CREJ

May 2021 — Multifamily Properties Quarterly — Page 33 www.crej.com C olorado’s current real estate market conditions and increasing housing mar- ket needs are pushing the demand for multifamily housing to quickly meet the needs of the population influx. Both pre- cast concrete and modular con- struction offer solutions to the need for additional housing and expe- dited build schedules. “Precast concrete and modular structures offer benefits for meet- ing the growing multifamily market segment by meeting the demand for high-quality products with quick build schedules,” said Kevin O’Connell, director of preconstruc- tion for EnCon United. Precast concrete is a high-perfor- mance product and system that can be used to meet the needs of this growing market segment due to on-site manufacturing and speed to build. Precast concrete consists of specialized concrete mixes, which are cast into project-specific cus- tomized panels at an off-site plant. The concrete is placed into a mold or form and cured before being removed from the form. Precast components are then transported to the project site for erection. This prefabrication process allows all pieces to be cast in a controlled environment and erected on site, creating one of the quickest and most efficient building systems available. This allows owners and builders the ability to effectively meet housing schedule demands, while minimizing site and project delays, and reducing overall costs. Precast product advantages can include long life span, continuous insulation, fire resistance, vibra- tion control, cor- rosion resistance, acoustical control, speed of construc- tion, greater qual- ity control and finish consistency with in-plant pro- duction. Plant production also reduces on-site labor and lowers the job site safety risk. Similarly, modular buildings begin off-site in an assembly line type process. Small parts of the overall modules are constructed, with addi- tional components added through the build. First, the module is framed, then walls, floors and roofs are added. After this, the windows, plumbing and wiring connections are installed. Various teams come through after to add and inspect all finish work, cabinets, fixtures and appliances. Once the module reaches the job site, it already is completely built and only needs to be assembled. Modules are set onto the project base and then locked together. After this process, pipes and wiring are connected to create the finished project. These types of projects finish twice as fast as tra- ditional multifamily projects due to the ability to manufacture the mod- ules off-site while the project site is being prepared and constructed. Since both precast concrete com- ponents and housing modules are manufactured off-site, there are no site or weather-related project delays. Both are manufactured with controlled conditions and meet codes and standards as required by the precast industry at convention- ally built facilities. Once the site is ready, both precast concrete and modular products are shipped to the project site. As a foundation for the modu- lar construction, precast podium and parking components generally require elevated floors, high load capacities, open spans and large bays. Typical precast components used in the multifamily market seg- ment include podium slabs, double tees, hollow core, stair cores and wall panels. Precast members also meet demands as load-bearing elements, providing high load capacities and enabling integra- tion of structural, architectural and insulated precast products into one cohesive building system. “Precast products are a viable multifamily solution because they serve as structural components, provide fire resistance and vibration control, and can be integrated into architectural precast components as well,” said O’Connell. These podium projects allow for the development of high-density projects while reducing space and construction costs. A podium slabs typically acts as both a structural foundation floor and as a transfer slab for the framed construction above, thereby transferring loads directly into the foundation. These podium slabs typically are situated above parking levels, creating parti- tions and compartmentalization, and requiring up to four-hour fire ratings for safety and compliance. A precast podium design provides a cost-effective solution offering speed of construction and limited environmental impacts. Other podium advantages include reduced job-site congestion, gravity and lateral load restraint, and vibration and acoustic control. Modular construction creates environmental benefits as well due to the unique building process. Mod- Benefits to precast podiums &modular construction Rachel Johnson Schiebout Marking administrator, EnCon United Construction is ESSENTIAL to the PERFORMANCE of your INVESTMENT If your firm would like to participate in this directory, please contact Lori Golightly at lgolightly@crej.com or 303-623-1148 x 102 Contact Multifamily > 100 units Multifamily < 100 units Fort Collins / Northern Front Range Boulder Colorado Springs Metro Denver MULTIFAMILY DIRECTORY Other Residential HOA Atlas Real Estate realatlas.com Bell Partners www.bellpartnersinc.com Echelon Property Group echelonrents.com ELKCO Properties, Inc. elkcoproperties.net Four Star Realty www.fourstarrealty.com Greystar greystar.com Griffis/Blessing griffisblessing.com Legacy Partners www.legacypartners.com SARES-REGIS Group www.sares-regis.com Silva-Markham Partners silva-markham.com Wheelhouse Apartments / Boutique Apartments wheelhousecommercial.com Zocalo Community Development HIRING THE RIGHT PROPERTY MANAGEMENT COMPANY and to the value of your property Use CREJ’s Property Management Directory to find the right management company to care for your property. Nick Mertens nick@realatlas.com Tiara Pearce tpearce@bellpartnersinc.com Bryan Stern bstern@echelonpg.com Ken Cilia ken@elkco.net Jake Bostedt jake@fourstarrealty.com Brandon Rich brich@greystar.com Kerry Egleston kerry@gb85.com Mike Holt mholt@legacypartners.com Sheri Druckman sdruckman@sares-regis.com Alfonso Silva asilva@silva-markham.com Brian Lantzy blantzy@wheelhousecommercial.com Madeline Grawey madeline@zocalodevelopment.com Mixed-Use: MF/Retail Single family Multifamily mixed- use retail, Rehab, Lease-up Mixed-Use l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l By assembling parts of a project off-site, owners and builders have the ability to effectively meet housing schedule demands, while minimizing site and proj- ect delays, and reducing overall costs. Please see Schiebout, Page 36

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