Residential

Knutson picKnutson Construction applies its philosophy of teamwork to two apartment projects in Iowa.
By Jim Harris

At the beginning of all its jobs, Knutson Construction’s project managers ask their clients to tell them the top five things “that keep them up at night” regarding a project. “This could include price, subcontractor management or a tight schedule,” says Wade Hiner, director of business development for the Iowa City branch of Knutson Construction.

Knutson then asks its clients to rate the company based on how it responds to those factors. “We want to know what the most important things to our clients are and how we are doing when it comes to those items,” Hiner adds, noting the company will take corrective action if necessary to keep a project on track.

II BY IV DESIGN picII BY IV DESIGN’s work on Toronto’s Residences of 488 University Avenue is earning accolades.
By Jim Harris

The Residences of 488 University Avenue, a mixed use tower in downtown Toronto, won’t officially open until summer 2018, but it is already considered a new city landmark. The retrofit of an existing 18 storey office tower, the final building will be 55 stories of glass and steel that ascends from a radiant podium. The building’s underground parking was excavated, its perimeter footprint was extended and its  exterior was completely re-clad, making it a feat of engineering. A new 37-story condominium with 453 luxurious units will rise above the office component; with construction occurring all while the offices below remain open.

Toronto-based II BY IV DESIGN’s work on the 55-story commercial and residential project has earned it multiple awards since it became involved in the project five years ago.

Walsh pic copyWalsh Construction is building an eye-popping residential high-rise in Chicago’s South Loop. 

By Kat Zeman

A well-known general contractor that specializes in high-rise housing, Chicago-based Walsh Construction is bringing another high-profile project into the city’s South Loop neighborhood.

A 48-story luxury apartment building is under construction on Chicago’s posh Michigan Avenue. The 580,000-square-foot building, that will include roughly 7,500 square feet of retail on the ground floor, broke ground in April. The apartment tower is being developed by Chicago-based Murphy Development Group and Los Angeles-based CIM Group.

“This is an exciting project that’s going to bring a new and modern look to the South Loop,” Project Manager Dave Dunlap says. “It will change the face of South Michigan Avenue.”

Peterson Companies pic copyThe Peterson Company’s customer-first mentality has been key to its success.
By Bianca Herron

Tim Peterson founded The Peterson Company in 2010 as a firm specializing in new construction, property maintenance and tenant improvements.  As part of formalizing the company, Peterson tapped five industry experts and longtime associates – Larry Siegler, Bret Stallcop, Don Piggush, Brett Dalton and David Charron – to join the organization as managing partners.

“We had all been completing new construction and property maintenance for the Peterson family for more than 20 years, so it was natural to join forces with Tim in this new venture,” COO Larry Siegler says. “Tim is CEO and is very well respected in the city of Indianapolis. While the five of us work in the day-to-day operations, Mr. Peterson serves as our mentor and leader.”

Vice President of New Construction Bret Stallcop agrees. “Tim is the reason why we do things with integrity and performance,” Stallcop says.  “That is what the Peterson family has stood for in this community for over 50 years, and we are determined to model ourselves in the same character moving forward.

“We aim to protect the Peterson name because if it weren’t for Tim and his father before him, none of us would be doing what we’re doing,” he adds.

McCormick ConstructionMcCormick Construction will bring more housing to Burbank, Calif., next year with the completion of Talaria at Burbank.

By Janice Hoppe-Spiers

McCormick Construction is the general contractor for the development of Talaria at Burbank, a premium residential rental community located in the heart of Burbank, Calif. “It is right in the middle of the Media District so since much of the workforce commutes into Burbank, it has gotten a lot of visibility and interest,” President and CEO Mike McCormick says.

Set to open in the first quarter 2018, McCormick Construction says Talaria at Burbank’s future residents will likely consist of people who currently commute into Burbank for work. The Burbank Studios, iHeart Media and Warner Bros. Studios are all a stone’s throw from Talaria at Burbank. The community is also a short distance from The Walt Disney Co. and Universal Studios.

McCormick Construction is a Burbank-based construction and consulting company with more than 100 years of experience in the industry. “We were founded in 1914 and my brother, Steve, and I are the fourth-generation to run the business,” McCormick says. “I think the biggest differentiator for us is that we are a high-touch builder. It’s all about the client relationship and responsiveness.”

KCG PicKCG Development is focused on identifying the needs within a community when developing sustainable multifamily housing.

By Janice Hoppe-Spiers

KCG Development strives to set the standard for excellence in the multifamily industry and be the partner of choice for community redevelopment. The company was formed in 2015 to develop, acquire, rehabilitate and own apartment communities along the East Coast, in the Midwest, South and Southeast.

Marvin Wilmoth and Anthony Ceroy, both vice presidents of development, oversee the company’s East Coast development division from Florida, focusing on property development from Florida to New York and west to Louisiana. KCG Development’s team in Texas manages development in the Southeast, and its headquarters in Carmel, Ind., focuses on the Midwest operations.

KCG Development sets itself apart as a developer by understanding that vibrant communities must have connections to all who live and work there. “We approach community development a little different,” Wilmoth says. “We start by identifying housing needs with the local municipality.”

Hudson Meridian pic copyNew York City-based Hudson Meridian has earned a reputation as an award-winning construction services company.
By Bianca Herron

Hudson Meridian Construction Group is one of the leading construction services firms in New York City providing a unique combination of construction expertise, including new construction, restoration projects, and emergency and disaster response services.

Hudson Meridian’s residential and public sector projects range from public housing and new luxury residential high-rises to adaptive re-use of industrial buildings.

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