New York, NY (PRWEB) October 30, 2007
Inspection & Valuation International, Inc. (IVI) was retained on behalf of the construction lender to be its consultant on the development of Trump International Hotel and Tower, located in downtown Chicago, Illinois.
The Trump Organization is developing the project with Skidmore Owings & Merrill, engaged as the architect, and Bovis Lend Lease as the construction manager. The 96-story, 2,600,000 SFG mixed-use tower will include 472 super luxury residential condominium units and 286 5-star hotel guestrooms. Construction is expected to be completed in 2009. Upon completion, it will be the second tallest building in Chicago behind the Sears tower.
On behalf of the construction lender, IVI is providing project management oversight services consisting of construction cost control; reviewing contract drawings and specifications; and the reviewing of construction and building loan documents, schedules, permits and approvals. IVI is also providing payment requisition disbursement control services and ensuring general compliance of construction with the project documents.
Since 1973, IVI has been the first destination for institutional and private mortgagees, and equity investors seeking construction consulting/real estate development advisory services. Offices are located in New York, Miami, Washington DC, Chicago and Los Angeles, with affiliate offices in London and Paris.
Inspection & Valuation International, Inc.
55 Red Oak Lane
White Plains, NY 10604 October 26, 2007
# # #