Home Builder Developer - Interior Renovation and Design
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October 13, 2020 by
Mr HomeBuilder
The Campus will attract significant inward investment, creating high value jobs in the region, and accelerating the development and deployment of new drugs, diagnostics and healthcare technologies to patients.
Birmingham is set to lead the delivery of medical innovation in the Midlands through the development of Birmingham Health Innovation Campus; attracting significant inward investment, creating high value jobs in the region, and accelerating the development and deployment of new drugs, diagnostics and healthcare technologies to patients.
The Campus will be the only science park in the Midlands dedicated to translational health and life sciences research and will sit at the heart of an already well-established critical cluster of health excellence led by Birmingham Health Partners (BHP) - a strategic alliance between the University of Birmingham and two co-located NHS Foundation Trusts - University Hospitals Birmingham and Birmingham Womens and Childrens.
The development of the 10-acre Birmingham Health Innovation Campus is being delivered through a long-term collaboration between the University and the UKs leading property provider for the science and technology sector, Bruntwood SciTech, a 50:50 joint venture between Bruntwood and Legal & General.
The Campus will provide up to 657,000 sq ft state-of-the-art lab, office and incubation space providing co-location opportunities for all stages of health and life science businesses. The first phase includes a 133,000 sq ft, six-storey building housing a new innovation centre the Precision Health Technologies Accelerator (PHTA) - that will bring together the leading strengths of the region in genomics and diagnostics for healthcare technologies development and evaluation, clinical trials and healthcare data and informatics. The PHTA will provide a range of prototyping, incubation and laboratory facilities for early-stage businesses and access to business support to develop and rapidly bring innovations to market.
The first phase building will also provide space for larger, more established SMEs and scaleups working in medtech, precision medicine, diagnostics and digital healthcare, creating a thriving cluster of businesses working together and in collaboration with the surrounding clinical and academic community.
The 10-acre site has already received development funding from Birmingham City Council and the Greater Birmingham and Solihull Local Enterprise Partnership and has been designated a Life Science Opportunity Zone by the Department for Business, Energy and Industrial Strategy (BEIS). It will catalyse the development of a new high-growth life sciences cluster for the city and region and by 2030 Birmingham Health Innovation Campus will have seen 210m investment, creating around 10,000 new jobs, and delivering more than 400m GVA to the local economy.
Professor Tim Jones, University of Birmingham Provost and Vice-Principal, explained: With access to Birminghams world-class genomics laboratories, health data programmes, healthcare technology development teams, clinical trials leadership and academic expertise, Birmingham Health Innovation Campus will become the ideal place for innovative health and life sciences businesses to thrive.
This ambitious new development will leverage the existing integrated BHP ecosystem to drive innovation and economic growth all centred on a shared mission to transform the health of all citizens, in Birmingham and beyond, by accelerating the development and adoption of healthcare innovations.
Dr David Hardman, Managing Director of Bruntwood SciTech, commented: This is a huge opportunity for the UKs life science sector. By creating an environment that will not only help businesses to form, scale, collaborate and grow, we will establish a new thriving life sciences hub, which will create much needed capacity for the West Midlands and help to attract further international investment to the region and beyond.
Working alongside Birmingham Health Partners, Birmingham Health Innovation Campus will help to align academic, NHS and industry capabilities. It will also provide additional much-needed world class facilities for pioneering healthcare businesses and will bolster the UKs position as a life sciences leader on the global stage.
Andy Street, the Mayor of the West Midlands, said: Life sciences is an incredibly exciting and important sector that we have been quietly growing in the West Midlands over the last few years. Now with todays announcement we are cementing our ambition to be one of the global leaders in this sector.
The timing of this announcement, given the clear current economic challenges, is also critical. By acting as a catalyst for investment, the campus will help to create a significant number of high-quality, well-paid, local jobs for local people.
Todays announcement is momentous for the West Midlands. I applaud Birmingham Health Partners and welcome Bruntwood SciTech, and I am pleased to have played my part in making it happen.
Eleanor Jukes, Strategic Investment Manager Future Cities at Legal & General Capital, said: The Birmingham Health Innovation Campus, once completed, will provide world-leading office and lab facilities which will not only boost economic growth and job opportunities in the region, but also aid the development of potentially life-saving treatments and technologies. Over the next ten years this landmark scheme will unlock over 10,000 new jobs and contribute around 400m to the local region, acting as a major catalyst for economic recovery in the wake of Covid-19.
Work will begin on an extensive public consultation in the coming months, with the first phase currently set to complete in 2023.
For more information please contact Citypress:
Callum Brown:callum.brown@citypress.co.uk Tel:0161 235 0361
About University of Birmingham
The University of Birmingham is ranked amongst the worlds top 100 institutions. Its work brings people from across the world to Birmingham, including researchers, teachers and more than 6,500 international students from over 150 countries.
Bruntwood SciTech
Bruntwood SciTech is the UKs leading developer of innovation districts, creating the environments and ecosystems for science and technology businesses to form, scale and grow.
A 50:50 joint venture between leading property company Bruntwood and Legal & General, Bruntwood SciTech provides high quality office and laboratory space and tailored business support, offering unrivalled access to finance, talent and markets, an extensive clinical, academic and public partner network and a sector-specialist community of over 500 companies.
Bruntwood SciTech has unique experience in creating and developing strategic partnerships with UK regional cities, universities and NHS Trusts to drive economic growth through investment in science and technology infrastructure.
Bruntwood SciTech has a portfolio of over 1.8m sq ft including Alderley Park in Cheshire, Platform in Leeds, Innovation Birmingham, a cluster in the heart of Manchesters Oxford Road Corridor innovation district - Manchester Science Park, Citylabs 1.0 & 2.0 part of the Manchester University NHS Foundation Trust (MFT) campus and Circle Square - a joint venture with Vita Group and a development pipeline of 850,000 sq ft which includes Birmingham Health Innovation Campus.
