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    Comedero RL Prelim Assignment 4

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    qrlmcomedero
    This document provides suggestions for enhancing the value of three property case studies: 360 State Street apartment building in New Haven, Connecticut; the Wauregan Hotel in Norwich, Connecticut; and The Octagon apartment building on Roosevelt Island in New York City. For 360 State Street, suggestions include enhancing the pedestrian experience, increasing local businesses, and establishing a marketing plan. For the Wauregan Hotel, suggestions are to modernize the interior, increase tourism, and add a conference center. For The Octagon, suggestions are to revitalize the shopping area, enhance public spaces, and increase accessibility via public transit improvements.

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    Comedero RL Prelim Assignment 4

    Uploaded by

    qrlmcomedero
    3 views1 page
    This document provides suggestions for enhancing the value of three property case studies: 360 State Street apartment building in New Haven, Connecticut; the Wauregan Hotel in Norwich, Connecticut; and The Octagon apartment building on Roosevelt Island in New York City. For 360 State Street, suggestions include enhancing the pedestrian experience, increasing local businesses, and establishing a marketing plan. For the Wauregan Hotel, suggestions are to modernize the interior, increase tourism, and add a conference center. For The Octagon, suggestions are to revitalize the shopping area, enhance public spaces, and increase accessibility via public transit improvements.

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    Essay about enhancing the value of a property.

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    COMEDERO_RL_PRELIM_ASSIGNMENT_4

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    This document provides suggestions for enhancing the value of three property case studies: 360 State Street apartment building in New Haven, Connecticut; the Wauregan Hotel in Norwich, Connecticut; and The Octagon apartment building on Roosevelt Island in New York City. For 360 State Street, suggestions include enhancing the pedestrian experience, increasing local businesses, and establishing a marketing plan. For the Wauregan Hotel, suggestions are to modernize the interior, increase tourism, and add a conference center. For The Octagon, suggestions are to revitalize the shopping area, enhance public spaces, and increase accessibility via public transit improvements.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    3 views1 page

    Comedero RL Prelim Assignment 4

    Uploaded by

    qrlmcomedero
    This document provides suggestions for enhancing the value of three property case studies: 360 State Street apartment building in New Haven, Connecticut; the Wauregan Hotel in Norwich, Connecticut; and The Octagon apartment building on Roosevelt Island in New York City. For 360 State Street, suggestions include enhancing the pedestrian experience, increasing local businesses, and establishing a marketing plan. For the Wauregan Hotel, suggestions are to modernize the interior, increase tourism, and add a conference center. For The Octagon, suggestions are to revitalize the shopping area, enhance public spaces, and increase accessibility via public transit improvements.

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    © All Rights Reserved
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    of 1

    COMEDERO, RACHELLE LUZ M.

    ARCH51S9

    ASSIGNMENT#4

    Here are some suggestions that I have imagine for enhancing the value of each of the three property case
    studies:
    360 State Street is a 32-story, 500-unit apartment building in New Haven, Connecticut. It is the first residential
    building in Connecticut to achieve LEED Platinum certification, the highest level of the Leadership in Energy and
    Environmental Design (LEED) rating system. The building features a number of green design elements, including
    a green roof, high-efficiency lighting, and a on-site fuel cell. To add value on this case study I suggest to:

    • Enhance the experience for pedestrians. The property currently has good access to public transportation,
    but by constructing more crosswalks, enlarging the walkways, and enhancing the landscaping, it might
    be made even more pedestrian friendly.
    • Increase the number of businesses that come to this place. By providing incentives such as rent discounts
    or tax benefits, the development might attract more firms. It could also enhance the atmosphere by
    organizing events and festivals.
    • Establish a marketing plan. To draw potential customers and businesses to the development, efficient
    marketing is necessary. Making a website, starting marketing campaigns, and attending trade shows
    might all be necessary for this.
    The Wauregan Hotel is a 125-room hotel in Norwich, Connecticut. It was built in 1874 and was renovated in 2010
    to meet LEED Gold standards. The hotel features a number of green design elements, including energy-efficient
    lighting, water-saving fixtures, and recycled materials. To add value on this case study I suggest to:

    • Modernize the hotel. The hotel need work to modernize its interior and increase its energy efficiency.
    Although it might be a big task, it would be worthwhile in the long term.
    • Increase the number of tourists. By collaborating with local companies and attractions, the hotel could
    attract more tourists. It may also provide unique bundles and savings.
    • Make a conference center. A conference center would be a significant addition to the hotel, attracting
    business tourists and generating money.
    The Octagon is a 10-story, 180-unit apartment building on Roosevelt Island in New York City. It was built in 2009
    and is the first residential building in New York City to achieve LEED Platinum certification. The building features
    a number of green design elements, including a green roof, high-efficiency lighting, and a rainwater harvesting
    system. To add value on this case study I suggest to:

    • Revitalize the shopping area. The Octagon's shop space is not used to its full potential. The property's
    owners might rehabilitate it by renting it to fresh enterprises or by turning it into apartments or offices.
    • Enhance public areas. The Octagon's public spaces are similarly underutilized. More seats, landscaping,
    and amenities could be added by the owners to improve them.
    • Increase the accessibility of the Octagon. The Octagon is difficult to reach by public transit. The owners
    could improve accessibility by constructing a new pedestrian bridge or providing shuttle service.
    These are just a few suggestions for enhancing the value of these three property case studies. The most
    successful tactics would differ depending on the individual property and its location. However, with some careful
    planning and investment, all these properties have the potential to be great assets.

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