Innovation Project Development is a multi-disciplined project development management services company capable of providing consulting advice or total development oversight.

About IPD

Innovation Project Development can provide project scope descriptions and site concepts, analyze proposed building plans and schedules for lender and investor’s due diligence, and model and plan optimum sizing for maximum revenue. We can manage the work of design and construction firms to help owners and other stakeholders make good gaming industry decisions and to get projects open and operating with tight adherence to schedules and budget. Working with us, you are assured of thorough, experienced, trustworthy advice, reporting and representation.

Feasibility & Pre-Construction

It begins with a great notion. It may be an idea to add a hotel, expand a casino or to build an entirely new development where nothing exists. This incubatory stage is the right time to call upon Innovation Project Development.

 

Work begins with the study of the project’s feasibility to determine if the idea can generate enough activity to generate a profit. If it gets the green light, IPD can then develop a program that helps the owner understand the scope and the order of magnitude cost. From there, building plans need to be created that incorporate all components of the project. Site plans must be mapped out to determine how each element fits the property and facilitates access for vehicles, pedestrians, employees, deliveries and the like. Amenities need to be evaluated for their feasibility, too, and integrated into the plan in ways that logistically make the most sense. Budgeting processes must be initiated to make certain that the vision that began the process is achieved. Functioning as an owner’s representative, Innovation Project Development begins here to manage your project every step of the way.

Lender’s Consulting & Investment Analysis

As an independent source of objective information and analysis, Innovation Project Development analyses and monitors relevant aspects of proposed and in-process developments to minimize risk and maximize return for lending and investment clients in the gaming and high-end hospitality domains.

 

We provide dependable due diligence research and reviews of development packages under consideration, assistance in drafting contracts, disbursement agreements and other closing documents, and we perform periodic on-site progress and draw package reviews to certify compliance with all financial requirements.  Monthly reports alert all parties to any potential issues so that they are addressed before they can grow into problems.

Owner’s Representation During Design & Construction

During the design and construction phases of the process, when the majority of expenditures are occurring, the involvement of Innovation Project Development is invaluable. We manage the construction cost estimate and oversee budgets for the entire project based upon the final design submission or completed documents, and we constantly monitor the progress of the work against these benchmarks and against the construction schedule.

 

Daily on-site presence integrates our expertise into the efforts of the full delivery team. There are architects, engineers, special consultants and contractors to be coordinated and their work over-seen. Regular team meetings must be conducted and effective. Change orders need to be evaluated. Requisitions need to be reviewed. We make sure that all the team members fulfill their contractual obligations to the owner at all times and we assure that necessary information flows freely and honestly to all stakeholders.

CONCEPT PHASE

  • Concept Design Management
  • Financial Feasibility Studies
  • Order of Magnitude Pricing
  • Site Concept Master Plan
  • Amenity Development
  • Budgeting
  • Site Logistics
  • Pre-Financing Due Diligence
  • Constructability Reviews

 

DESIGN PHASE

  • Consultant RFP Preparation
  • Architect and Engineer Evaluations and Recommendations
  • Design Package Operational Reviews
  • General Contractor Evaluations and Recommendations
  • Drawing and Specification Reviews
  • Value-Engineering Opportunities
  • Traffic Engineering Coordination
  • Pre-Expansion Operational Reviews and Recommendations
  • Operational Pre-Opening Planning Assistance

CONSTRUCTION PHASE

  • On-Site Owner’s Representation
  • Sub-Contractor Evaluations and Recommendations
  • Construction Observation
  • Progress and Procedural Reports
  • Monthly Payment Application and Draw Reviews
  • Construction Document Reviews
  • Contract Administration
  • Change Order Evaluations and Negotiations
  • FF&E Procurement and Installation Coordination
  • Punch List Oversight
  • Contract Closeout Negotiations
  • Coordination of Closeout Documents
  • Commissioning and Start-Up Coordination

Cutting Edge

Not only will the most current equipment and technology be evaluated, but the latest construction delivery techniques will be assessed as well. All options will be considered on a value-engineering basis in order to provide the best product for the budget.

Thorough

From the broadest objective to the tiniest detail, Innovation Project Development can review, evaluate and recommend the strongest development scopes and plans based on owner’s goals, local market conditions, trends and innovations, and present and projected competitive environments.

Reliable

For lenders and investors removed from the day-to-day flow on a project, Innovation Project Development acts as a reliable conduit for information and assessment. Integrity is a platform on which all Innovation Group Companies have operated since their founding, and Innovation Project Development management and staff can be depended upon to put the best interests of the client first in all situations.

I want to say that any success we had is due to the guidance of Innovation. Joel (Rittvo) quickly analyzed the project and provided critical guidance. Michael (Soll) had a great sense for integrated resort operation and development. Their analysis and their presentation established the Commonwealth’s credibility in awarding the license. Innovation has done an exemplary job on this project!

James R. Stump, Legal Counsel - Office of the Governor

Commonwealth of the Northern Marianas Islands
IPD succeeded in keeping everyone focused and on-track throughout the initial pre-construction phase, and with their continued direction during the construction phase, we were able to complete the project within budget and with enough funding available to explore and seed additional development opportunities.

Wendell Long, CEO

Pascua Yaqui Gaming Enterprise
Our project is proof that targeted investments can bring widespread return. With IPD’s assistance, we made calculated decisions on how best to devote our renovation dollars, and then made the deliberate choice to invest the balance into training. We bought into IPD’s vision to simultaneously rebuild the team while we rebuilt the facilities, and the results are clear. The outcome has exceeded all of our expectations.

Brian Fent, CFO

St. Regis Mohawk Tribe
Recent Clients
Akwesasne Mohawk Tribe
Asian Coast Development
Bank of America
Best Sunshine
Casino del Sol
Cordish Companies
Foxwoods Development Corp.
Galaxy Entertainment
Government of Saipan, CNMI
Las Vegas Sands
Mori Building Company
ONEX
Ontario Lottery & Gaming
Potawatomi (Forest County) Casino
Rush Street Gaming
UBS
Project Locations
Albania
Bahamas
Bermuda
Canada
CNMI
Georgia
Japan
Kazakhstan
Korea
Laos
Russia
Spain
Ukraine
United States
Uruguay
Vietnam

Contact Us

 

231 Midland Ave, Suite 204

Basalt, CO 81621

970.927.3878 voice

970.927.3955 fax

Email Us