flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

$53 million Chamberlain apartments will comprise six buildings, three new and three renovated

Multifamily Housing

$53 million Chamberlain apartments will comprise six buildings, three new and three renovated

The project’s groundbreaking was held on July 19.


By David Malone, Associate Editor | August 20, 2018

Designed by UrbanWorks Architecture, a new $53 million apartment complex is now under construction in Richfield, Minn.

The project, which is being built by a partnership between Kraus-Anderson (general contractor) and Inland Development Partners, will comprise three new construction buildings and three renovated ones. The complex will provide 316 units in total. Of the 316 mixed-income units, 20% will be designated as affordable housing.

 

See Also: First Half 2018 commercial and multifamily construction starts show mixed performance across top metropolitan areas

 

In addition to the new apartment units, the project will also extend Richfield Parkway through the complex south from 66th Street to 70th Street. The property was purchased from the City of Richfield and is being funded via the HUD 221(d)(4) program through the AFL-CIO Housing Investment trust and placed by Dougherty Mortgage of Minneapolis.

The first units are expected to be open in fall 2019.

Related Stories

High-rise Construction | Apr 17, 2018

Developers reveal plans for 1,422-foot-tall skyscraper in Chicago

The tower would be the second tallest in the city.

Multifamily Housing | Apr 10, 2018

Studio Gang’s 11 Hoyt brings over 480 apartments and 50,000-sf of amenity space to NYC

The tower is Tishman Speyer’s first ground up condominium project in New York City.

Multifamily Housing | Mar 28, 2018

The latest data in the multifamily ‘amenities war’

Download Multifamily Design+Construction’s free 16-page report on the amenities multifamily architects, builders, and developers are providing their tenants and code buyers.

Multifamily Housing | Mar 21, 2018

Apartments outperform office, retail, industrial properties: NMHC research

Apartments offer strong returns and relatively low risk, according to new research from the National Multifamily Housing Council Research Foundation.

Multifamily Housing | Mar 14, 2018

How to solve the housing crunch on college campuses

A growing number of public and private academic institutions are turning to designers and architects for alternative housing strategies—particularly in high-density areas on the East and West Coasts.

Hotel Facilities | Mar 6, 2018

A New Hampshire college offers student housing as hotel rooms during the summer

The opening of a new residence hall could help with Plymouth State University’s hospitality marketing. 

Multifamily Housing | Mar 4, 2018

Katerra, a tech-driven GC, plots ambitious expansion

Investors flock to this vertically integrated startup, which automates its design and construction processes.

Multifamily Housing | Feb 28, 2018

Transwestern data points to demand for larger rental units among baby boomers

As baby boomers seek to downsize from large homes, developers are increasingly designing apartments specifically for this demographic.

Multifamily Housing | Feb 27, 2018

Victorian era gasholders become modern residences in London

The new residences are part of the King’s Cross redevelopment scheme.

boombox1
boombox2
native1

More In Category


Curtain Wall

7 steps to investigating curtain wall leaks

It is common for significant curtain wall leakage to involve multiple variables. Therefore, a comprehensive multi-faceted investigation is required to determine the origin of leakage, according to building enclosure consultants Richard Aeck and John A. Rudisill with Rimkus. 



halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021