Residential

It stands as one building, but the Monarc at Met 3 is the result of many components coming together. First, there’s the Whole Foods being developed by MBM with underground parking and foundations reaching 23 feet below ground. On top of the Whole Foods, MBM also is building three levels of parking. Next comes another eight levels of parking being built for the 32-story residential tower that will crown the entire structure. The downtown Miami residential high-rise is being developed by ZOM Inc., a leading luxury multifamily real estate developer with offices in Florida, Texas and Washington, D.C. 

Construction kicked off in February for Azalea Court in Houston, an eight-floor midrise with 344 units. It is scheduled for initial occupancy in spring 2015. The next phase of the project entails the construction of a 17-story tower with 301 units.

Azalea Court is located on more than 11 acres in the desirable River Oaks neighborhood of Houston, home to exclusive real estate and mansions. It is in the “inner loop” adjacent to Highland Village on elite Westheimer Road, in the so-called “socialite sector” of Houston. River Oaks is one of the wealthiest neighborhoods in the nation with real estate values ranging from $1 million to more than $20 million. It is also a booming area for development.

Radnor Property Group prides itself on the partnerships it forms with institutions working with them as a real estate developer. The 3737 Chestnut Apartments and the Philadelphia Episcopal Cathedral project exemplifies those traits as the income stream from the apartments will help maintain the cathedral’s historic structure and expand its social services to the community. 

Dave Yeager, president of the Wayne, Pa.-based company, says the partnership came about because the Episcopal Cathedral was struggling with stagnant revenues and needed assistance in figuring out how it could expand its mission works throughout the community. 

New to the senior-living industry, Omega Communities has assembled an all-star team and is currently developing its first two projects in Florida. The Springs at South Biscayne at North Port is a 139-bed community in South Port, Fla., on a 32-acre campus while the Sarasota East at Church of Hope project is a 106-unit senior-living community on 45 acres.

Omega Communities partners with large churches for success. It builds next to churches that “provide ministry, volunteers and support,” says James Taylor, director of development and operations. “They help promote the facility.” The affinity agreement partnerships are win/win win/win deals as the senior residents, investors, Omega and the communities all benefit, Taylor says.

Founded by R.D. “Pat” Neighbors in 1951, Neighbors Construction is perfectly named. A family owned business, Neighbors Construction strives to do business in a neighborly fashion while making a positive contribution to its communities. 

Today, Pat’s son, Roger, and grandsons, Ryan and Aaron, oversee the direction of the organization. Neighbors Construction is headquartered in Lenexa, Kan., and has serviced clients in Kansas, Missouri, Iowa, Nebraska and throughout the Midwest. The company has worked on everything from apartments, townhomes, condominiums, student housing and senior living facilities to hotels, motels, retail centers and mixed-use facilities. In addition to general contracting services, Neighbors Construction can provide pre-construction, design/build and construction management services.

Moorings Park in Naples, Fla., already has a sterling reputation as one of Florida’s premier retirement communities, and that reputation is about to be enhanced even further with the addition of its new campus at Grey Oaks Country Club. “We are delighted with the collaboration between Moorings Park and Grey Oaks, and excited about seeing our combined vision for successful aging come to fruition,” said Dan Lavender, CEO at Moorings Park. Construction on the project began earlier this year, and once it is completed and ready for full occupancy in 2016, Moorings Park at Grey Oaks will bring together the best of two worlds. Vice President of Residential Services Steve Brinkert says the new development will bring the top-of-the-line senior care Moorings Park is known for together with Grey Oaks Country Club’s award-winning golf and amenities. “Residents at Moorings Park at Grey Oaks will enjoy exceptional activities and programming designed to enrich the mind, body and spirit within their own neighborhood and at Moorings Park’s main campus,” said Brinkert.

Embrey Partners’ approach to developing, building and managing multifamily residential projects is evident just from its name. “We consider our subcontractors and suppliers our partners on the job and work hard on developing strong, long-term relationships,” Project Manager David Gallagher says. The San Antonio-based company’s relationships with subcontractors and other project partners are based on five philosophies derived from Embrey Partners’ core values of integrity, honesty, trust, ethics and character. “First, we treat the contractor the way we would want them to treat us. Next, we pay all of our subs quickly – with us, no one is waiting 60 to 90 days for a check,” Gallagher says. “Third, we communicate at a high level from our executive staff all the way to our guys in the field. Fourth, we are fair and honest, and committed to integrity and excellence. And lastly, we want to always do the right thing, and hold our subcontractors to that, as well.”

Not many general contractors can say that the majority of their work is negotiated, but Driver URBAN can, President Brian Chartrand says. “We truly focus on building lasting relationships with our clients,” he says.

Based in Irvine, Calif., Driver URBAN builds a range of urban living environments. Chartrand explains that the company is actually a spinoff of C.W. Driver, a 94-year-old builder in Pasadena, Calif.

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