In February 2010, Fastenal came to Key Builders with a challenge: help us find and develop a new 4,250 sq. ft. retail and warehousing space in Princeton, Ill., so we can meet a contractual obligation to be open for business by May 2010.
Key Builder’s went to work identifying possible locations, but of the five selected, none was a match for Fastenal’s physical, budgetary, and schedule requirements. As options waned, Key’s project team came up with an innovative solution: get Fastenal the space it wants in the timeframe it needs by building it from scratch as an addition onto Key Builders’ headquarters.
Once Fastenal approved the concept, Key Builders put the project on a fast track, completing both design and construction in 10 weeks. As a result, Fastenal was open for business prior to their May 2010 deadline.
“Fastenal had an immediate need,” Key explains, “and we stepped in to save the day by designing and building a space that met their needs on their stringent time requirements. We finished on budget and ahead of schedule.”
Lightwells Bring Green Technology to Fastenal
Key Builders integrated four lightwells into the building, helping Fastenal meet its goals under the company’s green corporate social responsibility initiative. This program calls for reducing electricity consumption at Fastenal’s retail locations and incorporating energy conservation into new construction. Key Builders’ lightwells were an innovative solution that helped Fastenal meet its goal of operating in a more efficient and environmentally responsible manner.
The lightwells are a proprietary natural lighting technology that Key Builders distributes in 19 Midwestern states stretching from Canada to Texas.
For Fastenal, the lightwells allow them to turn off or turn down their florescent lights for up to ten hours a day, providing them with significant savings on their monthly electricity bill. Thanks to the energy savings and various tax incentives, the lightwells usually pay for themselves in 3 to 5 years.
Fastenal is a distributor of construction equipment and supplies with 2,300 retail locations around the world. The company is listed as one of the top 100 nonfinancial companies on the NASDAQ. For more information, see http://www.fastenal.com.
About Key Builders
Key Builders is a leader in the provision of design-build and construction management services. Its design and construction solutions help clients save money — during construction and throughout the life of their buildings.