Property District’s Post

Five new apartments to be delivered in two separate city centre developments

Five new apartments to be delivered in two separate city centre developments

Five new apartments to be delivered in two separate city centre developments

I walked to the School of Architecture everyday in Athens; and walked past these tenements. They were always full of life, with shops on the ground floor and deep balconies and overhangs. It is interesting that such a model of development is so organic and fluid, but works wonderfully for its citizens. This is the best kind of affordable housing. Greeks created their own funding system called antiparochi, in which developers saved themselves the cost of buying land by giving landowners a share of the constructed units when they were completed. “The best translation of the term is probably ‘flats for land,’ or as some people say, ‘quid pro quo,’” says Panos Dragonas, an architect and professor at Greece’s University of Patras. “The system saw landowners hand over their property, and in return get, say, two to five apartments back in the completed building to live in, or rent or sell. It was a bottom-up system of housing development not created by any law change by the government, though the state did offer motives for construction by granting tax breaks. To keep costs down, developers adopted a modernist construction model — the Le Corbusier-developed Dom-Ino system, in which reinforced concrete pillars freed a building of the need for load-bearing interior walls. In Athens, this permitted the creation of a sort of modernist tenement. Industrial in construction, it was still aligned to a traditional street in densely packed urban neighborhoods, with differing building heights and lengths giving a haphazard, un-regimented impression.

Parking is an amenity that adds value to any property offering residential units, whether it be multi-family, senior living, or mixed use. When beginning the design phase of these types of projects, it is important to consider the most efficient and cost-effective way to include that amenity in the property. https://bit.ly/3UziNF4

Exciting Update: Construction at The Landing at Mason's Bridge is right on track! The first building's completion is on track, landscaping is underway, and interiors are shaping up beautifully. Stay tuned and follow this page for more exciting progress updates! #TheLandingAtMasonsBridge #LAMB #ConstructionUpdate #newapartmentcommunity #lawson

Multifamily completions are outpacing new construction starts in 2024 for only the 3rd time in the last 3 decades. The last time was in 2010. (Follow Jay Parsons on Linkedin for great MF market information). This project, like many are at or nearing completion in 2024, but we have recently seen an uptick in new #multifamily projects on the drawing board. With these projects often taking 24 months or more to complete, developers are eyeing 2026 deliveries for when there will be less new supply on hand. Just this week alone, we have over 10 Multifamily Pre-Construction Plan and Cost Reviews being delivered to clients. Do you need a cost review on current projects in the pipeline? Give us a call as we have lots of comparables and would love to help! #USACC #PreConstruction #DueDiligence #CostReviews #ConstructionLender

We’re back with the latest construction progress for our residential and commercial developments! From finishing touches on premium homes to exciting updates on our commercial spaces, here's a quick look at everything we've accomplished this month. #SUSHMA #ProjectUpdate #RealEstate #SushmaValencia #sushmaBelleza #SushmaJoynest #SushmaCrescent #SushmaJoynestAerocity #SushmaPristine #SushmaEmpiria #constructionupdates

"Relaxing design standards for new apartments will simply produce apartments in which it is difficult to relax," said our Chair Rob Stokes as the Living Cities Forum kicked off at the State Library this morning. "Contrary to the suggestion by the NSW Productivity Commission that we need to relax design standards to facilitate housing development, I argue we need to champion design excellence to justify housing development! "Quality urban design becomes more important the denser our cities become." 💡Have your say in the comments below! #ThoughtLeadership #UrbanDesign #Housing

Navigating London's Property Landscape? From swanky city flats to delightful homes in the suburbs, it's a prime target for investment. Keep in mind: Mastery of local building regulations and financial planning is essential. Despite varying market conditions, London's real estate sector demonstrates enduring strength. Read More: https://lnkd.in/eXZWhe4W #Architecture #Design #LondonHousing #RealEstateInvestment