VERTEX served as the surety’s completion contractor and consultant for the completion of a $27.75M, 6-story luxury mid-rise apartment building and 5-story precast parking structure in Sandy Springs, Georgia. Formerly known as One City Walk, but rebranded as Square One, the wood-framed building was constructed on a podium slab, and includes 203 luxury apartment homes, 8,000 square feet of street-front retail space, an expansive amenity deck (including rooftop pool), fitness center, dog park, and other amenities. A high-profile project, which was described by the Sandy Springs Mayor Rusty Paul as “[capturing] the essence of what [the City hopes] to accomplish with revitalizing the Roswell Road Corridor and developing our City Center,” VERTEX quickly mobilized a team to the project following the default of the original contractor. The project was commenced immediately, with VERTEX ratifying subcontractors, identifying scope gaps and long-lead buyout items and creating a baseline schedule within two weeks. VERTEX subsequently completed all required submittals and managed the work to bring the project to a timely completion while resolving patent and latent defects. Following occupancy and substantial completion, VERTEX managed the warranty program through the expiration of the warranty period. VERTEX also analyzed claims prepared by the Owner and assembled counterclaims, achieving a favorable settlement for the surety, in addition to assisting the surety in resolving subcontractor claims against the principal.
“I have worked with many consulting firms over the years and finding one that provides the level of skill and expertise that VERTEX provided on this project is rare. Not only did VERTEX supply a great amount of technical expertise, but they also did a tremendous job at building relationships with the various parties, all while being mindful of the surety’s need to fulfill its obligations under the bond and the surety’s expenses. VERTEX is excellent at what they do, and I look forward to working with them again as soon as the opportunity arises.”
– Surety Claims Manager