Here's a recap of the noteworthy multifamily projects to open their doors this summer.
LUXURY TOWNHOUSES ON NEWPORT BAY
Lido Villas is an enclave of 23 luxury townhomes on Newport Bay, Orange County, Calif. Developer/builder Landsea Homes’ two- and three-bedroom properties start at $1,950,000 and offer chef-grade appliances, decks for al fresco entertaining, and personal elevators in custom plans. The design firm: SDG Architects. Photo: Landsea Homes
BATTER UP! BASEBALL STADIUM HAS A NEW RESIDENTIAL NEIGHBOR
Architects Orange created The Core for developer Lennar Multifamily Investors. The 400-unit community, which sits next to Angels Stadium of Anaheim, home ballpark of the Los Angeles Angels, offers tenants a zero-edge pool, spa retreat with day beds, multiscreen Fit wall, and two-story fitness center. The builder: LMC, A Lennar Company. Photo: Chet Frolich/cmfphoto.com
COLLEGE STATION GETS ITS FIRST CCRC community
The Langford Retirement Community is the first continuing care retirement community in College Station, Texas. The 72-unit center is named after Ernest Langford, the city’s mayor from 1942 to 1968. The Langford has three four-story buildings, each with a community room. Twenty-four units are devoted to assisted living; 18, to memory support. Spellman Brady & Company did the interiors. RLPS Architects was the designer. White Construction was the GC. Photo: Alise O'Brien
TRANSIT-ORIENTED LUXURY COMMUNITY comes to MIAMI
Corwil Architects (designer) and Civic Construction (GC) have completed Motion at Dadeland, a 25-story, 294-unit luxury rental tower at the Dadeland North Metrorail station in Miami. The developers, 13th Floor Investments and Adler Group, worked with Miami–Dade County’s Department of Transportation and Public Works on the TOD. Photo: 13th Floor Investments/Adler Group
1990S APARTMENT COMMUNITY undergoeS AN EXTENSIVE REDO
Shirlington Village, Arlington, Va., originally built in 1992, has been completely renovated by real estate investor and operator Waterton as The Citizen at Shirlington Village. The 404 apartments are a mix of one-, two-, and three-bedroom configurations from 550 to 1,387 sf. Amenities include work pods, a Luxer One package center, a clubhouse, and a community room. On the team: Antunovich Associates (architect, interior designer); Rent Ready Construction Services (builder). Photo: Michael Deery/Apartment Photo
AWARD-WINNING SEATTLE APARTMENT COMMUNITY SAVES WATER AND ENERGY
Sitka, a 384-unit apartment complex in Seattle’s South Lake Union neighborhood, takes sustainable design seriously. Designed by Runberg Architecture Group for Vulcan Real Estate, it won a 2019 PCBC Gold Nugget award for Best Innovative Energy Design. But it also has a greywater recycling system that reuses wastewater from showers, washing machines, and dishwashers to irrigate the landscaping. Berger Partnership (land planner), Lair Design (interiors), and Exxel Pacific (builder) round out the team. Photo: Vulcan Real Estate
APARTMENT TOWER DUO ‘GRACE’ HISTORIC AREA OF LOS ANGELES
The LEED Silver–certified Griffin on Spring is one of two 24-story towers Holland Partner Group has completed in the Historic Core and Fashion Districts at 8th and Spring Streets, Los Angeles. The $160 million Griffin (shown here) has 275 apartments; the $162 million Grace on Spring has 300. Both have rooftop lounges, yoga studios, and entertainment lounges with billiards, kitchens, and sports bars. Griffin project team: MVE + Partners (architect, land planner); Omgivning (interior design); Glotman•Simpson U.S. (structural engineer); RELM (landscape design); Holland Construction Group (GC). Photo: Vulcan Real Estate
Related Stories
Multifamily Housing | Feb 18, 2015
Make It Right unveils six designs for affordable housing complex
BNIM is among the six firms involved in the project.
Office Buildings | Feb 18, 2015
Commercial real estate developers optimistic, but concerned about taxes, jobs outlook
The outlook for the commercial real estate industry remains strong despite growing concerns over sluggish job creation and higher taxes, according to a new survey of commercial real estate professionals by NAIOP.
Multifamily Housing | Feb 17, 2015
NYC multifamily sales increased by 39% in 2014
For New York City as a whole, $20 million-plus deals accounted for more than half of all transactions.
Multifamily Housing | Feb 17, 2015
California launches pilot program to finance multifamily retrofits for energy efficiency
The Obama Administration and the state of California are teaming with the Chicago-based MacArthur Foundation on a pilot program whose goal is to unlock Property-Assessed Clean Energy financing for multifamily housing.
Multifamily Housing | Feb 17, 2015
Young Millennials likely to return home
Ninety percent of individuals born between 1980 and 1984 and who hold a Bachelor’s degree left home before they were 27 years hold. However, half of this group later returned to their parents’ home, according to a study by the National Longitudinal Study of Youth.
High-rise Construction | Feb 17, 2015
Work begins on Bjarke Ingels' pixelated tower in Calgary
Construction on Calgary’s newest skyscraper, the 66-story Telus Sky Tower, recently broke ground.
Mixed-Use | Feb 13, 2015
First Look: Sacramento Planning Commission approves mixed-use tower by the new Kings arena
The project, named Downtown Plaza Tower, will have 16 stories and will include a public lobby, retail and office space, 250 hotel rooms, and residences at the top of the tower.
Codes and Standards | Feb 12, 2015
New Appraisal Institute form aids in analysis of green commercial building features
The Institute’s Commercial Green and Energy Efficient Addendum offers a communication tool that lenders can use as part of the scope of work.
Multifamily Housing | Feb 9, 2015
GSEs and their lenders were active on the multifamily front in 2014
Fannie Mae and Freddie Mac securitized more than $57 billion for 850,000-plus units.
Multifamily Housing | Feb 6, 2015
Fannie Mae to offer lower interest rates to LEED-certified multifamily properties
For certified properties, Fannie Mae is now granting a 10 basis point reduction in the interest rate of a multifamily refinance, acquisition, or supplemental mortgage loan.
