Supporting the creative vision

As one of the world’s leading multimedia and entertainment companies, WarnerMedia set out to build a new corporate headquarters in the USA to reflect its global status and culture of creativity.

Key information

Location: New York

Completion date: Ongoing

Key services: Advisory Cost and commercial management Project management Procurement

Project value

  • $2.3b Total
  • $1.6b Core & shell
  • $700m Interiors

Client's requirements

To support its global brand, WarnerMedia evaluated its New York City real estate portfolio, which included seven buildings in Manhattan totalling 2m SF, housing more than 4,200 people. They decided to consolidate into a new New York headquarters building consisting of approximately 1.4m SF at Hudson Yards, as developed by Related/Oxford properties. The key objective was to avoid the anticipated cost increases while providing a great space for employees.

Our contribution

As a continuation from our successful advisory role during the due diligence phase, WarnerMedia appointed us as comprehensive project and cost manager for the 1.4m SF interior fit out, and to work directly with the WarnerMedia in-house real estate team. On behalf of WarnerMedia we were also appointed to monitor the work of the developer (Related) for the core and shell build out as well as the mission critical components of the new building.

The commission incorporated managing the procurement of the project team and acting as the owner’s representative from inception through completion of the project. From a cost management perspective, we developed a baseline budget, managed the development of the design in line with the budget, led the procurement phase and implemented appropriate project processes such as a strict change management process. In our role we continue to provide effective and customized financial reporting to the client, at frequent intervals, in order to highlight risks and opportunities.

Making the difference

Our goal is to deliver great outcomes, every time, everywhere for our clients. For WarnerMedia we continue to support them in their overall project objective. Some of the key achievements we’ve accomplished thus far on the project include the following:

 

Joel Brenner, AIA, Vice President of Global Project Management, WarnerMedia comments:

We have been working very closely with the Turner & Townsend project team. Their dedication and attentiveness has been invaluable to the process. We are very appreciative of their exemplary service and thrilled to have them by our side throughout the completion of this intricate project.