About Legal & General Capital
Bruntwood SciTech represents one of a number of Legal & General Capitals recent investments in the health and life sciences sectors. The company is working to nurture and grow a series of innovation districts in key locations throughout the country, including through a 4bn partnership with the University of Oxford and a significant investment in the 24-acre Newcastle Helix, which is home to the UK National Innovation Centre for Ageing and National Innovation Centre for Data. Earlier this year Legal & General formed a 20m partnership with Edinburgh University to develop the Advanced Care Research Centre (ACRC) and, on 14 September, provided a 5m to donation to Newcastle City Council, helping to develop a series of affordable living facilities for elderly people as well as a new model residential care home.
Legal & General Capital (LGC) is the early-stage investment business and alternative assets originator of Legal & General Group. With a direct investment portfolio of 3bn (as at 30 June 2020), LGC invests shareholder capital to deliver attractive financial returns through the development of real assets and operating businesses. LGC self-manufactures attractive, matching adjustment-eligible direct investments to back Legal & General Retirements growing annuity liabilities and creates a portfolio of alternative assets for Legal & General Investment Management, such as build to rent (BTR) housing, specialist commercial real estate, climate and energy infrastructure and principal investing (including funding for SMEs and early stage enterprises).
Legal & General has invested around 25bn in levelling-up regional economies, including through major regeneration schemes in Cardiff, Newcastle and Salford. Legal & General recently made a commitment to enable all new homes across its portfolio to operate at net zero carbon emissions by 2030, including Legal & General Modular Homes, CALA Group, Legal & General Affordable Homes, Build to Rent and Later Living.
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210M world-class life science campus set for the West Midlands - University of Birmingham
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October 13, 2020 by
Mr HomeBuilder
As many people are spending more time at home and the office is being called into question, how is technology being used and adapted in residential real estate and where do we go from here, panellists at a PlaceTech event asked.
PlaceTech: Residential, was hosted by Place North Wests sister publication PlaceTech and sponsored by Node, Bruntwood Works, Mills & Reeve and Mallcomm. This was the latest event under our new conference format, using a platform called Remo that enables networking on digital tables, as well as many other interactive features.
Ticketholders receive a copy of the video recording of the event. To buy access to the video for 25+VAT, email events@placenorthwest.co.uk
Key questions
Main takeaways
Panel one
Martin Prince-Parrott, design manager, Cordia Blackswan
Samantha Rowland, director, senior living, Savills
Dan Pollard, chief manufacturing officer, Ideal Modular Homes
Judith Sykes, senior director, Expedition Engineering
In August, Liverpool-based Ideal Modular Homes landed a 300m contract with the Royal Borough of Greenwich proof that off-site construction in the residential sector is now accepted? Ideals Dan Pollard said: We certainly hope so the methods we use and the speed we can deliver at are proven, the industrys progressed massively in the last 15 years, and is fully accredited with the insurance and mortgage industries.
We have both wired and wireless systems, depending on the spec; as an industry weve adapted swiftly to regulatory changes.
Shortages in materials and labour in traditional building have been accentuated by Covid, but with the standardised, sustainable supply chains we have weve not been affected as badly we have a fully functional factory, and supply of materials hasnt dried up.
Another prominent topic during Covid has been the rise in active travel, but are developers looking to factor this in? Judith Sykes said there are forward-thinking developers who try and see things holistically but that theres a long way to go: the majority of housing coming forward nationally is barely above building regulations, although the Future Homes Standard will help.
Sykes said that evidence is emerging of renewed rural desirability: Were now seeing rural communities many thought of as unsustainable come to the fore, but how do you build home-working into that? How do you make it connected and affordable, with the infrastructure necessary to link into larger conurbations?
Weve been looking at this for two years and are now being inundated as people see the value of the model. No one wants to commute all the time, or be in their home all the time, so third spaces are key too.
The reshaping of town centres is also topical. How do we re-zone urban centres to make them sustainable?
For developer Martin Prince-Parrott, the appeal of modular is in clarity of cost and timeframe. He agreed that leaving the city is a theme:
The biggest swing in interest right now is from urban core to suburban lower density. City living has been at the top of the agenda for a long time because of efficiencies, but take away socialising, restaurants, communities, what are you left with? Not enough, for too many people. They default to a human desire for space, the opportunity to exercise, and to be around a community thats around more often
How do you make it work? Design around people the companies that excel, from Apple to Zoom, have fulfilled a need people have and moved quickly.
Co-living might grow, its a market created by often-poor HMO provision. The cost of renting a one-bed flat is prohibitive for some young people living and working in one room isnt ideal, so co-living can offer balance and community, the chance to be around people of your own age.
Repurposing retail is tough because with larger floorplates light doesnt reach the centre.
Provision of care and senior living space is much talked about, and Samantha Rowland confirmed there is a distinct lack of supply.
Affordability is also an issue. She said: The mid-market is something everyones focusing on more now, getting more mixed tenures: rent, shared ownership, outright sale. Give people choice at its core, this is about realising this generation is living independently for longer but also offering benefits of being part of an organised living community.
Rowland added: I can see reworked shopping centres working: senior people want to be close to shops and cafes, they like to get out and enjoy retirement some operators already starting to snap up retail facilities to redevelop for senior living.
Panel Two
Lucy Sharp, head of corporate PR, Moda Living
Victoria Davies, principal associate, Mills & Reeve
Henry Pethybridge, director, WiredScore Home
James Owusu, founder, CubicLease
Lucy Sharp, presenting, said:
Moda is a 2013-founded build to rent specialist, looking to establish next-generation neighbourhoods Angel Gardens in Manchester opened last year and the Lexington in Liverpool opens next year.
