Sage 300 Construction and Real Estate: The Solution for Meridian Development
Meridian Development is a San Diego-based Master Developer founded in 2014 with a mission to create projects and communities that enhance the lives of people who live, work, and shop there. Their most exciting project to-date is Millenia: the new urban city center for South County San Diego with eight new neighborhoods by five builders.
Millenia is a mixed-use hub designed into 80 walkable city blocks featuring apartments to lease, townhomes and condominiums to purchase, retail and restaurant space, mixed-use space, a hotel and numerous parks and promenades.
San Diego Developers for Millenia Include:
- For-sale neighborhoods by Shea Homes San Diego
- Meridian Communities
- Luxury apartment neighborhoods by Trammel Crow Residential
- For-lease apartments for seniors and families by Chelsea Investment Corporation
- Pulse-Millenia apartments by Fairfield Residential
- Class A offices by Chestnut Properties
- Town center and retail space by Sudberry Properties
- 140-room hotel by Ayres Hotel
As the Master Developer of Millenia, Meridian Development has to track each project separately, organizing over 30 subcontractors including eight trades and numerous builders.
With a tight project schedule, Meridian turned to Plumb for their expertise in accounting and software solutions. Plumb implemented Sage 300 Construction and Real Estate (Sage Timberline Office) as a means to unify their projects, streamline processes and handle the highly detailed requirements. With Sage 300 CRE, Meridian is able to track all the projects with ease.
Sage 300 CRE Provides:
- Job Costing
- Commitment and Change Order Management
- Job Tracking
- Subcontractor Management
Job Cost by Sage lets you enter subcontracts and purchase orders, then tracks them again invoices for total control over committed costs. You can also manage them through the change order process – from pending to approval – to ensure change order profitability. Track contract amounts, estimates, costs, subcontracts, purchase orders, quantity totals, production information, customer information, billings and other project information in as much detail as needed. Job Cost information.
Subcontractor Compliance Management within Sage Timberline helps easily track lien waivers, certified reports, insurance and other documents to minimize the risk of subcontractor noncompliance. It also proactively monitors compliance status and notifies key personnel when issues arise.
Sage 300 Construction and Real Estate provides an integrated, modular approach that connects all the vital aspects of your finances and operations. You can share information, improve business insight and eliminate redundancy. It allowed Meridian Development to build the system that made the most sense for their operation of Millenia and their entire organization.
For a quick video of Millenia, click here.