Cost: $3.4 million Completion: August 2005 Student housing projects face hard deadlines. When UVa students arrive in Charlottesville for the start of school in August, their apartments must be ready. Before construction even began, Carrollton Terrace Apartments were over-budget and behind schedule. Martin Horn suggested value engineering changes to control costs, but could not alter the late start date. An outstanding project team was assembled, and they ultimately delivered the project slightly ahead of schedule and under budget. The contract stipulated that Martin Horn and the owner split 50/50 any savings realized during construction, so everyone benefited.