Karma – The Art of Architecture Design w/ Jason Boyer of Boyer Vertical BRT S04 EP12 (174) 3-19-2023

Karma – The Art of Architecture Design w/ Jason Boyer of Boyer Vertical

 

BRT S04 EP12 (174) 3-19-2023

What We Learned This Week

• Architect first, then a Developer. All about the Design of a project.
• No unlimited budget. You have to work within your constraints to build better projects.
• Real Estate is a Team sport. Build your relationships as it becomes a major part of your success.
• Good Design is Good Business

 

 

 

Guest: Jason Boyer of  Boyer Vertical

 

https://www.linkedin.com/in/jasondboyer/

 

https://boyervertical.com/

Twitter: BOYER_JDB

 

Portfolio - karmaphx.com  / arthausphx.com 

 

Karma Booklet 2023: Click HERE

 

Article – Karma Project 2016: Click HERE

 

Article – artHaus Project 2016: Click HERE

 

 

Architect and Real Estate Developer

About

“For me, good design isn’t about pushing the envelope—it’s about redefining it. It’s about looking at things differently until the spark appears. From this core inspiration, the projects and teams I work with start a dialogue with stakeholders. And we don’t stop until we take you past the finish line. Sure, I want you to be thrilled about the end results. But I also want you to feel like you’ve been part of the process along the way.”

A Masters of Architecture graduate from Arizona State University, Jason was recognized among the top 3 graduates in his class and has since maintained a connection to the ASU school of architecture as an Adjunct Faculty. At age 35 Jason was named Principal and Director of Architecture of the Phoenix office of OWP/P, a notable accomplishment in a profession where the average principal age is 52. In 2009 OWP/P merged with Cannon Design where Jason served as a Principal and Design Leader for Cannon Design’s Phoenix based Western Mountain Region office. In 2012 Jason formed Jason Boyer Architects adding real estate development to his entrepreneurial skillset with the successful completion of artHAUS, a nationally recognized transit-oriented infill project.

 

He has since transformed his practice into a real estate development platform, re-establishing it as Boyer Vertical in 2020. Boyer Vertical integrates architecture, development, and design|build construction under a single real estate platform focused on sustainably minded architecturally significant projects throughout Arizona. Jason’s career experiences has given him the opportunity to develop a diverse portfolio of building commissions across a spectrum of industries and uses, including all scales of residential, higher education, academic medical, sports, civic and commercial architecture.

Jason’s community involvement has included the AIA Arizona Executive Board and Phoenix Metro Chapter Executive Board where he served as President in 2017, the Urban Land Institute Arizona Programs Committee, ASU School of Architecture Partners Program, Society for College and University Planning, and the National Intramural-Recreational Sports Association.

Specialties:
generating value through creative design thinking and strategic problem solving
leading technical competency through timeless detailing and appropriate material sensibilities
enabling client and project team success through proactive design management prowess

Building Typology Strengths: All scales of Residential, Commercial + Mixed-Use, Higher Education, Sports Performance and Health + Wellness

 

 

 

Notes

Seg. 1

Karma is his current project – housing community with 11 single-family units, two stories, 2500 ft.² each

Jason had and LOI in November 2019, then the deal fell through. In March 2020, the deal opportunity was back on, and by June 2020 it was under contract. Construction started February 2021, demo the site and start building.

This was the first time Jason was doing commercial scale work, of design, develop and construction. Jason was the architect and developer on this project. He oversaw it from A to Z.

The biggest project Jason has worked on is the Center Point Condominiums in Tempe AZ That design took 5 years and was 800 condos and lofts. The upscale Centerpoint condos in Tempe includes two towers — one 22 stories, the other 30 stories. The project has 375-units and initially most of them were priced above $350,000. Now, its new owners are changing the name to West Sixth and turning the units into apartments.

Karma is an infell project, residential built in a suburban neighborhood. Neighborhood is Madison Heights near 16th St. and Bethany home. Good residential neighborhood with freeway access, good schools, restaurants, dubbed Arcadia light.

The term “infill development” refers to building within unused and underutilized lands within existing development patterns, typically but not exclusively in urban areas.

Jason had a particular design for the actual house, where when you walk in the front door you’re in the middle of the home. He also designed a flex space or 4th bedroom that can be used as a dedicated home office. Has a split master. Keep in mind this was going on during Covid, and people wanted a home office space.

 

Seg. 2

Any neighborhood project needs to enhance the community. Jason got the funding to purchase 3 outdated parcels. Then did a tear-down to build Karma.

Jason‘s background is he is an architect of almost 30 years (1994 ASU Grad School). He has owned a practice, been the principal of the Arizona office of a major US chain doing private development. He has also been a partner in other firms.

Jason‘s preference for design is to do cool stuff, and he prefers residential projects.

He’ll take ideas from his team, and from clients. Then he will synthesize them into a design solution. You always have to be wary of what the cost is, and can the project be built.

Most projects do not have an unlimited budget. You have to work within your constraints to build better projects.

Often most jobs are messy projects. You need an adaptive reuse of buildings and find good ideas.

 

Seg. 3

How does Jason see himself, as an architect or a developer? Jason is an architect first, and that’s foundational to who he is. It has also provided him the opportunities to become a developer.

Build your relationships as it becomes a major part of your success. Real estate is a team sport. As you go, you get smarter.

You have to align the risk of a project. Everyone works towards the same and goal. Projects are often financed by the bank or private capital groups. It will take 1 year to get a project financed.

Prior to the Karma project Jason designed artHaus on Central Ave. This was a 25 condo deal in midtown Phoenix in 2016. Jason was able to accomplish this goal and now has built credibility and trust with lenders. In 2020 when he went for financing for Karma, it took 30 days.

What is Jason’s next project? He will look at a dozen, before one sticks. He has a few ideas floating around. One is for an 80 unit multi family mixed use what’s food type development. Another idea is considering is building modern cabins in the Flagstaff area.

 

Seg. 4

Boyer Vertiscal was started in 2020 with Karma. You have to build your team, and have primary people for each part of the project.

Karma project has three construction guys, Elaina doing PR, a bookkeeper, real estate contacts, 3 to 5 architects on the team on the design ( for his next project 2 senior architects, and three interns).

Then you need a group of consultants, landscape architect, engineers of civil mechanical electrical structural, lighting, engineering science for noise, power, and  Geotech report for soils.  

They were careful when working on lighting to define sustainable and energy efficient LED lighting. Also put in skylights for natural light with the sun, plus artificial lights. They also wanted to be careful where the glass facades were facing in dealing with the heat. He put his windows at the end of the wall so when sunlight comes in, it paint the wall to light up the room, while also providing privacy.

This team is a collaboration designed to optimize the project. Start early with the team working together. He expects to use the same team as before on his next project.

Bonus

Investors always want to talk about your past track record, what the deal and cost points are. Good design is also good business.

One needs to talk about your team, and also build a pool of investors. Jason puts his own money into a project, and he bought one of the homes at Karma.

His artHaus project of 2016 had an internal rate of return (IRR) of 17%. Align the rest of people in the project, if you want ownership and projects.

Why invest - what it takes to get to a yes. Excess designs accessible, lives in his design space.

His neighbors at Karma include his real estate broker Oleg Bortman of The Brokery . Their neighbors live next to the realtor and the architect who designed and sold the project.

 

 

Related Show:

Relentlessly Local Real Estate w/ Oleg Bortman of The Brokery

 

BRT S04 EP08 (170) 2-19-2023 – FULL SHOW: HERE

 

 

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