Services > Financial Planning > Strategic Consultant

PGS understands the importance of proper project planning, deployment of resources, stakeholder management and the use of consistent and meaningful communication methods to ensure successful project completion. The Principals of PGS pride themselves on delivering each project on-time, on-budget and in accordance with the original project vision. Examples of past project managerial success include:

McCormick Place West Building Expansion
Negotiated and managed the $1 billion design and build contract with Clark Construction for the expansion of McCormick Place.  The West Building was finished on budget and ahead of schedule due to rigorous project management and attention to every financial detail.  The new building will add an additional 750,000 square feet of space to the existing McCormick Place campus making it the single largest convention facility in North America at 2.8 million square feet.

Hyatt Hotel Expansion 
Conducted feasibility and market studies for a $150 million expansion to the existing McCormick Place Hyatt Hotel which is owned by the Metropolitan Pier and Exposition Authority and operated by the Hyatt Corporation.  This expansion project was designed to add 600 rooms to a 1800 room structure resulting in additional cash flow for the property which drives annual net income of $16 million.

Navy Pier Redevelopment
Led and managed the master planning efforts to revitalize and redevelop Navy Pier including:
• Study of all operating components against acceptable financial standards
• Implementation of a comprehensive and collaborative stakeholder process
• Development of the project Concept Plan
• Development of privatization analysis for creative funding and operation

Navy Pier Catering & Concession Operation
Negotiated and implemented a new contract for concession / catering services at Navy Pier.  An increase in the profit percentage to the MPEA and a stabilized revenue percentage from top lines sales was achieved by working aggressively with private sector partners on a newly structured contract.  With revenues of $10 million annually, the first year of operation under the new contract saw a $1.3 million increase in profit with additional anticipated growth in profit of $6 to $7 million over the life of the five year agreement.

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