TIGHT SITE NO OBSTACLE for this SEATTLE TEAM
Photo: Aaron Locke Photography
Columbia Pacific Advisors’ project team for The Danforth, a 16-story tower in Seattle, had barely 22,000 sf of site in which to squeeze in 265 apartments, a 53,000-sf Whole Foods grocery, and five levels of below-grade parking. Tiscareno Associates (architect) led the team of DCI (structural engineer), GGLO (interiors), and Howard S. Wright (GC), a Balfour Beatty US company.
Photo: Aaron Locke Photography
Photo: Aaron Locke Photography
GOING DEEP TO SAVE ENERGY in Minneapolis
Photo: Dominium
Dominium, a developer of affordable housing based in the Twin Cities, has turned the 90-year-old Lake Street Sash & Door Company property into Millworks Lofts, 78 one-, two-, and three-bedroom lofts, some with 12-foot ceilings. Rents range from $1,003 to $1,387; residents’ income is restricted to 60% of AMI. The property, in South Minneapolis, was placed on the National Register in 2016, enabling Dominium to capitalize on historic tax credits. Ninety-six wells were drilled 225 feet deep to create a geothermal heating/cooling system. BKV Group was the architect; Weis Builders was the GC.
affordable housing for special-needs tenants
Photo: KFA Architecture
West Hollywood (Calif.) Community Housing Corp. anticipates LEED Platinum certification for Blue Hibiscus, a four-story, 22-unit community for low-income (30% of AMI) households with special needs. Residents receive Section 8 rental assistance and support services. Architecture firm KFA, working with Dreyfuss Construction (GC), designed 21 of the one-bedroom apartments to be fully adaptable for the sensory-impaired; five of these have been set aside for homeless youth emerging from foster care.
Photo: KFA Architecture
LENDLEASE COMPLETES RESIDENTIAL TOWER ON THE CHICAGO RIVER
Photo: LendLease
International property and infrastructure group Lendlease has built and developed The Cooper at Southbank, a 29-story, 452-unit tower, the first in a set of five structures that will form Southbank, a seven-acre neighborhood along the South Branch of the Chicago River. The Cooper offers studios, one- and two-bedroom apartments, penthouses (1,124 to 1,997 sf), and 26 rental townhomes at the base, 11 of which are tri-levels. A sixth-floor amenity space has a pizza oven, Namaste Nook, and virtual sports simulator. Coming soon: a two-acre park connecting to the Riverwalk, with kayak launch and water taxi stop.
LUXURY COMPLEX opens IN LA’S KOREATOWN
Photo: David Guettler
VTBS Architects (designer), Nadia Geller Designs (interiors), and CBG Building Co. have completed The Pearl on Wilshire, a 346-unit apartment community in Los Angeles’s Koreatown neighborhood for developer Cityview. Studios and one-and two-bedroom residences in 17 floor plans sit atop 8,300 sf of retail space. Amenities: bocce court, Korean BBQ grills, fitness center with yoga room and Fitness On-Demand, Uber/Lyft waiting area, charging stations, and dry cleaning, housekeeping, and dog walking services. The Pearl is a three-block walk from the Wilshire/Western rail stop.
Photo: David Guettler
Photo: David Guettler
Related Stories
Student Housing | Jun 20, 2024
How student housing developments are evolving to meet new expectations
The days of uninspired dorm rooms with little more than a bed and a communal bathroom down the hall are long gone. Students increasingly seek inclusive design, communities to enhance learning and living, and a focus on wellness that encompasses everything from meditation spaces to mental health resources.
MFPRO+ News | Jun 20, 2024
National multifamily outlook: Summer 2024
The multifamily sector continues to be strong in 2024, even when a handful of challenges are present. That is according to the Matrix Multifamily National Report for Summer 2024.
Multifamily Housing | Jun 17, 2024
Elevating multifamily properties through quiet luxury
As the demands of urban living continue to evolve, the need for a tranquil and refined home environment has never been more pronounced.
Multifamily Housing | Jun 14, 2024
AEC inspections are the key to financially viable office to residential adaptive reuse projects
About a year ago our industry was abuzz with an idea that seemed like a one-shot miracle cure for both the shockingly high rate of office vacancies and the worsening housing shortage. The seemingly simple idea of converting empty office buildings to multifamily residential seemed like an easy and elegant solution. However, in the intervening months we’ve seen only a handful of these conversions, despite near universal enthusiasm for the concept.
Adaptive Reuse | Jun 13, 2024
4 ways to transform old buildings into modern assets
As cities grow, their office inventories remain largely stagnant. Yet despite changes to the market—including the impact of hybrid work—opportunities still exist. Enter: “Midlife Metamorphosis.”
Affordable Housing | Jun 12, 2024
Studio Libeskind designs 190 affordable housing apartments for seniors
In Brooklyn, New York, the recently opened Atrium at Sumner offers 132,418 sf of affordable housing for seniors. The $132 million project includes 190 apartments—132 of them available to senior households earning below or at 50% of the area median income and 57 units available to formerly homeless seniors.
MFPRO+ News | Jun 11, 2024
Rents rise in multifamily housing for May 2024
Multifamily rents rose for the fourth month in a row, according to the May 2024 National Multifamily Report. Up 0.6% year-over-year, the average U.S. asking rent increased by $6 in May, up to $1,733.
Apartments | Jun 4, 2024
Apartment sizes on the rise after decade-long shrinking trend
The average size of new apartments in the U.S. saw substantial growth in 2023, bouncing back to 916 sf after a steep decline the previous year. That is according to a recent RentCafe market insight report released this month.
Multifamily Housing | Jun 3, 2024
Grassroots groups becoming a force in housing advocacy
A growing movement of grassroots organizing to support new housing construction is having an impact in city halls across the country. Fed up with high housing costs and the commonly hostile reception to new housing proposals, advocacy groups have sprung up in many communities to attend public meetings to speak in support of developments.
MFPRO+ News | Jun 3, 2024
New York’s office to residential conversion program draws interest from 64 owners
New York City’s Office Conversion Accelerator Program has been contacted by the owners of 64 commercial buildings interested in converting their properties to residential use.