Tech plays a fundamental role in the day-to-day life of our residents, which started with our My Moda app, which allows people to manage what they need: concierge, rent payment, potential upgrades, reservations. During lockdown it kept people our residents and more connected, at one point we were screening events to 33,000 people: balcony workouts ,wine-tasting, cooking classes.
Were now partnering with Utopi. We can improve user experience hugely, the wellness of the building gives the best living experience, and measuring temperature, humidity, windspeed, CO2, all plays into that.
Modas partners help the developer use tech to improve the residents experience
Have people and places with greater tech felt the benefit during Covid? And how can tech be part of things in a future that looks less certain?
Henry Pethybridge said: Covid has accelerated digital transformation and things are changing faster: were seeing a doubling down on futureproofing digital infrastructure to cope with buildings for five to 10 years. One challenge for residential developers is adapting layouts to support home working better.
A better definition of smart buildings is needed, and weve created a smart council, with 40 key players: it will work by focusing on user outcomes and build back to what tech empowers. We see four key areas: providing inspirational user experience, cost-effectiveness, performing well on sustainability, and being future-proof.
Pervasive wifi is now essential in development: three years ago, people only expected it within apartments, so it wasnt factored in, but people have so many devices now and expect seamless service. Its not easy to retrofit for, so important to factor into current projects. Another factor is tall buildings: phone masts are only ten storeys tall, so people at the top of tall buildings absolutely need wifi.
Sharp said: Its really important to build tech in as much as you can at the blueprint stage, Utopi have worked with us to design buildings with sustainability in mind, driving operational costs down, possibly by 3m to 4m across a development.
We use aggregated anonymised data, protecting privacy, to show levels of use of facilities, and promote things accordingly, or over time dedicate more space to in-demand things, such as co-working space. The app keeps people up to date on workspace available, whats being cleaned following use being safe in that knowledge that youre using a workspace thats just been cleaned feels groundbreaking right now.
Its about using data to work out the best way to change how a building works in future.
James Owusu said: One of the things tech should enable is the speed people can move in, integrating different parts of the viewing and administrative processes. It needs secure information flow, and we provide that.
Weve talked about hotelisation and things are heading that way for parts of the market. One area of interest is people coming in to work in different countries on short-term visas, and making that process as easy in easy out as possible.
Smart tech shouldnt drive up prices the key benefit is driving down operational costs, and a good developer should be able to fix problems without upping costs.
Victoria Davies said that expectations are high at the top end: Clients spending millions on a house expect everything to work straight away.
There are more people leaving cities, now with a clearer idea of what they want: a home that will support two people home-working, but also home-schooling, it needs to have the data infrastructure, and also access to green space. The priority had been to be near transport links, but people are prepared to be further out now.
With that in mind, tools like digital walkthroughs are hugely important the VR experience will become the norm.
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Residential sector expands offer to fit shifting demands - Place North West
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October 13, 2020 by
Mr HomeBuilder
Liverpool City Region has launched a programme that could make it a national centre of excellence for modern methods of construction for housing and related infrastructure.
The programme will develop cutting edge technology to retrofit existing homes and build new homes with new, state-of-the-art, methods of construction.
It is being developed in a collaboration between the Liverpool City Region Combined Authority, the Manufacturing Technology Centre (MTC), the Construction Innovation Hub, Peel Land and Property, Torus Group, Housing Associations, and industry partners.
The programme will aim to retrofit 10,000 homes over the next 10 years, bringing them up to at least the EPC (Energy Performance Certificate) C rating for energy efficiency, as part of a post-COVID recovery stimulus package, while developing and upskilling the workforce by applying new methods and systems of refurbishments and construction.
Under the new build element of the programme, the MTC and LCR stakeholders have aggregated an initial pipeline of more than 6,500 homes to be built over 10 years.
At the same time, it will support the development and success of the modular, digitised manufacturing sector in the LCR, increasing productivity, ensuring a strong supply of employment opportunities across the supply chain, and supported by an apprenticeship programme.
Todays announcement marks the beginning of the first phase of the LCR National Centre of Excellence in Modern Methods of Construction for Homes project, one of the key projects in the city regions 9bn Building Back Better economic recovery plan, launched in August.
The programme will focus on an initial pilot using a sample of Torus properties, which will provide insight and intelligence to inform a larger programme. Torus is a social purpose regeneration and housing group, the largest in the North West, where all profits are reinvested to build stronger communities.
Liverpool City Region Metro Mayor, Steve Rotheram, said: Even in difficult times, our region is constantly looking for better ways of doing things.
The Modern Methods of Construction project has the potential to be an industry leader in new and innovative ways of getting houses built and, I hope, help to tackle the UKs housing crisis.
This also has the potential to radically improve energy efficiency across the region through a comprehensive retrofitting scheme, which should not only address energy poverty in some of our poorest communities, but help us save the planet, too.
Whilst we fight for existing jobs, especially in the hospitality sector, it is vital that we focus on pushing forwards in developing new sectors and skills that will bring us thousands of new jobs post-COVID-19.
He added: The past few months have been exceptionally difficult, but I am determined that our region will Build Back Better from them. Ill be doing all I can to make our region greener, fairer and more resilient than before.
The Modern Methods of Construction programme will develop specialist technologies which aim to achieve significant reductions on initial and life cycle costs, halve delivery times, and realise the following benefits:
Carbon Reductions the work will contribute to reducing carbon emissions in all those properties retrofitted, providing a first stage to retrofit for the remaining homes not reaching the standard in the city region in line with carbon targets.
Reduction in Fuel Poverty many of the homes targeted will contain households who are in fuel poverty and the work will reduce energy bills. The Liverpool City Region has a high incidence of fuel poverty compared with the national average (14% in LCR above the national average of 10%).
