Colorado-Real-Estate-Journal_398115

Page 36 - May 1-14, 2024 www.crej.com Construction, Design & Engineering T O P N O T C H T E N A N T I M P R O V E M E N T 303-573-5678 Pete Gillespie, President Bill Brauer, General Manager info@ejcm.com Office | Medical | Specialty COMMERCIAL CONSTRUCTION MANAGEMENT | EJCM.COM Pinkard Construction topped out Willoughby Corner, a 400- unit affordable housing develop- ment in Boulder County. The celebration included a catered lunch with a focus on worker appreciation with a raf- fle for various prizes. In atten- dance were representatives of owner Boulder County Housing Authority, HB&AArchitects, Nor- ris Design, Pinkard Frameworks framing division, Farnsworth Group engineers, Drexel Barrell and other project consultants. The ceremony celebrates the topping out of Willoughby’s six phase-one buildings, which includes two nine-plex apartment buildings for larger families; two one- and two-bedroom multi- family apartment buildings; an independent senior living build- ing; and a community center. The first homes, 63 affordable Ameri- cans with Disabilities Act-accessi- ble apartments for adults aged 55 and over, will be ready for move- in by the end of 2024. Each build- ing includes rooftop patios with mountain views, lounges, librar- ies and meeting space. There are 192 units in phase one. Pinkard Frameworks framing division played a key role in keep- ing the project on schedule, with in-depth planning during precon- struction. Frameworks’ focus was saving money for BCHA while maximizing construction efficien- cies and avoiding in-field rede- signs. “With Willoughby’s various wall-heights and complicated truss requirements, every single stud had to have a custom cut,” said Dan Harris, Frameworks wood frame manager. “Our preconstruction preparations included redlining the floor plans of each wall type and ordering different-length stud materials to reduce waste. The additional cost of field-cutting studs was incorporated into the carpenters’ schedule of values. These pro- active preconstruction activities greatly contributed to keeping this project on schedule and in budget.” The city of Lafayette contrib- uted nearly $1.5 million in fee waivers for the first phases of the project, the $3.1 million pur- chase of the land and $5.3 mil- lion in grants for Willoughby’s water rights. Boulder County Commissioners added nearly $13 million in county and American Rescue Plan Act funds to ensure Willoughby Corner will delivery much-needed affordable housing to the community. Total develop- ment and construction costs for Willoughby Corner are currently $114 million. Willoughby Corner’s afford- able homes are expected to serve generations of families, individu- als, older adults and the work- force earning at or below 60% of the area median income. s Pinkard Construction tops out $80 million Willoughby Corner in Boulder County Willoughby Corner is a 400-unit affordable housing development. Ulysses Development Group, a Denver-based mission-driven developer and owner of afford- able and workforce housing, is rehabilitating its recently acquired Columbine Towers in Denver, continuing to provide affordable housing for seniors and those with disabilities. In partnership with U.S. Department of Housing and Urban Development, UDG has undertaken a Rental Assistance Demonstration2nd Component conversion facilitating the pres- ervation of Columbine Tow- ers, which currently consists of 170 homes over 14 floors and serves seniors 55 and older as well as disabled individuals. “The impact the community will feel when our rehabilitation of this property is complete will be significant. It will give seniors and those with disabilities a safe, quality and affordable place to call home at a time when hous- ing is at a premium,” said UDG Partner Connor Larr. Columbine Towers was built in 1964 and throughout its time serving the community has not been substantially renovated. As part of the RAD 2 Conversion UDG intends to significantly upgrade the community through a series of rehabilitation efforts, investing over $9 million. These upgrades will include elevator replacements, energy-efficiency upgrades, accessibility conver- sions and full unit upgrades, significantly improving the qual- ity of life for current and future residents. Rehabilitation and construction is expected to be completed in the first quarter of 2025. s Ulysses Development Group rehabs affordable Columbine Towers bldg. Columbine Towers