Question: you will be tasked with revising an existing business document by applying the knowledge and skills that you have learned in the course. The final
you will be tasked with revising an existing business document by applying the knowledge and skills that you have learned in the course. The final goal is to edit and revise to make clear and coherent business document.
- Read the Scenario.
- Revise an existing document.
- organize the relevant information
- correct word choice errors
- structure the document
an informal report document.
- Title page
- Useaworkplace structure (opening, body, closing).
- Readthe news article provided in week 14 and include a paraphrase or a quotation with a citation.
- Collect and organizethe information about each available office space.
- Take noteof the audience requirements provided in the scenario.
- Writean informal informational email report to the major of the city.
- a reference for the news article and place it at the end of your report.
Scenario
The city of Winnipeg is growing, the population is increasing, and new businesses are developing. The mayor of Winnipeg, Halley O'Connor, is looking for a new office space to accommodate the growing Business Center and he needs your help to make a decision.
The Business Center is a service offered by the city to support small business development for entrepreneurs. The Business Centre offers guidance, support, and various resources to help entrepreneurs start new businesses. Due to an increase in interest and demand, the city just hired new staff. With this increase in staff, comes a need for an increase in office space.
The existing Business Center is only 600 square feet which is enough space to accommodate the four (4) employees who currently work there. The Business Center now has 12 employees, so the space should be 1500-2500 square feet to provide enough space for all employees and clients who visit the center. The new space must be accessible for all people and all ranges of mobility. The new space should be located within 5 km from city hall. There should also be ample parking for both employees and the public.
The mayor's office contacted a real estate agent who has provided you with 3 available office spaces. Organize the information and present it to the mayor by writing an informal informational report. Include support for your report by including information from the assigned news articleNot All Office Space Is Created Equal: Utilizing First-Class Spaceby Marc DeLuca. Including information from this article will help the mayor appreciate the benefits of finding a nice workspace for a developing service. Be sure to consider your audience's requirements as you explain the options. Your report will be instrumental in helping the mayor decide which location will best suit the needs of the growing Business Centre.
** Please use the information provided and the assigned news article to write your report. Do not research additional information.
Potential Locations:
- 1236 Weber Street North
- Contact: Andy Easterner
- 1st-floor unit - accessibility ramp is located at the back of the building, not at the front entrance
- 1500 square feet of space
- $12 per square foot per month
- 4 separate offices with a large central room
- 2 fully accessible washroom facilities
- 20 parking spaces at the rear of the building - 10 already in use by other tenants - street parking is not available, but it is located on a public transit line
- Building Amenities: separate board room, seasonal outdoor tenant lounge, fitness center, and an EV car charging station.
- 4.6 km distance from city hall
- 675 Queen Street South
- Contact: Venky Sharma
- 3rdfloor unit - ramp in place, elevator to 3rdfloor
- shared Business Center building with WalterFedy Engineering Consultant & others
- 2500 square feet of space
- $15 per square foot per month
- Large space with movable office dividers
- Public washroom facilities are available down the hall with 1 separate family/accessible washroom
- 20 parking spaces available with others available for additional monthly costs
- Building Amenities: private board room/conference space, indoor tenant lounge, Hepa air filtration, wifi-enabled green rooftop patio, fitness center, and Energy Star upgrades.
- 1.8 km distance from city hall
- 450 King Street West rear of building
- Contact: Shine William
- Ground level unit - unit is completely accessible
- Shared building with B Thnh restaurant and supermarket - unit at the back of the building
- 2000 square feet of space
- $10 per square foot per month
- Large unit with 10 small office spaces & separate reception area
- 1 washroom - renovations needed to add another accessible washroom
- 15 parking spaces shared with grocery store customers
- Building Amenities: Hepa air filtration, high-speed internet capacity, and on-site dining options.