Health Benefits linked to the reduction in fuel poverty, residents will also be able to adequately heat their homes leading to a reduction in poor health impacts, especially those with existing health conditions such as asthma, COPD and other respiratory illnesses.
Shared and Assisted Living there is currently a lack of diversified housing stock to meet the needs of younger generations, the ageing population and social minority groups. Affordable housing alone cannot fulfil this need. Modular housing allows for the creation of contemporary shared living models. This can offer a solution to the challenges facing society such as unaffordable rent, loneliness and isolation, and the mobility requirements of an ageing population.
Increased Skills & Employment the work will provide new and increased jobs in many trade skills with a wide range of levels of learning opportunities. Housing retrofit is one of the best generators of jobs for expenditure with an estimated 30 jobs per 1.3m spend. For every 1m spend there will be at least one new apprenticeship created as part of the contracts as well as other learning opportunities at schools, colleges and local SMEs.
Process Innovation in partnership with the MTC, and in line with an ambition to become the National Centre of Excellence of Modern Methods of Construction, the programme will be deployed using cutting-edge methodologies, reducing unitary costs and increasing quality, while developing new trade skills for the supply base.
Innovation several companies in the city region and the North West have already created new technologies such as infrared radiators which can be tested at scale in real life situations to demonstrate their effectiveness for more widespread usage. Further innovations will be developed and tested with the MTC partnership to further reduce costs and innovate in retrofit housing. Industrial and academic partners will also be involved in ensuring innovation is incorporated into the programme and its delivery.
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Region aims to pioneer modern methods of construction to boost economic recovery - The Business Desk
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October 13, 2020 by
Mr HomeBuilder
So says the man heading the redevelopment of Wigan Piers famous buildings, although in this instance Harinder Dhaliwal is talking about the new homes that have sprung up alongside them.
The ready-made modules arrived shrink-wrapped on the backs of lorries from a factory in Derbyshire over the August bank holiday weekend and were lowered and stacked by crane to overlook the Leeds and Liverpool Canal, causing quite a stir in the process.
Since then, workmen have been putting the finishing touches to the eight town houses who should be welcome residents within weeks.
So what is so special about these waterside dwellings that makes them worth their 270k to 285k asking prices?
Well the two main things are that they come virtually ready to live in, bar bringing your own furniture and other possessions, and they have all manner of mod cons and eco-friendly features in the quest for comfortable and carbon-neutral 21st century living.
And there has been no shortage of interest in the properties, says Mr Dhaliwal, the MD of Manchester-based Step Places, as he gives us a tour of the show home. While there are a few finishing touches to be put to the overall site, three have already been snaffled up and there have been people of all ages and backgrounds showing an interest in the in the remainder.
He added: As a place-making business we are always looking to future-proof our homes.
We dont cut corners and all kinds of features here come as standard that would not be in the price of a national house-builders home.
One feature is an air source heat pump: a low energy heating system which extracts warmth from the air and is seen as the future of domestic heating, especially as gas will be abolished in all new homes (apart from for use in cookers) by 2023.
The sound-proofing (and heat-proofing for that matter) is remarkable. The front of the homes is but a few yards from Wallgate and at the time of the tour, heavy traffic was swooshing past in heavy rain. Yet when the door was properly closed, not a sound from outside could be heard. All flooring and tiling is already in place for the new residents - in fact they were in place before arriving in Wigan!
There is decking at the rear looking out onto the canal. It is made from recycled plastic so is extremely low maintenance and each of the three-storey buildings has a roof terrace on the top floor.
The homes are fitted with alarms while security lighting and an outdoor plug for a computer or heater are also handy extras.
The master bedroom with en suite is on the top floor, a second bedroom, also with en suite on the middle storey along with a third room that could either be used as an office or a third bedroom and off from the ground floor kitchen is a room which can double as a downstairs toilet and utility room.
Mr Dhaliwal said: The term of the moment is MMC: modern methods of construction and this is exactly what these modular homes are.
They are the future of house-building in many ways. Everything is done to a high specification and there are all manner of features that would in the past not have come as standard.
By doing so much of the work in the factory - including flooring, tiles, windows and doors - you are able to maintain a consistent standard of excellence which building regulators expect of developers these days. And it can also save time. On rain-drenched days like this one you would not be able to have a bricklayer on site, but this way, all that comes ready done on the back of a 38-tonnne lorry.
It is also virtually maintenance-free.
Mr Dhaliwal said there were still a few matters to attend to including some landscaping and the creation of an allotment on the land between the final home and Seven Stars Bridge, but otherwise the project had been completed in a matter of six months, the first part of it having involved laying the services and foundations.
He added: We are very proud of this project. There is nothing else like it anywhere else in Greater Manchester, never mind Wigan, so far as I know. And we want people to move into something that is more than just a place but a home.
And so what of the trio of Pier buildings that Step Places have also been working on?
The homes were meant to be the final part of the sites jigsaw but are now set to be the first to be completed.
Well, work has slowed on the attractions refurbishment due to the Covid-19 pandemic - and has also taken longer than expected because of all kinds of quirks and faults being gradually uncovered in the venerable buildings - but it hasnt stopped.
Externally Mr Dhaliwal says that there are more railings to renovate, several doors to install and the section between what used to be The Orwell and The Way We Were (Now Piers No3 and No4) tidied up and landscaped.
The last of these will be left until last because so many heavy vehicles have been driving all over it throughout the work.
Once that is complete Step Places can concentrate on the inside. A huge amount of rotten timber work has already been replaced although there is a keenness to keep as many features from the buildings industrial and touristy pasts in place as possible when they are used as a food hall, micro brewery and events venue.
