W.R. Berkley Corporation Headquarters

Owner: W. R. Berkley Corporation | Services: Cost Estimating

W. R. Berkley Corporation, a major insurance company headquartered in Greenwich, CT, recently initiated a project to modernize its headquarters building. W. R. Berkley’s original headquarters was built in 1969 and is one of Greenwich’s most visible office complexes. Axias’ involvement began in the feasibility stage, the initial plan was to demolish and replace the existing headquarters building with a new 100,000-square-foot office building.   

As the project evolved, the company decided to retain and modernize the existing building while adding additional office space and parking on a property adjacent to the current headquarters. The proposed development includes designing and constructing three main components: 40,000 square feet of parking structure, 50,800 square feet of office space, and a rooftop plaza. The project aims for LEED Gold certification and will incorporate electrification to reduce on-site fossil fuel-burning equipment use. 

Axias prepared feasibility level cost estimates for the initial project plan and continues to work with the project team by preparing cost estimates at major design milestones as the project progresses from schematic design to construction documents, along with providing support for ongoing value engineering.