18th & Carpenter
-
• Acquisition Date: February 2014
• Square Footage: 15,132
• Total Capitalization: $2,442,293
• Construction Cost: $1,217,000
-
• Formerly two separate buildings were combined, rezoned, and redeveloped.
• Retail spaces were previously used as a tire shop, and a two level bowling alley along with a bar on the ground floor.
• Residential units were fully remodeled including reframing of exterior walls and roof of two-story building.
18th & Allport
-
• Acquisition Date: May 2015
• Square Footage: 5,400
• Total Capitalization: $1,073,166
• Construction Cost: $730,634
-
• Former uses included a ground-level medical center and offices on the second floor.
• Full gut rehab of ground floor included all new storefronts and openings to introduce natural light into the space. Structural openings and reinforcement to create line of sight through the length of the space.
• 2nd floor spaces were converted to residential apartments with cathedral ceilings making use of dormer windows to bring in more natural light.
18Th & Throop
-
• Acquisition Date: July 2015
• Square Footage: 25,000
• Total Capitalization: $3,264,936
• Construction Cost: $2,966,498
-
• Former commercial and residential mixed use building that was riddled with code violations and unsafe living conditions.
• Retail spaces were gutted and re-habilitated along with all new storefronts.
• Residential units were gutted and rebuilt with new finishes and amenities.