3D Walkthrough
Exterior
VIP Lounge & Restaurant Level
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Main Lobby & Box Office Level
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Arcade and Kids Club Level
The Atavus Approach to Construction
A Greenfield Investment is a form of direct investment where a parent company starts a new venture by constructing new operational facilities from the ground up. The term Greenfield was originally used in construction and development to reference land that has never been used where there was no need to demolish or rebuild any existing structures. However a Greenfield comes with two major risks:
- Demand Risk (Revenue Risk)
- Construction Risk
Showcase Entertainment has been designed by the Atavus Group to minimize these risk:
Demand Risk
Demand risk analysis is associated with the degree of utilization of the asset and therefore is based on an operation assessment. The asset utilization and market strategy of the Showcase as well as the projections of financial performance inherently address these demand risks in its’ business model. Selection of leading industry experts as laid out in the business plan will also help mitigate the demand risks.
Construction Risk
The best way to tackle the two main risks in construction is to focus more on Active Risk Management Measures rather than on Passive Risk Measures. Passive measures will only protect investors once the risk materializes, but will not prevent the risk from happening. A robust insurance package is the most widely used passive measure in risk management followed by cost overruns securities.
In addition to these passive measures Atavus Group management has decided to intensify its’ focus on active management measure to ensure a measurable reduction of risk in the construction phase of this project. Chief among these risk reduction measures are as follows:
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Pooling expert experience in the development stage: preconstruction. Atavus Group has taken control of the project management aspect of the development and has hired the leading construction firm Woslee Construction Ltd as a Construction Management (CM) firm in the preconstruction design phase. This technique allows Atavus to:
- Start the design of the facility with the consultation and experience of the premier construction company in the country. (More on this below).
- Combine this with the 25 years of commercial real estate development experience of its’ Senior Shareholder, Dr. Werner Brummund; former CEO of Activa Group based in Ontario Canada. Dr. Brummund’s considerable experience at Activa has spanned the development of 5 major commercial projects, 4 condominium projects and 11 residential communities with thousands of homes in the Waterloo area of Canada. Dr. Brummund has since retired from active management of Activa and has relocated to the Bahamas but he maintains a controlling interest in the company. More on Activa Group and their developments are available through the link below.
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A selection of the Design-Build (DB) model over Design-Bid-Build (DBB) by engaging a Construction Manager at the initial design stage. Often the process of design is completed without the direct input from the parties most responsible for the construction of the facility; the General Contractor. This often creates conflict between design and execution during the construction stage. After an architect completes a design they deliver it to the various contractors for the bidding on construction. Cost varies largely from contractor to contractor and so does construction quality of new facilities. High quality Construction Companies are often in high demand and therefore demand a higher price for services. Furthermore, the bidding process is often inflated and companies rarely share details of subcontracts or material supply contracts. Construction management on the other hand allows the commissioning company to have full access to all sub contracts and material supply deal. Additionally, the benefit of an experience CM in the design stage and material selection process is incalculable. The overall effect is significant savings on construction cost and complete control over the budgeting process. Further savings may be realized when the Construction Manager is also hired as the General Contractor. Hence the guarantee of the job is preferred to the uncertainty of the bidding process. This allows the commissioning company to select the highest quality contractor and negotiate a less than market rate for contractor’s fee.
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Hand selection of design and construction team is an additional measure of active risk management employed by Atavus. These members we selected are at the top of their respective fields and have proven experience in the local and international market. In lieu of selecting professionals through the bidding process, management has decided to simply bear the cost of the industry’s best practitioners to ensure their participation on the project.
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Atavus, with the advisement of its Construction team, has chosen a safer and faster construction method:
The M2 Specialty Building System (Read more)
Not only does the M2 product deliver the most energy efficient walls for HVAC system operations long-term, it also provides a 20% faster construction method. The final product is structurally stronger than traditional building block and is also significantly more fire resistant. When the inherent sound dampening features of the M2 product are factored in, the choice is further confirmed.
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Design proceeds construction but has a direct impact on the efficiency of the final product as well as the post construction period of business operations. Therefore Atavus went outside of the country to select one of the world’s best cinema design experts in the person of Smith Obayawat from the award winning firm of Office of Bangkok Architects. His style of theatre layout and interior design is a stark difference to the traditional and often boring designs so popular in the Western Hemisphere. Mr. Obayawat’s designs are recognized the world over, for their innovation as well as the functionality. Most recently, his award winning designed was honored at the Cine Asia (Theater Owners Convention in Asia). For over 25 years Mr. Obayawat and Major Cineplex have partnered in what is now considered the pinnacle of Cinema Design. We are fortunate to have his genius on this project.
