Studer Properties wins two NAIOP awards

Local development group Studer Properties won major accolades at the recent awards ceremony for the Northwest Florida chapter of the National Association for Industrial and Office Parks.

Included in the recognitions for Studer Properties are Commercial Development of the Year for Maritime Place; Rehab/Re-Purpose of the Year for The Artisan, along with First Runner Up in that category for the redevelopment of Main Street Stores.  Finally, the Broker Deal of the Year award went to Beck Properties for their work to bring EmCare to Maritime Place.

“We are honored to receive these awards and be recognized by our peers in the industry,” said Andrew Rothfeder with Studer Properties. “It’s a reflection of the quality talent we have in this community. From the contractors and architects, to the brick masons, plumbers, and laborers, everybody worked hard to make these projects successful.”

Commercial Development of the Year, Maritime Place, is the first modern Class A multi-level office space built in Pensacola in many years. Completed in October 2014, the office building created over 200 construction jobs over the course of its 12-month construction period. Studer Properties worked with the general contractors to establish benchmarks for community and minority inclusion metrics. This meant that hundreds of laborers, subcontractors, craftsmen and service providers were able to participate in this multi-million dollar project and build their own business capacity and experience.

It now houses more than 200 permanent, full time employees from two of the nation’s preeminent healthcare consulting companies, Studer Group and EmCare. The law firm of Moore, Hill, & Westmoreland, P.A. will soon call Maritime Place home in Spring of 2015. With these three organizations at Maritime Place, the new office building will create an economic output of over $24 million in the Pensacola area.

The project was part of Quint and Rishy Studer’s commitment to build an office building at the downtown waterfront park. Originally planned at $12 million and 60,000 square feet, the waterfront office building totaled $16.5 million and 75,000 square feet.  While initially planned to be three-stories, the proposal was made to add a fourth floor to the building in the middle of construction to accommodate Emcare, with minimal time added to the schedule.  As revised, the project was completed on time and under budget.

The Maritime Place team was made up of SMP Architecture, Greenhut Construction Company, The Dawson Company, and Tessier Associates.

Studer Properties was also awarded Rehab/Re-purpose Development of the Year for The Artisan. Built in 1892, The Artisan was originally home to the Lewis Bear Company. The historic building at the iconic corner of Palafox and Main was purchased by Studer Properties in 2012.

While the cost to demolish the building with new construction would have been less costly and taken less time, retaining and restoring the historic building was more important to Studer Properties. Permanent and temporary construction jobs were created, the aesthetic appeal to Palafox Street was strengthened and the newly renovated 120-year-old building is now home to 20 employees in five retail stores and restaurants. Nom Sushi Izakaya, Mainline Art House, Susan Campbell Jewelry, Between, and Pure Pilates all reside at The Artisan, one of downtown’s signature gateways at the corner of Palafox and Main.

The team that made The Artisan renovation possible was made up of SMP Architecture, Total Construction, Bennett Shuman AIA Architect, and Joe DeReuil Associates.

Studer Properties also received First Runner Up for their work on Main Street Stores. This project is currently home to VolumeONE and Fiore of Pensacola. The Main Street Stores project team was made up of SMP Architecture, Bay Design Associates Architects, Total Construction, and Williams-Brown Construction.