The next step is to install the M&E - mechanical and electrical features - including plumbing, power and ventilation.
Mr Dhaliwal said he reckoned that that would take four to five months to complete, after which a future-proofed shell will be handed over to The Old Courts and businesses to fit out.
His best guess at an opening date for the public was next June.
He said: This is a very special project and we want to get every aspect of it to be just right.
When it opens I am sure it will be well worth the wait. There wont be anything like this for miles around and I think people will come to visit from a long way away.
The original dateline for opening had been earlier this year, then it moved to October and now, due to Covid and the Old Courts saying recently that they need to concentrate on generating more money for their Royal Court Theatre project on King Street before turning to the Pier, there had been fears it might keep slipping further and further into the future.
But Becca Heron, Wigan Councils director for economy and skills, said: We remain as committed as ever to the opening of Wigan Pier with a long-term vision of developing a new offer that will attract visitors, which includes culture, leisure and employment opportunities.
The opening of the Pier has never been more important with the cultural and events sector being badly hit by the pandemic and we hope itll be operational in early 2021.
A picture special of the Pier homes interior will be published on Friday October 9
The Wigan Observer and Wigan Post are more reliant than ever on your taking out a digital subscription to support our journalism. For unlimited access to Wigan news and information online, you can subscribe here: https://www.wigantoday.net/subscriptions
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Housing boss lifts the lid on Wigan Pier's new homes - Wigan Today
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October 13, 2020 by
Mr HomeBuilder
LAKEVIEW Developers have started construction on a seven-story luxury apartment building that will replace the neighborhoods Treasure Island Foods, which closed in 2018.
Optimas project at 3460 N. Broadway will bring 198 one-, two- and three-bedroom rental apartments and street-level retail space to the neighborhood, according to a news release from the developer. Its set to be finished in 2022.
The building will feature 40,000 square feet of amenities, including a sky deck with a pool, spa and party room; an indoor basketball court; a golf simulator and putting green; a fitness center; a yoga room; a dog park and pet spa; a childrens play area; a game room and a demonstration kitchen.
Floor plans for units average 1,053 square feet, giving residents who work from home extra space to set up an office, developers said. The building will also have two conference rooms and a business center.
As a transit-oriented development it sits about a half-mile from the Addison Red Line station the building will have 98 fully-enclosed parking spaces and storage for 208 bicycles, developers said.
The project faced pushback from neighbors last year who were concerned the building was too big and too dense for the site near Broadway and Cornelia Avenue.
The initial design called for an eight-story building with almost 250 units before it was scaled down, according to the Tribune.
David Hovey Sr., a fellow of the American Institute of Architects and CEO of Optima, said he designed the buildings facade to blend in with the rest of the Lakeview community.
The exterior features a palette of warm-toned materials, such as bronze glass and dark brick, and the building has a series of deep recesses and setbacks, allowing for landscaped terraces on its upper levels.
Weve incorporated design cues from the surrounding areas architecture while still staying true to the modern design aesthetic Optima is known for, resulting a forward-looking building grounded in Chicago sensibility, Hovey said.
An atrium will be built in the center of the building with a skylight on the roof, developers said. Apartments and building amenities will be built around the atrium.
Were always looking for ways to bring light and connection to nature into our projects as people crave these elements, especially now as many of us are spending more time in our homes, Hovey said.
More details on the project can be found on Optimas website.
Other former Treasure Island locations have been replaced: The Hyde Park site became a Trader Joes, which opened last year, and the Lincoln Park location became a Brooklyn Boulders climbing gym, which opened earlier this year.
Jake Wittich is aReport for Americacorps member covering Lakeview, Lincoln Park and LGBTQ communities across the city for Block Club Chicago.
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Construction Begins On Luxury Apartment Complex At Former Site Of Treasure Island Grocery Store - Block Club Chicago
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October 13, 2020 by
Mr HomeBuilder
In Official Letter No. 4757/BXD-QLN dated October 1 , 2020, Department of Construction (DOC) stated that, under Article 10 of Law on Housing 2014, House owners are organizations, domestic family, individuals, overseas Vietnamese are intitled to use the house for residential purposes and other purposes not prohibited by law; at the same time, Article 6 of this Law also prohibits the use of apartments for non-residential purposes.
At Article 35 of Decree No. 99/2015/ND-CP dated October 20 , 2015 of Government detailing and guiding the implementation of some articles of Law on Housing stipulates prohibited acts in management and use of an apartment building such as arbitrary conversion of functions and use purposes of the apartment building; carry out the prohibited acts specified in Artilce 5 of Law on Housing.
Therefore, according to the Law on Housing, the act of using an apartment for non-residential purposes such as doing business on hourly or short-term rental services is prohibited.
Circular No. 02/2016/TT-BXD dated February 15 , 2016 ofMinister of Construction issuing the Regulation on management and use of apartment buildings. At Article 48 and 49 of Regulation No. 02 specify the responsibilities of Peoples Committee of wards and districts in handling according to their competence or by requesting competent authorities to handle violations actsin the management and use of the apartment building.
Violations in management and use of the apartment building will be administratively sanctioned according to the provisions of Decree no. 139/2017/ND-CP dated November 27 , 2017 of government on penalties for administrative violations against regulations on investment and construction; extraction, processing and trading of minerals used in construction, production and trading of building materials; management of infrastructural constructions; real estate business, housing development, management and operation of apartment buildings and office buildings.
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Ministry of Construction has issued Official Letter No. 4757/BXD-QLN dated October 01 , 2020 responding the recommendations of voters of Ho Chi Minh...
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October 13, 2020 by
Mr HomeBuilder
CLEVELAND, Ohio Construction on The Lumen, a 318-unit apartment building in the heart of Playhouse Square in Cleveland, is now completed as the market for renting in the city faces an uncertain future.
