CONCEPT TO COMPLETION FOUNDATION’S FORUM ‘17

SUCCESSFUL RESTAURANT OPENING CONCEPT TO COMPLETION DESIGN ARCHITECTURE CONSTRUCTION GENERAL CONTRACTOR SUCCESSFUL RESTAURANT OPENING

OPEN KITCHENS Stimulating. Serviceable. Entertainment. Transparency. CONCEPT TO COMPLETION OPEN KITCHENS Stimulating. Serviceable. Entertainment. Transparency. Courtesy of: Paul Martin Grille, Dallas, TX

MODERN INDUSTRIAL Wood Beams. Mixed Wood Furniture. Brick. Raw Metals. CONCEPT TO COMPLETION MODERN INDUSTRIAL Wood Beams. Mixed Wood Furniture. Brick. Raw Metals. Courtesy of: Paul Martin Grille, Dallas, TX

COMFORTABLE MATERIALS. CONCEPT TO COMPLETION CONTEMPORARY NATURAL PALLETTES. COMMUNAL TABLES. COMFORTABLE MATERIALS. WOODS. LYFE Kitchen, Memphis, TN., Courtesy HBG Design

“By 2020, the U.S. will be home to 200 food halls”. CONCEPT TO COMPLETION FOOD HALLS “By 2020, the U.S. will be home to 200 food halls”. According to Cushman Wakefield’s 2016 Food Halls of America report.

“Once you seen one Chuy’s, you seen one Chuy’s.” CONCEPT TO COMPLETION NON PROTOTYPICAL “Once you seen one Chuy’s, you seen one Chuy’s.” Steve Hislop, CEO

3D Architectural Rendering. CONCEPT TO COMPLETION 3D MODELING 3D Architectural Rendering. 3D Animation. Virtual Reality.

CONCEPT TO COMPLETION How the Customer explained it How the Construction manager understood it How the Architect designed it What the customer really needed How the GC built it!

The Cost to Build your Restaurant CONCEPT TO COMPLETION The Cost to Build your Restaurant

CONCEPT TO COMPLETION Traditional: Design /Bid / Build Design /Partner/ Build Design Build Owner Owner Owner Architect GC GC GC Architect GC Partner Design Builder Design Consultants Subcontractors Design Consultants Subcontractors Consultants Subcontractors

CONCEPT TO COMPLETION

Metric CONCEPT TO COMPLETION Design -Build vs. Design-Bid-Build Unit Cost 6.1 % lower Construction Speed 12 % faster Delivery Speed (Design-Construction) 33.5 % faster Project Cost 5.2 % lower Source: Construction Industry Institute (CII) / Penn State research comprising 351 projects from 5 K to 2.5 M square feet. The study includes varied project types and sectors.

CONCEPT TO COMPLETION

CONCEPT TO COMPLETION Designed to a Budget Continuous Cost Data Test Design/Builder GC + Architect Consultants & Key Subs Key Subcontractors Designed to a Budget Continuous Cost Data Rapid Estimation Upfront Value Engineering

CONCEPT TO COMPLETION Traditional Design-Build Cost Established Schematic Design Design Development Construction Documents Owner Review Comments Permitting Bidding Value Engineering Construction 1 Month 1 Month 3 Months 1 Month 2 Months 1 Month 1 Month 4 Months Start to Completion Total 14 Months Cost Established Design-Build Schematic Design Design Development Construction Documents Permitting Bidding Construction 1 Month 1 Month 3 Months 2 Months 4 Months 4 Months Savings Revenue $______/mo = $ _____ Start to Completion Total 10 Months

CONCEPT TO COMPLETION CHUY’S CASE STUDY : Case: Private Equity thru IPO (2007-Present) Key Needs: Sales Weeks for IPO Expedited Schedules Turnover on Time On Budget Small Internal Construction Team DATA: Locations: 78 Schedule: Ave Ground Up 87 days vs. 120 days for bid-build customers Turnover on Time: 97% (76/78) Cost: Designed & Built to Budget Services: Preconstruction SIR’s Development Schedules Architecture Vendor Coordination Permitting Construction

CONCEPT TO COMPLETION How the Customer explained it How the Construction Manager understood it How the Architect designed it How the GC Built the Project What the customer really needed

CONCEPT TO COMPLETION CONCEPT TO COMPLETION FOUNDATION’S FORUM ‘17