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Library / Hospitality

Ashgrove Select Service Hotel

A five-storey, 132-key select-service hotel on a suburban interchange parcel, load-bearing metal stud over a slab-on-grade ground floor.

Gross area84,600 sf
Storeys53.20 m floor to floor
Elements3,780189 data rows
Total dev cost$29.0M$343/sf
NOI$2.7M
Yield on cost9.49%+99 bps over a 8.50% cap

Download .mass · 4.0 MB Executive report All files

Issued drawings

Generated from the model — column positions, wall runs, space polygons and grid spacing are read out of the IFC — so a sheet cannot drift from the building it documents. ARCH-D, 5 of 20 registered sheets issued.

A1.01 — Overall Floor Plan Level 1
A1.01 Overall Floor Plan Level 1open full ↗
A2.01 — Building Elevations
A2.01 Building Elevationsopen full ↗
E2.01 — Power and Lighting Plan Typical Level
E2.01 Power and Lighting Plan Typical Levelopen full ↗
G0.01 — Cover Sheet and Project Data
G0.01 Cover Sheet and Project Dataopen full ↗
S2.01 — Framing Plan Typical Level
S2.01 Framing Plan Typical Levelopen full ↗

LOD record coverage

Share of IfcElement occurrences carrying each part of the record, read out of the IFC inside the container.

LOD stage100%
As-built record100%
Measured dimension100%
Manufacturer92%
Classification100%
Material92%

Manufacturer and material fall short of 100% by the same reason: an IfcOpeningElement is a void and an IfcElementAssembly is a grouping — neither is a thing anybody manufactures or pours.

Assemblies165
Reinforcing bars2,475
Fasteners0
Analytical members425
MEP ports441
Spaces6084,611 sf modelled

Programme

SpaceTypeLevelsArea % of gross
GuestroomsResidential Unit452,800 sf62.4%
Lobby, breakfast, meetingLobby112,400 sf14.7%
Back of house + laundryBack-of-House18,300 sf9.8%
Circulation and MEPCirculation / Core511,100 sf13.1%

Cost and programme

Largest divisions

03 — Concrete$2,835,70014.3%
09 — Finishes$2,288,70011.5%
06 — Wood, Plastics & Composites$1,962,7009.9%
01 — General Requirements$1,570,2007.9%
07 — Thermal & Moisture Protection$1,393,1007.0%

Revised budget $19.9M · forecast at completion $20.0M · variance -0.71%.

Registers

Approvals8
Risks9
Phase gates8
Long-lead packages7
Sheets registered20
Sheets issued5

Unweighted risk exposure $2,689,100 and 165 days, against a carried contingency of 5%.

Schedule — 02 Mar 2026 to 25 Dec 2027, 22 months

PhaseTradeStartFinish Working days
Mobilization and site logisticsSiteworkMar 2026Mar 202619
Mass excavation and shoringSiteworkMar 2026May 202633
Foundations and below-gradeConcreteMay 2026Jul 202648
SuperstructureStructureJul 2026Nov 202695
Building envelopeEnvelopeNov 2026Mar 202772
MEP rough-inMEPMar 2027Jun 202776
Interior build-outInteriorsJun 2027Sep 202762
Finishes and fit-outFinishesSep 2027Nov 202738
Commissioning and turnoverCommissioningNov 2027Dec 202733

Development pro forma

Uses of funds

Land acquisition$2,750,0009.5%
Hard cost$19,627,20067.7%
Hard cost contingency (5%)$981,3603.4%
Soft cost (21%)$4,327,79814.9%
Construction period interest$1,298,1444.5%
Total development cost $28,984,502100.0%

Returns

Stabilised value$32,349,952
Development profit$3,365,450
Unlevered IRR (7-yr)13.53%
Levered IRR (7-yr)18.45%
Equity multiple2.68×

Synthetic sample project. Figures are internally consistent and derived from one set of assumptions in tools/sectors.py — they are not market data.

Every file