Management at the 396-foot, 34-story tower at Euclid Avenue and East 17th Street began leasing apartments on lower floors of the building in July as work continued higher up.
As of Tuesday, 86 apartments are spoken for, Playhouse Square spokeswoman Cindi Szymanski said in an email. While some prospective tenants prefer units closer to the ground, many want to be on the upper levels, said Matt McClung, senior community manager for Greystar, the company managing the building.
Rent ranges from $1,430 for a 572-square foot one-bedroom apartment to $7,342 for a three bedroom, 1,932-square-foot penthouse, which Playhouse Square senior adviser Art Falco described as being at the high end of the market for such units.
Falco, during a Sept. 30 tour, pointed out the amenities and flourishes to differentiate from other options downtown renters have, which include older mainstays and newly renovated buildings such as the Historic May Co. Building. Even in the buildings smallest apartment, he pointed to an impressive look down Euclid Avenue, with the arts district, the theater marquees and its famous chandelier on full display.
Take a look at this view, though, said Falco, the former longtime president and CEO of Playhouse Square, the nonprofit that oversees the theater district and owns the building. Again, this is the ninth floor.
Other units higher up the building offer more expansive views of downtown and the lakefront.
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The Lumen luxury apartment living in Cleveland, September 30, 2020
Construction workers broke ground on the $135 million project, which also includes a 530-space parking garage for tenants and the public, in April 2018. Playhouse Square touts it as the largest residential project in downtown Cleveland in four decades. Work was scheduled for completion this summer, though the coronavirus pandemic delayed completion by a few weeks, Falco said.
The projects finances included tax-exempt bonds, a $15 million gift from the Richard J. Fasenmyer Foundation and a $10 million loan from Cuyahoga County.
The buildings opening comes during what could end up being a challenging time for downtown residential landlords. The state required nonessential businesses to close and forbade dining at restaurants, which hollowed out office buildings and downtown as a whole during the early months of the coronavirus pandemic.
Some real estate agents also said they have talked to city apartment dwellers who are looking to buy homes that afford them more space, in part because the pandemic forced them to work from home.
While its unclear whether demand for downtown apartments will drop in the long term, recent statistics are not promising.
The Downtown Cleveland Alliance said in a report that 13.7% of apartments were vacant in the neighborhood at the end of June, compared with 7.8% during the same period last year. Some developers are worried that downtown has too many apartments, even as others propose plans to add even more.
McClung said about 37 percent of its apartments or about 118 units must be leased by the end of the year to make budget.
They hope the views and 22,000 square feet of indoor and outdoor amenities can be enough for new renters, retirees and athletes to live in the building. This includes an outdoor terrace with grills, a pool, a fitness center with workout machines and a yoga studio, a rooftop deck and a pet spa.
Falco said that architects SCB of Chicago and adviser Vocon of Cleveland added touches to make it a premier property. From the get-go, he said the interior design of much of the building was inspired by theaters. It starts at the entrance too, with the mosaic of the Greek goddess Selene, and many common areas and hallways also feature shots from productions from Great Lakes Theater and Cleveland Play House productions.
In most projects, the renderings are generally better than the final product, Falco said, making his best pitch. In this case, its the opposite.
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Construction completed on The Lumen at Playhouse Square, adding another tower to Cleveland skyline - cleveland.com
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October 13, 2020 by
Mr HomeBuilder
Theempty Red Cross building (4333 Arlington Blvd) in Buckingham will come down in a few weeks to make way for a new apartment building called The Cadence.
The building, developed by Wesley Housing Development Corporation, will have 97 units, all set aside for low- and moderate-income households. It is part of a complex that includes 19 nearly complete market-rate townhouses a stones throw away.
Local officials, project financiers and construction company representatives gathered for a socially distanced groundbreaking on Tuesday afternoon at the site in Buckingham. The event also commemorated renovations that will begin next year on the neighboring complexes, Whitefield Commons and Knightsbridge apartments, which Wesley also operates for low-income residents.
The cadence that we set has changed tempo a few times, from where we were to where we are going, but were still moving ahead and at this point, we see no reason that we wont stick the rest of the schedule going forward, quipped Shelley Murphy, President and CEO of Wesley Housing.
Mark Weisner, the president of Bozzuto Construction Company, which is building The Cadence apartment building, said his company has a lot of work to do in the next 24 months, when the building is set to open its doors to renters.
Wesleys presence in Northern Virginia continues to grow, as well as its staff.The nonprofit owns and operates 2,000 affordable housing units across the region, with about 690 units located in Arlington, including a mixed-income apartment building in Rosslyn that opened in 2017. The company also provides services and programs to residents.
Libby Garvey, the chair of the Arlington County Board, said this groundbreaking is an important milestone for the county, which like every in-demand urban area struggles to maintain affordable housing when wealthy families also desire to move in.
Healthy communities provide work and housing opportunities for all levels of the social and economic spectrum, Garvey said. The pandemic has shown clearly how important housing is to everyones health.
Murphy said the moderate-income units and market-rate townhouses in The Cadence make good on a promise that Wesley made to the community to bring more income diversity to Buckingham, which has a significant number of affordable housing units already.
We want to make sure we are helping Arlington County build neighborhoods of opportunity, she said.
Knightsbridge and Whitefield Commons provide extremely deep affordability for families with an average income of less than $20,000 and $30,000 a year, respectively, she said. The Cadence will cater to families of four who earn between $62,000 and $80,000 a year.
Wesley also promisedto preserve the Whitefield Commons which was built in 1943 and formerly known as the Windsor Apartments and to encourage residents to seek transportation alternatives to cars. The developer faced someopposition from neighbors, who said Buckinghams percentage of affordable housing units is much higher compared to other neighborhoods.
