Howard Colburn

Construction Management

 

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March 1988 to June 1988

 

DEVELOPER: LAMONT FINANCIAL, SAN DIEGO, CALIFORNIA AND CHICAGO, ILLINOIS

 

PROJECT: IVEY RANCH, OCEANSIDE, CALIFORNIA

(1500-ACRE MASTER PLANNED RESIDENTIAL AND COMMERCIAL SUBDIVISION DEVELOPMENT)

 

This project had stalled in construction and the developer was having little success in protecting the constructed improvements from the elements while finishing the project. The portions of the project that would generate sufficient capital to complete it were stagnating, halting the entire project at a tremendous expense to our client.

 

I immediately took to task completing the most critical elements (those delaying developed lot sales) of the project while scheduling and preparing the remainder of the project for completion.

 

After the dismissal of the existing management staff, I provided hands on daily management of the critical elements of the project to get it back on track within 90 days. The time required to get the project back on schedule was jointly utilized to organize the remainder of the project for completion. This time frame was adequate to organize the elements necessary to allow completion by a subordinate manager with minimal support.

 

The actual dollar impact of my contribution to the project was never calculated.  However, the developer was perilously close to bankruptcy before the intervention of professional management I provided.

 

A major contribution on my part was convincing the agency and public utilities that the person managing the project was experienced in construction and administration of such developments. This assurance provided the impetus for a new relationship with the public entities and renewed trust in the developer