Deal Profile: artHAUS

A leftover infill site in central Phoenix is now home to 25 low-rise condominiums, with a modern design that maximizes the site and minimizes ongoing costs. artHAUS was an architect’s first foray into residential development; as he says, “the design part’s easy for me, but the financing part—that was a big-time learning curve” helped along by a ULI Arizona event.

Hudson Park

Hudson Park is a transit-oriented multifamily rental development—adjacent to the Yonkers Metro-North train station in the heart of Yonkers, New York—consisting of four separate buildings built in three phases over a 17-year period. The project is located on a former industrial site of eight acres located between the train station and the Hudson River. The first phase includes 266 apartments in two separate nine-story buildings, the second phase includes 294 apartments in one building with two towers of 12 and 14 stories, and the third phase includes 213 apartments in one 24-story tower. The project also encompasses 18,606 square feet of retail and office space. Hudson Park was undertaken by Collins Enterprises and involved a public/private partnership and cooperation among various groups, including the city of Yonkers, the Yonkers Industrial Development Agency, the state of New York, the Metropolitan Transportation Authority, and numerous private capital sources. Hudson Park will consist of 773 rental apartments when completed in 2018.

Wiley H. Bates Heritage Park

Wiley H. Bates High School in Annapolis, Maryland, a cultural landmark that sat vacant for more than 20 years, has been reinvented as Wiley H. Bates Heritage Park, a development incorporating housing for low-income seniors, community services for seniors and young people, and a museum of the school and its community. Bates School, which opened in 1933, was the city’s first freestanding secondary school for African Americans and was named after a local man who was born into slavery and later became one of Annapolis’s wealthiest citizens.

EOS Generali

Developed by Bouygues Immobilier and recognized as one of the largest sustainable developments in the Paris region, the building occupies a 1.5-hectare (3.7-acre) landscaped site and has been awarded the High Environmental Quality (HEQ) label—the newest official certification from the Centre Scientifique et Technique du Bâtiment, a French body focused on improving construction through science and technology. The project was 95 percent leased before completion; 39,500 square meters (425,174 sq. ft.) of the office space is occupied by the European and French headquarters of Microsoft, and 5,500 square meters (59,202 sq. ft.) by Lundbeck pharmaceutical laboratories.

Perspectives Charter School

The Perspective Charter School’s new building, which was completed in August 2004, reflects its founders’ principles for an ideal school environment. Perspectives was one of the first public charter schools in Chicago; the success of its first campus, which is in South Chicago, spawned the formation of this campus in the South Loop, a neighborhood that is characterized by light-industrial shed buildings and renovated loft residences. The new school building occupies the acute end of a 1.25-acre (0.51 ha) triangular site that had been a parking lot. The 30,000-square-foot (2,787 m2) facility serves 350 students in grades six through 12—86 percent of whom come from economically disadvantaged households. Classrooms are oriented around a two-story multipurpose room that is decorated with multilingual graphics taken from the school’s mission statement. This room serves as the structure’s “living room” and is used as a cafeteria, main assembly hall, and central social space.

The Columbia Residences

Completed in January 2007, the Columbia Residences is a 225-unit, 395,000-square-foot (36,697 m2) luxury condominium building that includes both adaptive use of the historic hospital structure and new construction. The development team, which also included architect Shalom Baranes Associates, worked diligently with neighborhood associations and city historic review to arrive at a thoughtful redevelopment solution. This involved restoring the original hospital structure, demolishing the non-historic remainder of the building, adding two L-shaped wings along the building’s east and west sides, and adding three levels of below-grade parking. The new wings, each of which contains at its base approximately 11,000 square feet (1,022 m2) of street-level retail space, were designed to protect the sight lines of the original building and to complement its unusual Mediterranean architecture.

Dolce Vita Coimbra

One of the largest private investments ever made in the central region of Portugal, Dolce Vita Coimbra, its developer’s response to the city of Coimbra’s 2002 international request for proposals for the city’s “Eurostadium” project, is a mixed-use complex that transformed the underground concourse of an existing municipal football (soccer) stadium into a four-level regional shopping center and linked this to a new recreation center, a multiuse pavilion, and 202 apartments. The complex seamlessly integrates shopping, sports, leisure, and cultural activities with residences within the central area of Coimbra, providing the city’s 405,000 residents with a wide range of new facilities and services.

Chimney Pot Park

Located in Salford, an outer suburb of Manchester, Chimney Pot Park is a radical redevelopment of 349 residential units in a troubled terrace-house neighborhood. For years, the community suffered from low demand and declining value, and was plagued by crime and antisocial behavior, absentee landlords and irresponsible tenants, and open back alleys that encouraged neglect and vandalism. With the original housing stock slated for demolition, Urban Splash—a development company renowned for regenerating distressed or problematic sites—drastically reconfigured the internal design and layout of the homes while retaining the original façades and street pattern.

South Campus Gateway

South Campus Gateway is a visionary collaboration between the Ohio State University, the city of Columbus, and neighborhood stakeholders in an effort to transform a 7.5-acre (3 ha) tract that straddles the university campus and a distressed, low-income neighborhood. Developed by the not-for-profit Campus Partners, the $150 million dynamic mixed-use development is the signature project in the organization’s decade-long planning effort to revitalize the University District area. Using a complex layering of financing, the project comprises 184 apartments, 98,000 square feet (9,105 m2) of office space, and 249,000 square feet (23,133 m2) of retail stores, including an eight-screen cinema, a dozen restaurants, a university bookstore, and an organic grocery.

Lincoln Square

In August 2003, Kemper Development Company (KDC), owner of the successful, adjacent Bellevue Square and Bellevue Center retail projects, took on the challenge of turning around the Lincoln Square project—a massive risk in the uncertain economic climate of the early 2000s. After four years of redesign and innovative construction, the 1.4 million-square-foot (130,064-m2) mixed-use project, replete with 300,000 square feet (2,787 m2) of retail; a 28-story, Class A office tower; 148 luxury condominiums; and a 19-story hotel, has resuscitated a moribund development and brought much-needed density to a suburban environment. The two towers rise from five stories of underground parking and a three-level retail podium, featuring a luxury cinema, restaurants, home-related stores, and upscale entertainment.

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