RGA Architects & Construction Managers Presentation

Latest Design Trends Latest Design Trends in Multifamily in Multifamily

2010 & Beyond2010 & Beyond

William Henry, PhD, NCARBWilliam Henry, PhD, NCARBRGA Architects & Construction RGA Architects & Construction ManagersManagers

Presented Presented by :by :

Diverging MarketsDiverging Markets

Single Family Refugee

Urban Lifestyle‘Millenniums’

Aging – Baby BoomersAging – Baby Boomers• Foreclosure – Single Family Home Refugees

• Simulated ‘SF Homes’ in multi-family

- Large Unit Size - Security

- Storage- Garages/Covered

Parking

MillenniumsMillenniums

• Affordability & Lifestyle

• Down-Sizing

- Less is More

- Mr. Wall

- IKEA

- Efficiencies

Design Implications of DivergenceDesign Implications of Divergence

Alternate Negative Design Alternate Negative Design OutcomesOutcomes

Quarters for the Proletariat

Continued Foreclosures

Alternate Positive Design OutcomesAlternate Positive Design Outcomes

Exciting Urban Mixed-Use

Viable Alternative to SF Living

Market Rate

Subsidized Housing

Urban Lifestyle Urban Lifestyle MillenniumsMillenniums• Urban LifestyleUrban Lifestyle• Down-SizingDown-Sizing• Affordability vs. SizeAffordability vs. Size• ‘ ‘IKEA’IKEA’

Single Family Home Single Family Home RefugeesRefugees• Larger UnitsLarger Units• StorageStorage• Suburban LifestyleSuburban Lifestyle

Active Adults/Senior LivingActive Adults/Senior Living• 221(d)(4)221(d)(4)• Housing AuthoritiesHousing Authorities• Florida Housing Tax Florida Housing Tax Credits & FHA Credits & FHA FinancingFinancing

Urban WorkforceUrban Workforce• Redevelopment Redevelopment AuthoritiesAuthorities• CRAsCRAs• Housing Finance Housing Finance Authorities ‘HFA’Authorities ‘HFA’

20052005Casa BellaCasa Bella

Tampa, FLTampa, FL

Units: 250Units: 250Budget: $65 MillionBudget: $65 Million

►Luxury Family HousingLuxury Family Housing

Large UnitsLarge Units

Breezeways & CourtyardsBreezeways & Courtyards

Rental – Condo – RentalRental – Condo – Rental

Amenity RichAmenity Rich

Reserve IReserve ICarillon, St. PetersburgCarillon, St. Petersburg

Raymond JamesRaymond James

20002000


The Reserve IIThe Reserve IICarillon, St. PetersburgCarillon, St. Petersburg

Raymond JamesRaymond James

20072007

Units: 224-262Units: 224-262Budget: $35 MillionBudget: $35 Million


► Amenity RichAmenity Rich► Large UnitsLarge Units► Mixture of Townhomes, Mixture of Townhomes, Duplexes & QuadsDuplexes & Quads ► Concrete ConstructionConcrete Construction

Market Rate

Subsidized Housing





19991999

VillagioVillagioSarasota, FLSarasota, FL

Units: 220Units: 220Budget: $17 MillionBudget: $17 Million

►221(d)(4) Government Program221(d)(4) Government Program

►Time Frame: Lengthy – Time Frame: Lengthy – Up to 500 Days to Get Up to 500 Days to Get FundingFunding

►Missed Window of Missed Window of OpportunityOpportunity

Quail Ridge Apartments Quail Ridge Apartments 2010 2010 Land O’ Lakes Land O’ Lakes

Single Family Living Single Family Living AmenitiesAmenities• SecuritySecurity• AcousticsAcoustics• StorageStorage• Covered Parking/GaragesCovered Parking/Garages• SizeSize

Units:Units:239239Budget:Budget:$28 Million$28 Million

221(d)(4) Government Program221(d)(4) Government Program

20052005

Centro PlaceCentro Place

Brooksville, FL Brooksville, FL NRP Group/RGANRP Group/RGAUnits: 60 Units: 60 Budget: $6 MillionBudget: $6 Million

Magnolia GardensMagnolia Gardens20102010

Senior Living SubsidizedSenior Living Subsidized

9% Tax Credits9% Tax Credits Rent ControlledRent Controlled

Frame Construction, Air Conditioned Corridors, $60-70SF MOLFrame Construction, Air Conditioned Corridors, $60-70SF MOL

Tampa, FLTampa, FL Bank Of AmericaBank Of America

Units: 160Units: 160Budget: $16.1 MillionBudget: $16.1 Million

► Family Low Cost Family Low Cost Housing Housing ► Subsidized Subsidized ► Frame ConstructionFrame Construction► $60SF $60SF ► Combination Combination Townhomes & Townhomes &

DuplexesDuplexes

20102010

Moses WhiteMoses WhiteTampa, FLTampa, FL

Market Rate

Subsidized Housing





Urban Lifestyle:Urban Lifestyle:► IKEAIKEA► Mr. WallMr. Wall► DownsizingDownsizing

20092009

Province Province ApartmentsApartments

USF, TampaUSF, Tampa

► Young AdultsYoung Adults► Amenity OrientedAmenity Oriented► Open BreezewaysOpen Breezeways

Units: 288Units: 288Budget: $28 millionBudget: $28 million

Market Rate

Subsidized Housing





► Community Redevelopment Community Redevelopment AuthorityAuthority

► SubsidiesSubsidies1. Low Land Cost1. Low Land Cost2. Public Structured Parking2. Public Structured Parking3. Bond Issue (BAB)3. Bond Issue (BAB)

► Finger PlanFinger Plan 35 Acre Mixed-Use Redevelopment35 Acre Mixed-Use Redevelopment Units: 600Units: 600

Budget: $100 Million +Budget: $100 Million +

Margate Margate 20102010North Ft. LauderdaleNorth Ft. Lauderdale

DeBartolo/RGADeBartolo/RGA

Existing Apartment Existing Apartment ComplexesComplexes

►Emergency Rapid ResponseEmergency Rapid Response

► Mold RemediationMold Remediation► Roof Repair/ReplacementRoof Repair/Replacement► Asbestos Testing/AbatementAsbestos Testing/Abatement► Renovations/RemodelingRenovations/Remodeling► Structural Drying/RepairsStructural Drying/Repairs

Any Questions?Any Questions?

RGA Architects & Construction Managers Presentation

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