Colorado-Real-Estate-Journal_357401

Page 50 - August 16-September 5, 2023 www.crej.com 2023 QUARTERLY PUBLICATIONS CALENDAR INSIDE F rom the constructionof tene- ments in the 1800s to thehigh- rise steeland concrete luxury residential towersbuilt today, for-renthousinghas comea longway.Butone constant is the useofwood tobuild rentalhous- ing.Over theyears,architectsand engineershavepushed the limitsof whatwood cando,and theadoption of the 2015 InternationalBuilding Codeallows this to continue. Not everyone ishappy though. Therehasbeen some recentback- lashabout thenumberof four-and five-storywood-frameapartments impactingDenver’sdowntown.With continueddemand forhousing,esca- lating construction pricesand theabil- ity toachieve even higherdensities under the recent IBC,wedon’tantic- ipate thenumber ofnewwood-frame buildingsadded to theDenver land- scapewilldimin- ish. Themost sig- nificantbenefit thenew IBCoffers wood-frame construction is the ability todesignapodiumbuilding basedon theoverallbuildingheight. Podiumbuildingswillno longer be restricted toonlyone levelof podium structurebelow thepodium deck. This givesdesigners theability to designa seven-story,midrisebuild- ingwith five levelsofwood-frame constructionover two levelsof con- cretepodium –allabove grade.With thisadditionalabove-grade levelof concrete, the flexibilityandoppor- tunities to increasedensity, reduce costorbothbecomepossible. Options includepulling the tra- ditionalbelow-grade levelparking outof the ground to save the costof building subterranean,which is typi- cal in traditionalpodiumdesigns. Anotheroptionwouldbe to leave the subterraneanparking,which allowsanadditional levelof residen- tialunitswithin the concretepor- tionof the structure, thus increasing density.Bothoptionswill change how thedesignworldand residen- tialdevelopers lookat thepotential ofa site. When evaluatinganapartment site,adeveloper typically considers fourwood-frameapartmentdesigns: Investors fromoutsideColorado represented 70percentofpurchases throughAugust National Interest PAGE12 Howpursuing LEED certificationpays off forZolacoCommunityDevelopment SustainabilityEfforts PAGE24 MayorHancock shareshisplans formore affordablehousing inDenver AffordableHousing PAGE18 Photography©BradNicol The2015 InternationalBuildingCodeofferswood-frame construction theability todesignapodiumbuildingbasedon theoverallbuildingheight.Podiumbuildingswillno longerbe restricted to only one level of podium structure below the podium deck. PleaseseePage24 October 2015 New wood-frame codes allow for more flexibility NathanSciarra, AIA Studio director, KTGYArchitecture + Planning,Denver To reserve ad space, please contact Lori Golightly at 303-623-1148 ext. 102 or lgolightly@crej.com For editorial content, please contact Kris Stern 720-331-4087 or kostern@crej.com January 4 Property Management Quarterly Material Deadline: December 7, 2022 January 18 Health Care, Senior & Life Sciences Quarterly Material Deadline: January 4 February 1 Multifamily Properties Quarterly Material Deadline: January 18 February 15 Retail Properties Quarterly Material Deadline: February 1 March 1 BUILDING DIALOGUE Material Deadline: February 8 March 15 O ce & Industrial Properties Quarterly Material Deadline: March 1 April 5 Property Management Quarterly Material Deadline: March 22 April 19 Health Care, Senior & Life Sciences Quarterly Material Deadline: April 5 May 3 Multifamily Properties Quarterly Material Deadline: April 19 May 17 Retail Properties Quarterly Material Deadline: May 3 June 7 BUILDING DIALOGUE Material Deadline: May 10 June 21 O ce & Industrial Properties Quarterly Material Deadline: June 7 July 5 Property Management Quarterly Material Deadline: June 21 July 19 Health Care, Senior & Life Sciences Quarterly Material Deadline: July 5 August 2 Multifamily Properties Quarterly Material Deadline: July 19 August 16 Retail Properties Quarterly Material Deadline: August 2 September 6 BUILDING DIALOGUE Material Deadline: August 9 September 20 O ce & Industrial Properties Quarterly Material Deadline: September 6 October 4 Property Management Quarterly Material Deadline: September 20 October 18 Health Care, Senior & Life Sciences Quarterly Material Deadline: October 4 November 1 Multifamily Properties Quarterly Material Deadline: October 18 November 15 Retail Properties Quarterly Material Deadline: November 1 December 6 BUILDING DIALOGUE Material Deadline: November 8 December 20 O ce & Industrial Properties Quarterly Material Deadline: December 6