliminate frustrations, delays and unexpected costs.

GFI Development Company and GB Lodging, LLC are converting the notable Five Beekman Street building into a luxury hotel consisting of approximately 287 guest rooms and over 68 residential units that will be operated by Commune Hotels. The historic structure together with an adjacent site on Nassau Street will total approximately 340,000 square feet, including a 46-story tower.

"We are very pleased that GFI Development Company has selected Submittal Exchange for their impressive renovation project," said Patrick Allin, Chairman and Chief Executive Office, Textura Corporation. "Using Submittal Exchange will help the project move seamlessly through design and successful construction to produce a stunning historic renovation the city will treasure."
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