- 1.4 km distance from city hall
This is the article for which we have to write references
Author: Marc DeLuca Marc DeLuca is CEO of KBS, one of the largest investors of premier commercial real estate in the nation. Publication Date: Jul 7, 2023 Publication: Forbes Article URL: https://www.forbes.com/sites/forbesbusinesscouncil/2023/07/07/not-all-office-is-created- equal-utilizing-first-class-space/?sh=386897bb686a There's been a lot of buzz about the future of office buildingsfrom their role in business to residential conversion. But even though the term "office" has been broadly used to categorize workplaces, not all office space is created equal. It's true that the office sector is experiencing a post-Covid inflection point. Yet, despite this disruptor, I see office properties repopulating as businesses recognize the value of a central place to work. These values include mental health benefits, mentorship opportunities, and being recognized in the marketplace. As pandemic fears fade, I am seeing a clear front-runner in office real estate recovery: first-class (referred to in the industry as Class A) space. In fact, experts are seeing a "flight to quality" among companies that use offices and some predict newer Class A office buildings as one of the asset types that will see the highest amount of leasing activity in 2023. With roughly 80% of office leases being signed in buildings that are Class A, I am witnessing companies increasingly seeking fresher, modernized office space to house their teams. In my view, Class A, along with well-amenitized and upgraded Class B-plus office buildings (older properties that were recently renovated with quality amenities but commanding a lower rental rate), offer companies much more than "plain vanilla" workplacesa phrase that is often used to describe no- frills office space. In fact, I believe that they provide what today's firms need to succeed in a competitive business environment. Embrace Amenities To Attract And Retain Top Talent For years, firms have been competing for the best workers and using office space to recruit and retain teams. In the wake of the "great resignation," this need for providing work environments with desirable amenities has been amplified. Consequently, I am seeing that companies want office space that caters to their employee base's needs and desires. This means beautifully designed buildings with well-appointed workspaces offering all the bells and whistles workers have come to expect when returning to their workplace are in high demand.Look for well-designed, modern buildings with amenities that spark collaboration and creativity, such as a great indoor or outdoor tenant lounge and conference space and Wi-Fi-enabled outdoor spaces. It is features like these that I see drawing companies to my office's top properties. For example, one of our properties, Accenture Tower, was already an iconic asset, but after renovations and the implementation of new amenities, its occupancy increased from 80% pre-pandemic to nearly 100%, ultimately providing tenants with everything from transportation and food and fitness to an indoor/outdoor tenant lounge where they can relax or celebrate with colleagues. From Next-Level Amenities To Sustainability Certifications Today's companies need more than just four walls to stay ahead of the competition. These businesses also expect their landlord to go above and beyond, offering the "extras" that ensure their success, which is much more likely to be found at Class A properties. Some of the next-level offerings that office building owners are providing tenants include concierge service, excellent internet connectivity, state-of-the-art technology for conferencing, on-site car detailing, on-site EV chargers and gourmet food and drink options. These services and conveniences help companies and their teams stay focused, productive and on track to reach their business objectives. In addition, with ESG (environmental, social and governance) factors becoming increasingly prominent, tenants are especially interested in buildings that operate with health and sustainability in mind. To that end, properties offering wellness amenities like cutting-edge fitness centers, touchless elevators and healthier indoor air are more important in the post-Covid era than ever before, for they help keep companies and their employees healthy and industrious. Along with health and wellness, many owners and operators of premier office buildings seek out environmental and technological certifications and verifications such as LEED, Energy Star and WiredScore to make sure tenants feel supported. Transforming Neighborhoods The flight to quality mentioned earlier has a ripple effect. Best-in-class office buildings can truly transform neighborhoods and increase their appeal for today's companies, encouraging other businesses to invest in the area and improving entire communities. Certain upscale amenities, such as on-site retail and great lunch spots, can also make an office building succeed in areas that may be viewed as risky. I have seen that even in cities that are troubled with crime, well-located properties with top amenities on site can attract office tenants and change the neighborhood. In-building shopping and dining provides tenants with a seamless experience during working hours, giving companies an additional reason to choose Class A buildings in some of the most compelling markets in the country.
Conclusion There is a bifurcation [a difference] in office real estate between first-class buildings and those of lesser qualitylike the difference between a butter knife and a Swiss Army knife; both can cut, but only one gives you the tools to handle any situation and flourish. This difference is helping draw in companies that are focused on providing their teams with exceptional workspaces in great locations within key markets. Premier office buildings can help firms attract and retain top talent while giving them a leading edge in a competitive business environment. These properties, offering outstanding on-site amenities, can even make office space in less secure areas more desirable for businesses. As office building occupancy continues to climb, I see Class A buildings leading the way toward a sustainable recovery that can benefit companies, their employees and the communities they operate in.
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