Project Management
Independent, third-party project management and fee development services that keep your project on time, on budget, and under your control.
From concept to completion, by your side.
Commonwealth’s project management team provides independent, third-party consulting for commercial real estate development projects. As your owner’s representative, we consolidate the elements of strategic planning, design, and construction to keep your project on time, on budget, and on track to completion.
Our team operates on a fee-for-service basis, meaning our interests are aligned entirely with your project’s success—not with commissions, contractor relationships, or competing priorities. And as part of Commonwealth’s integrated platform, our clients benefit from cross-functional market intelligence, property operations expertise, and investment perspective that a standalone consultant simply can’t offer.
Total square feet under management
States with active properties or projects
Properties currently under management
Our Services
Your vision. Expertly managed. Fully realized.
Construction management and development projects are a significant undertaking — and the difference between a successful project and a problematic one often comes down to who’s managing it. Commonwealth provides full-lifecycle project management (owner rep) for clients navigating large-scale renovations, expansions, and ground-up development.
From site selection and pre-development planning to design coordination, construction oversight, and closeout, we serve as your dedicated owner’s representative, bringing discipline and transparency to every decision. Whatever the scope, whatever the stage — we’re with you from the first conversation to the final walkthrough.
Owner’s Representation & Construction Management
We act as an extension of your team, representing your interests through every phase of development, design, and construction. Our role is to coordinate the efforts of owners, engineers, architects, builders, and contractors—facilitating timely decisions, managing vendors and contracts, and ensuring the project is executed in accordance with your specifications.
Fee Development
For clients who wish to own their building but lack the expertise or time to develop it themselves, we provide the technical resources, expertise, and financial structure to deliver a complete real estate project from concept to completion—all on a transparent, fee-for-service basis.
Financial Modeling
We define the basic parameters and performance standards of your project and translate them into actionable land, building, and expansion requirements. Our baseline financial models give you a clear financial picture before the first shovel hits the dirt.
Site Evaluation & Analysis
Commonwealth conducts thorough due diligence on every prospective site — assessing zoning and entitlement risk, utility availability, geotechnical conditions, environmental considerations, and access constraints. Our goal is to give you a clear, honest picture of what a site can support, what it will cost to develop, and what risks you’re taking on.
Cost Management
Our cost control platform accurately establishes and tracks budgets and contingencies against costs incurred—and, equally important, forecasts costs to complete. Real-time reporting across multiple cost centers gives you full financial visibility at every stage.
Project Audit & Reconciliation
The overlapping responsibilities of owners, architects, contractors, and subcontractors can make reconciling project costs a challenge. Our independent audit services provide the peace of mind that all costs charged to your project conform to the terms of your agreements.
Consulting
Not every engagement requires a full-scale project management commitment. We also provide discrete, expert consulting to assist with decision-making on prospective projects, or to review and course-correct projects already underway. Our flexible consulting services provide access to our team’s experience and our broader strategic network.
Our Approach
Why Commonwealth for Project Management?
When you hire Commonwealth for project management, you get something most firms can’t offer: independent, objective oversight backed by the resources of a full-service commercial real estate company. Our project managers operate on a fee-for-service basis with no commissions, no general or subcontractor affiliations, and no competing incentives. Their focus is your project.
What makes this approach especially valuable is the integrated platform behind it. Because Commonwealth also owns real estate investments, manages properties, and brokers transactions across U.S. markets, our project management clients benefit from real-time market intelligence, operational know-how, and strategic financial perspective that a standalone consultant simply can’t provide.
Backed by an Integrated Platform
Our project management clients don’t just get a project manager—they get the insight of an entire commercial real estate company. Commonwealth’s brokerage, property management, asset management, and investment teams provide real-time market intelligence, operational perspective, and financial know-how that help inform smarter decisions at every stage of your project.
Independent, Fee-Based Model
Our services are delivered on a transparent, fee-for-service basis tied directly to project scope. We have no financial interest in your contractor selection, no commission incentives, and no competing priorities. Our focus is your project’s success.
Single Point of Contact
You work with the same project manager from concept through closeout—no handoffs, no learning curves. As your single point of contact, we coordinate the full project team and provide clear, consistent communication so you always know where things stand and what comes next.
Owner’s Representation
We serve as a temporary extension of your internal staff, representing your interests with the design team, general contractor, subcontractors, vendors, and jurisdictional authorities. You retain full decision-making control while we handle the day-to-day coordination and problem-solving that keeps your project moving forward.
Cost Controls & Transparent Reporting
Our cost tracking and reporting tools provide clear financial visibility across every cost center. We track budgets and contingencies against incurred costs, forecast costs to complete, and deliver accurate updates so there are no surprises.
Our People
Project Management
Case Studies
Turning market share losses into 30% revenue growth.
A location-advantaged property adjacent to a regional medical center had been steadily losing ground to a local competitor. Commonwealth Lodging executed a targeted $1.38M renovation and recruited the top Director of Sales in the market—reversing the trend and driving revenue growth more than 10x the peer index.
Project Management
Case Studies
Turning market share losses into 30% revenue growth.
A location-advantaged property adjacent to a regional medical center had been steadily losing ground to a local competitor. Commonwealth Lodging executed a targeted $1.38M renovation and recruited the top Director of Sales in the market—reversing the trend and driving revenue growth more than 10x the peer index.
Ready for a better project management experience?
Let’s talk about how our independent project management and fee development expertise can add long-term value to your next project.