Residential

BLDG ManagementBLDG Management is developing an upscale and eye-catching apartment complex in Manhattan.

By Kat Zeman

A major player on the New York City real estate scene, BLDG Management is bringing a luxurious and amenity-studded apartment building to midtown Manhattan. Shaped like a trapezoid, the $350 million Summit complex intersects two city streets. The 43-story, 300,000-square-foot building is scheduled for occupancy in spring 2018. 

Webcor Bancroft picWebcor returns to a familiar California campus to build Bancroft Residence Hall.

By Chris Kelsch

The University of California, Berkeley is considered one of the finest public learning institutions in the United States. But like many universities it is facing a housing crunch. To help combat that shortage construction of the Bancroft Residence Hall, a new student housing facility just off its main campus, is underway.

Bancroft Residence Hall will be directly across from the newly renovated student union and a short walk to most university facilities. Designed by SCB, the eight-story dormitory is expected to house first-year students and will encompass 186,000 square feet. When completed, the dorm will offer beds for 783 students, plus study and activity space.

Additionally 7,000 square feet of retail space will be offered on the ground floor. An 11,000-square-foot community center will include a study area and meeting rooms, state-of-the-art fitness center, and student lounges.

Sundt Opus University Square 4 5 17 10The Opus Group is known for building high-quality buildings with great design – and its latest project is no different.
By Bianca Herron

The Opus Group is a Minneapolis-based design/build firm. Operating in nine cities across the United states, the privately held firm builds in various sectors, including industrial, office, multifamily, retail and institutional.

As a design/build developer, a unique characteristic of The Opus Group is that it is an integrated business with in-house architectural and engineering services, as well as in-house construction and development. Ultimately, after 64-years in the industry, the company’s reputation for building high-quality projects sets it apart from its competitors.

“We work hand-in-glove with each of those business units,” Senior Vice President Larry Pobuda says. “The output of that effort is high-quality and well-conceived buildings that become solid acquisitions for the institutional investment community. So when Opus is looking to sell a building after it is developed, our customers know that it is a well-located, quality project, with a solid design.”

SoBroSoBRO takes a socially minded approach to developing housing projects in New York’s South Bronx neighborhood.

By Tim O’Connor

The 1970s were a difficult period for the Bronx. The New York City borough suffered from economic decline and high crime. Landowners took to burning their own properties to collect insurance money and more than 21 percent of residents fled the Bronx during this decade.

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