Optimal Phasing of the Opening of Buildings in an Office Complex
March 7th, 2012
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Client: Texas Plaza, Prof. Peiser
Faculty advisor: Dr. Barr
Year: 1982
Documents: Final report (PDF)
Appeared in different form as a journal cover article. R. Peiser and Scot Andrus, Phasing of Income-Producing Real Estate, Interfaces 13:5 (1983) 1-9.
Integer programming techniques were used to determine the order in which to build office buildings and when to put the space on the market for a seven-building, 90-acre, mixed-use real estate project in Texas. The output of the optimization provided development managers with the schedule for opening each building, the amount of space to be leased each year in each building, and the annual cash flows to the owner.
Categories: Dallas-Ft. Worth Area, Final report, Forecasting, Integer programming, Operations, Planning, Publication, Real estate