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Monday, Oct 3, 2022

Real Estate ROUNDUP

Work Begins on Hillcrest Urban Infill Project

Canter Cos. and InDev: Invest + Develop announced that construction of their joint-venture project, the C2 Lofts, is now under way.

This urban infill development located in the Hillcrest neighborhood of San Diego will provide expansive views of San Diego’s unique and diverse landscape. Located on an overlooked site and working within the Mid-Cities PDO, the modern designed building’s form arose from an infill model that provides maximum efficiency of the project site to provide all the features of a single-family home in a more affordable townhouse style.

Urban infill is becoming a more common practice of development in cities nationwide as it reduces sprawl and promotes a more vibrant city core.

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Canter’s CEO, Andrew Canter, stressed his focus on urban infill projects, “The ability to play a part in changing a neighborhood is something our company takes very seriously. We strive to not just simply make a profit on our investments, but also to raise the bar of development in the area.” He continued, “We love the idea of being a part of a project like the C2 Lofts that we are able to offer not only our capital to, but also our unique perspective on design.” The C2 Lofts are estimated to be complete in spring 2013.

“We are a very unique type of builder in that we shy away from the mass-produced, tract home-style condominiums or multifamily properties,” said InDev’s Matt Mellos. “We believe each individual has a distinct personality and therefore we aspire to create a distinct style of design in each of our projects.”

Canter and InDev are also bringing their development expertise together on another urban infill project in San Diego’s coveted Little Italy neighborhood. The lot will be developed into a multiunit, luxury building comprised of 10 private entry homes and is projected to be complete summer 2014.

“As long as we continue to focus on ways to improve the community by creating homes with forward-thinking design and purpose, these developments will be successful,” Canter said. Further details including the identity of the building and project name of this Little Italy development will be revealed at a groundbreaking event later this year.

Wermers Gets Started On Affordable Housing Units

Wermers Multi-Family Corp. is set to break ground on Jan. 31 at the Arbor Green Apartments in Carson.

Arbor Green Apartments will be a 40-unit, three-story affordable family development with structured parking. The project consists of one-, two- and three-bedroom units and will be available to families earning well below the area’s median income. The complex will be built to meet LEED standards and will feature on-site laundry, community room and computer room.

Vice President Richard Wood is leading the Wermers team on this project, with Ken Maskevich as project manager, Rodney Short as superintendent and Jamie Mims as site coordinator.

Voit Sells Multi-Property In Uptown San Diego

Voit Real Estate Services’ San Diego office has successfully directed the $5,350,000 multi-property sale of approximately 34,000 square feet in San Diego.

Brian Mulvaney, senior vice president, and Jon Boland, vice president, in Voit’s San Diego office represented the seller, San Diego Blood Bank and the buyer, Hammer Commercial Ventures, a local real estate development and investment firm owned by Jon Hammer, in the transaction. Hammer Commercial Ventures LLC is an operating member of Balboa Phase I LLC.

The property is comprised of a four-story office building located at 440 Upas St. and two additional parcels of land on Upas Street in the uptown market of central San Diego.

KMA Completes Exterior Of Naval Exchange

KMA Architecture & Engineering has announced that construction is complete on a remodel of the Naval Exchange complex that is home to retail, restaurants, recreation and other amenities that cater to military personnel stationed at the Naval Base Ventura County Point Mugu.

The exterior of the complex has been completely refinished to be more inviting to those who shop, eat and play there daily. Key components of the project included the removal of wood siding throughout and replacement with stucco, new doors and windows, and updated louvers.

KMA’s designs also included the replacement of the covered walkways around the complex’s courtyard, updates to exterior building lighting, and a new façade design at the southwest corner of the complex.

“There is a great deal of foot traffic at the Naval Exchange complex at Point Mugu and it’s important to give military personnel, their families and guests who visit it often a nice view as they enter a major hub of activity at the base,” said Tim Rubesh, principal architect at KMA. “The space already had all the necessary amenities. It just needed to give visitors a warmer welcome. The design our team came up with definitely accomplished that goal.”

The project also included storm drainage improvements along the walkways of the complex’s courtyard, a CMU screen wall for exterior electrical equipment and new HVAC units for the existing retail shops.

The KMA team includes Tim Rubesh, principal architect, and Alison Warren, project designer. Hal Hays Construction Inc. of Riverside served as the design builder and general contractor. Civil engineering was provided by R.E. Berg Engineering Inc. Structural engineering was provided by SMR Consulting Group. Electrical engineering was provided by MacDonald Engineers. Mechanical engineering was provided by DS Engineering. Fire and life safety consulting was provided by Hughes Associates Inc. Landscape architecture was provided by Crescere Design. AT/FP services were provided by Weidlinger Associates Inc. Geotechnical engineering was provided by Leighton Group Inc.


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