THE SHOWCASE CONSTRUCTION TEAM
Project Participants
Dr. Werner Brummund of the Atavus Group
Smith Obayawa of The Office of Bangkok Architects
Alvan K. Rolle of Alvan K. Rolle and Associates
John Michael Clarke of Veritas Consultants
Lambert Knowles of ETS Bahamas
Ruben Caputo of ITC
Steven Krams of Magna Tech Electronics
Sonia Brown of Graphite Engineering
Ashley Glinton of Woslee Construction
Dr. Werner Brummund of the Atavus Group
| Title | Project Manager for Real Estate Planning & Development of the Atavus Group |
| Company Name |   |
| Company Profile | We see the big picture. We realize there's more to each project than buildings and land - there are also the needs of the people they serve. We think of the things that make sense. We stay involved and we respect the relationship we form with each individual - from homeowners and tenants to builders and other partners. We are Activa - we do things differently - we do them better.  Full Profile |
| Insurance | Coming Soon! |
| Contact Information |
ACTIVA CORPORATE OFFICE T. 519.886.9400 F. 519.886.8955 |
Projects and Clients
Additional Information
Smith Obayawa of The Office of Bangkok Architects
| Title | Design Architect |
| Company Name |  |
| Company Profile | The Office of Bangkok Architects is a multi - disciplined design office based in Bangkok, Thailand We are a creative design firm that brings over 15 years of design experience working with international and domestic retailers and developers. Our services include urban design, and interior design of shopping centers, mixed-use retail, movie theaters and entertainment facilities as well as residential buildings and resorts. Our client list includes projects in Thailand, China, Saudi Arabia, Myanmar and Cambodia. Full Profile |
| Insurance | Coming Soon! |
| Contact Information |
OBA The Office of Bangkok Architects Co., Ltd. T. (66) 2 251 0990 F. (66) 2 251 8998 I |
Projects and Clients
Additional Information
Alvan K. Rolle of Alvan K. Rolle and Associates
| Title | Architect of Record (Bahamian Architect) and Co-Project Manager |
| Company Name |  |
| Company Profile | |
| Insurance | |
| Contact Information |
Rolle Alvan K & Associates Co Ltd FFAS MIAA IBA SCV Phone: 242-326-8141 Fax: 242-322-3886 |
Projects and Clients
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Additional Information
Coming Soon!
John Michael Clarke of Veritas Consultants
| Title | Quantity Surveyor |
| Company Name |  |
| Company Profile | Since the year 2000, Veritas Consultants Limited has offered construction management services in an agency capacity. This allows Veritas Consultants Limited to function as the owner/representative/agents and coordinate the work of project professionals through a deliberate process that greatly improves the probabiliy of project success. Full Profile
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| Insurance |
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| Contact Information |
VERITAS Consultants Limited
Tel: (242) 322-6741 |
Projects and Clients
Additional Information
QS - Flier
CM - Brochure
John's CVR
Qualifications Statement
Lambert Knowles of ETS Bahamas
| Title | Civil Engineer |
| Company Name |  |
| Company Profile | ETS (Engineering and Technical Services) is a local, Bahamas-based and multi-disciplined, company with years of practical experience in providing structural and civil design, geo-technical and inspection services. The ETS goal is to identify, understand and interpret the constraints on a project and to design a constructive efficient result. From the beginning, ETS made complete client satisfaction its top objective. To meet this objective, ETS undertakes a limited number of key projects each year. The ETS team applies extensive engineering and technical skills to find clever and practical solutions for our clients while also helping with the continued development of our community. Full Profile
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| Insurance | Coming Soon! |
| Contact Information |
#68 Wilton Street, Nassau, Bahamas Phone: 242-356-0500 etsbahamas@gmail.com |
Projects and Clients
Coming Soon!
Additional Information
Coming Soon!
Ruben Caputo of ITC
| Title | Solar and M2 Building Construction Consultant |
| Company Name |  |
| Company Profile | ITC Group Ltd, is a Hong Kong registered entity established with the purpose of provide Business Consulting and International Trading worldwide. The company has been established over six years ago and have been successfully conducting business with several entities and projects in China, Italy, Saint Kitts, Dominican Republic and The Bahamas. Full Profile
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| Insurance | |
| Contact Information |
3972 Barranca Pkwy.
Tel: 1-949-439-7618 USA |
Projects and Clients
Coming Soon!
Additional Information
Steven Krams of Magna Tech Electronics
| Title | Project Consultant |
| Company Name | 
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| Company Profile | Magna-Tech was founded in NYC in 1956. It was acquired by it present owner in 1995. It was merged with International Cinema Equipment Company in 1999. International Cinema Equipment was founded in 1975. The same ownership remains today. Steven Krams is President and Chairman and owns 100% of the stock in the companies. Full Profile |
| Insurance |
Coming Soon! |
| Contact Information |
Magna-Tech Electronic Co.
Tel: 305 573 7339
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Projects and Clients
Coming Soon!
Additional Information
Coming Soon!
Sonia Brown of Graphite Engineering
| Title | Mechanical and Electrical Engineering with Plumbing Services |
| Company Name | 
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| Company Profile | Graphite Engineering Ltd. is a leader in the Engineering community in The Bahamas. We are a diverse and dynamic team of professionals that taken individually are accomplished but as a unit we are unmatched. We remain very nimble and flexible and can be as small or big as we need to be. Each client is assured of focused and individual attention as we always aim to assemble the perfect team for your specific project. Our services include complete Mechanical and Electrical Engineering Consultancy Services for buildings of all types. Full Profile |
| Insurance |
Signed Cover Wording
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| Contact Information |
East Bay Street Shopping Center
Phone: +1 242 393 6465
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Projects and Clients
Additional Information
Ashley Glinton of Woslee Construction
| Title | Construction Manager and General Contractor |
| Company Name |  |
| Company Profile | Full Profile |
| Insurance | Coming Soon! |
| Contact Information |
Woslee Construction
Telephone: 242-325-3226 or 242-328-5794 |
Projects and Clients
Additional Information
Cover Letter
Construction Business License
Construction Employees
Equipment
Projects