The project has received state and county funding, loans and tax credits. Additional funding comes from Wesley selling the land for the townhouses to Tysons-based home builderMadison Homes.
See the article here:
Mixed-Income Apartments Break Ground in Buckingham - ARLnow
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October 13, 2020 by
Mr HomeBuilder
ITHACA, N.Y. The Tompkins County Industrial Development Agency can expect a busy meeting on Wednesday, as it reviews a trio of tax abatement applications. Rather unusually, however, they all stem from one project - the Carpenter Park mixed-use development located on Carpenter Circle, between the city's waterfront and Northside neighborhood.
The reason for the three applications is that the three major components of the project - the affordable housing component, the mixed-use retail and market-rate housing component, and the medical office building and clinic are each seeking a different set of abatements, some more generous than others. This would complicate the tax structure of the development such that the developers, Cayuga Medical Center and Park Grove Realty, are returning to the city Planning Board this month to break the 8.9-acre property, which has already received preliminary site plan approval, into three separate tax parcels, one for each potentially tax-abated component.
First up, let's have a look at the affordable housing component. This is a standalone $10.1 million, 4-story, 42 unit apartment building. 32 of the units (26 one-bedroom and 6 two-bedroom apartments) would be set aside for those making 50% AMI or less, which is about $30,000/year or less for a single person, $34,250/year for a two-person household. The other ten apartments (8 one-bedroom and 2 two-bedroom units) would be priced slightly higher, for those making 60% area median income. The building would be built to LEED Certification standards and designed to comply with the city's incoming Green Building Policy.
Technically, this applicant isn't actually a property tax abatement, because it's not based on the future property tax assessment. The developers are seeking a 30-year Payment in Lieu of Taxes, or PILOT agreement, for the affordable housing building, as well as sales tax exemptions on building materials and state tax exemptions on the mortgage recording filing. The annual PILOT payment would be the current tax assessment for that portion of the Carpenter Park property, plus 12% of the net operating income, and allowed to increase 2% per year. The figures are modeled on a similar abatement awarded by the IDA to the rentals in INHS's 210 Hancock project back in 2015.
The PILOT would save $701,434 over 30 years, the sales tax exemption on materials would save $400,000, and the mortgage recording tax exemption would shave $4,125 from the project's expenses, for a total savings of $1,105,559 over 30 years. Over the same 30-year time period of the PILOT, the project would pay an additional $728,461 in property taxes on top of the current taxes paid for that 0.83-acre chunk of the property.
The argument is that the PILOT would reduce expenditures and put the affordable housing proposal in better financial shape. It's something that the state looks for when awarding affordable housing grants - they won't give money unless the project is financially resilient, in that expenditures are paid on-time and in full, and that there's demand for the affordable housing. The grants are very competitive, and the project has already been turned down by the state once. A PILOT or other local tax reduction makes it more appealing to the state, and more likely the housing would get the grants needed to obtain construction loans and actually be built. If they are awarded in the next funding round this fall, the project could start in the spring and would take about a year to build.
Cayuga Medical Center's application is what comes closest to a normal IDA application, though it also comes with the most substantial tax reduction request. This abatement would apply to the 2.08-acre property that would host a new 5-story, 64,000 square-foot building to be occupied by CMC. Non-profit CMC will lease the $32.2 million building from the development team, which they are a part of, but it's a for-profit entity. Like the affordable housing, the building would be designed to meet the City of Ithaca's incoming Green Building Policy.
The primary selling points here are 62.5 full-time equivalent jobs and a walk-in clinic, which would be a welcome addition to the Northside neighborhood. According to the application, "CMC will offer many essential healthcare services at this location that will be Medicaid eligible including womens health, quick urgent care, imaging and specialty services. The programs and services will be targeted to the at-risk minority and low-income community in the City of Ithacas West End Downtown District. This will allow lower-income families to have much better access to health care and essential services."
In return comes a fairly hefty 50-year PILOT request, along with the sales tax exemption on construction materials and the mortgage recording tax exemption. CMC has an unusually strong hand to play with this particular application. Being a non-profit, this portion of the project could be taken off the tax rolls and made tax-exempt through direct CMC ownership, and it's noted in the application. If the PILOT is awarded, the application stipulates the ownership, non-profit or not, will be required to stay taxable throughout the PILOT period. A similar deal played out with Cornell and developer John Novarr's Breazzano Center project several years ago.
The PILOT would save $2,739,078 in property taxes over 50 years. The sales tax exemption on the construction materials would reduce costs by $1.1 million, and the mortgage recording tax exemption would save $70,000, for a total of $3,909,078 in savings. Over the same 50-year time period of the PILOT, the project would pay an additional $8,560,514 in property taxes on top of the current taxes paid for that 2.08-acre chunk of the property.
If awarded, CMC would start construction on the project next March, and the new building would open in around March 2023.
The bulk of the site is included with this submission. This application includes the site improvements (including costs associated with re-configuring the Ithaca Community Gardens) and two mixed-use buildings that would be built in Carpenter Park, 303,255 square-feet in total and carrying an estimated cost of $47.1 million. The six-story buildings would have ground-level retail, parking on the back of the ground floor and on the second floor, and a mix of 1-3 bedroom apartments on floors 3-6. In total, the mixed-use buildings will include approximately 166 market-rate units, 23,000 square feet of commercial space, and 187 internal parking spaces. The project also comes equipped to meet the city's Green Building Policy
Given that this is only creating a few jobs directly and does not fill as critical of a need as affordable housing or a medical clinic to serve lower-income households would, the request here is a more typical 10-year tax abatement. The abatement would save $4,172,103 in property taxes over 10 years. The sales tax exemption on the construction materials would reduce costs by $2.4 million, and the mortgage recording tax exemption would save $95,000, for a total of $6,667,108 in requested savings. Over the same 10-year time period of the tax abatement, the project would pay an additional $2,083,571 in property taxes on top of the current taxes paid for that 5.66-acre chunk of the property, and indirectly supports new sales taxes from the future retail tenants.
