How Corigin Real Estate used Buildup to cut their punchlist time in half
This case study can also be found featured in an article from MarketWatch.
Background:
Corigin is a privately held holding company specializing in real estate (Corigin Real Estate) and venture capital (Corigin Ventures) based in Manhattan. Corigin recently completed construction at 20 East End in New York City’s Upper East Side. The building includes 41 condominium residences including townhomes and two penthouses. Buildup was used for the project’s punchlist process and will also be incorporated throughout the turnover to homeowners when they’re ready to move in and occupy the residences.
Challenge:
Before implementing Buildup, Corigin’s standard punchlist process was tedious and time consuming. Steve Schroeder, a Project Manager for Corigin, oversaw this process. Tasks were written by hand while walking on site. After returning to his office, Steve would organize punchlist tasks in a spreadsheet based on his site visit notes. Each task to be completed would be discussed during meetings with subcontractors in person to further elaborate on details including the location of tasks as well as priority.
Over time, subs requested this process to be collaborative so they could provide comments and timely updates. This posed a challenge, as it was difficult to track changes made by subs without any type of specialized software. They also weren’t able to associate the task with exact location or view photos to see the condition of the task.
Solution:
With Buildup, Steve created and assigned all tasks during his inspection while still on site. Subcontractors were immediately notified of tasks and automatically reminded when tasks were overdue via a daily summary email. The tasks had more detail including photos with markups, the associated location on a floorplan, and a due date. For the first time, subcontractors easily communicated timely status updates without requiring in-person meetings. With the automated translation feature they could also respond in their preferred language.
Results:
With Buildup, the time required to complete the punchlist process was cut by 50%. All tasks were automatically documented, and all data could be downloaded for the project’s historic records.
Buildup will also be utilized for turnover to homeowners after the sale of the property. The homeowner will receive all data in a spreadsheet showing that all final tasks have been completed.
Quote:
“With Buildup, the time required to complete the punch list process was cut by 50%. All tasks were automatically documented, and all data could be downloaded for the project’s historic records.” – Steve Schroeder, Project Manager, Corigin Real Estate
