In Metro Vancouver, housing starts are on the rise and the city is hitting record construction costs across the country. In addition, the recently imposed steel tariffs and unceasing trade war are impacting the rising cost of construction on all fronts.
UDI's newest morning session will be moderated by Omicron Development's CEO, Bill Tucker, who will delve into the core issues of building in these challenging residential, commercial and industrial markets. He will be joined by Dan Turner of PCI Developments, Jeff Thompson of Ledcor and Christopher Mullins of Altus Group who will also discuss the Building Construction Price Indexes.
What are the alternatives to designing and constructing smarter, more cost effective and efficient residential and commercial buildings? The panel will address how members can prepare for these constant changes of hard and soft construction costs including price increases of materials, access to labour and navigating trades in a competitive marketplace.
What does this mean for future projects, when will it all end, and who will be left standing - our panel will work to answer these questions.
Christopher Mullins, Senior Director, Cost & Project Management, Altus Group
Jeff Thompson, Vice President Business Development, Ledcor
CHRISTOPER MULLINS - Senior Director, Cost & Project Management, ALTUS GROUP Christopher is the Senior Director of Altus Group’s Vancouver Cost & Project Management team. Over the past 20+ years, he built his career in commercial real estate working on behalf of clients to develop successful project strategies in dynamic markets like New York, London and Vancouver. With this experience, he provides a unique perspective on the impacts of global market changes as well as the benefits and pitfalls of local market conditions and operations. His client base in Canada and abroad relies on his independent advisory on construction costs, procurement and risk to maximize value for money and return on investment.
BILL TUCKER - CEO, OMICRON CANADA Bill Tucker is CEO of Omicron Canada Inc., a privately owned, 140-person integrated real estate development, architecture, engineering, interior design and construction firm with offices in Vancouver, Victoria and Calgary. Bill is responsible for all aspects of business operations through his team of real estate, design and construction professionals. Bill joined Omicron as a Principal in 2000, became the Managing Partner in 2006 and, as part of the company's corporate restructuring, was appointed CEO in 2010. Over the past 18 years, Bill has led the growth and evolution of the company from an architecture and engineering firm, to a fully integrated firm providing complete turnkey design-build, full cycle development and strategic consulting services. Omicron has since completed hundreds of ground up, renovation and repositioning projects.
In addition to driving the growth and development of the business, Bill has maintained a commitment to the community, raising over $1.5 million for BC Children's hospital, $500,000 for the United Way, served as President of NAIOP, spearheaded numerous community fundraising initiatives and has volunteered countless hours coaching youth community sports teams. Currently, Bill serves on the Education Committee of the Urban Development Institute.
DAN TURNER - Executive Vice President & Partner, PCI DEVELOPMENTS Dan is responsible for PCI's acquisition strategies and project leasing. His creativity unveils unseen opportunities for PCI. With his extensive business relationships and vision, Dan leads PCI's deal-making process. Dan is the Vice Chair at Large of the Urban Development Institute (UDI), as well as an active participant in other industry associations such as NAIOP and ICSC. Dan enjoys the outdoors, is an avid sports enthusiast and enjoys spending time with his family.
Education Bachelor of Arts in Biology and Physical & Health Education, Queen's University.