If the abatements are awarded, the stated plan in the application is to begin construction in the spring of 2021, with completion two years later. Discussions at city planning board meetings have indicated this portion is the "Phase II" of the site's buildout, to start construction after private equity and affordable housing grants have been secured for the medical building and affordable housing respectively.
Along with the 66.5 full-time equivalent jobs offered in the applications, the project promises over 750 construction jobs over the buildout period (typically, one-third to one-half may be on the site during any one phase, so if they all moved in tandem, it would be more like a few hundred at any given time). The project team estimates 30 to 35% of the construction labor will be locally sourced.
For those interested in having a closer look, the applications are here.
The IDA will have their first look at the application on Wednesday at 2:30 p.m. The meeting will be livestreamed here when the meeting starts. Comments, questions and concerns can be sent to Tompkins County Area Development's Ina Arthur at inaa@tcad.org and should be sent no later than 9 a.m. on Oct. 14.
Read more from the original source:
Carpenter Park redevelopment abatement heads to IDA - The Ithaca Voice
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October 13, 2020 by
Mr HomeBuilder
The purpose of the houses to be built in Hirvensalo, Turku, is to compare the climate effects.
To Turku there are two apartment buildings on the rise that differ only in their materials: one is made of wood, the other of concrete.
The floor plans and apartment areas of both houses are identical. In addition, they are located on the same plot, so the conditions are the same. There are good conditions for comparison, says the CEO of Mangrove in Turku, which specializes in ecological housing construction. Antti Lundstedt.
The houses will be built in Hirvensalo for the City of Turkus rental housing company ICT Asunto, and will include 82 rental apartments.
Construction work is underway. The houses are estimated to be completed in November 2021 and will be built with two different work teams.
The two of you carbon footprint and carbon handprint calculations have been utilized in the design of the new apartment building. They investigate the climate impacts during construction and life cycle.
According to VTT Technical Research Center of Finland, the carbon footprint of a concrete apartment building is 75 per cent larger than that of a wooden apartment building. The comparison included the foundation, bottom floor, exterior and partition walls, midsole and top floor, stairs, windows, doors and balconies.
In this project, we take the research further and take into account, in addition to building elements, the behavior of materials, in-service maintenance, occupant satisfaction, and the carbon footprint of buildings, which in turn lowers the carbon footprint, says Lundstedt.
The results will be reported more comprehensively throughout the life cycle of the buildings, ie also after completion. At the same time, residents experiences of, for example, indoor air and sound insulation are studied.
Mangroves responsible foreman Veli-Matti Toivonen (left) and CEO Antti Lundstedt.Picture: Piritta Fors
Mangrove has built numerous buildings across Finland, the design of which has assessed both the carbon footprint and the carbon handprint.
The best way to reduce the carbon footprint and increase the carbon footprint of the entire life cycle of a building and building is to take them as design starting points and construction goals.
Hirvensalo will be Mangroves first wooden apartment building, but there are already several similar ones on the design table. The Hirvensalo wooden house is built of clt elements, ie multilayer boards, which consist of cross-glued solid wood.
In the wooden apartment building, the design time was about a third longer. We have done concrete projects in the past, so we knew the details better, says the responsible foreman, Mangroves project manager Veli-Matti Toivonen.
In addition to planning, the ecological way of operating is reflected in site operations and recycling arrangements.
Its a big cultural change. In the orientation, we emphasize the responsibility of employees, and different wastes have their own, carefully labeled pallets. For example, due to the higher amount of packaging waste in the finishing phase, a waste compactor enters the construction site. And every employee knows that if only one paint can is hit on the wrong stage, for example, the full price of expensive municipal waste will go from the stage.
New according to the design data, the carbon footprint of a wooden apartment building is about 8.5 percent smaller than that of its concrete double. The carbon handprint of the positive climate effects, on the other hand, is about three times that of a concrete house.
Wood acts as a better carbon sink. Still, it must be remembered that concrete is also needed, which means that both materials are important, says Toivonen.
There are few differences in the foundations of the houses. A wooden house could be built on the foundations of a concrete house but not the other way around.Picture: Piritta Fors
According to him, the concrete benchmarks for the builder are the balcony tiles, the facade and the details of the windows.
In addition, there is sprinkling in the apartments in the wooden apartment building, Toivonen says about fire protection.
Mangrove has also estimated that weather protection will double the cost of maintaining a wooden apartment building site.
Managing director According to Lundstedt, a comparison of about 500 sites showed that the climate impact of Mangrove sites is about 20 percent lower.
District heating has been selected for the Turku apartment building project.
Based on the calculations, geothermal energy would have reduced life cycle climate emissions by another ten percent.
According to the low-carbon calculation method being developed at the Ministry of the Environment, the net climate impact of a wooden apartment building is significantly lower than that of a concrete apartment building. Lundstedt says that calculated in this way, the net climate impact of the whole is pretty close to zero.
The more wooden apartment buildings we can build, the more concrete we can use.
Fact
Founded in 1994, a domestic family business.
Developed in 25 years from construction consulting tasks to the construction of terraced and apartment buildings.
In addition to the Turku region, operations in the Uusimaa, Western Finland and Pirkanmaa regions.
Net sales last year EUR 20.48 million, profit for the financial year EUR 1.34 million. Net sales increased by 68.1 percent.
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Housing Two otherwise identical apartment buildings are being built in Turku, but one is made of wood and the other of concrete - Pledge Times
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