CREJ

February 2022 — Multifamily Properties Quarterly — Page 23 www.crej.com Construction Trends T he Colorado multifamily hous- ing market continues to grow and evolve as the needs and requirements of consumers change.These changes impact multifamily design, allowing for new options and preferences for the owners and residents.To meet the skyrocket- ing housing demand, counter rising prices of alternative building methods and labor shortages, and to fast track the schedule timelines, many design- ers and builders are opting to use precast concrete. Precast components provide cost-effective solutions, along with the standard benefits of durabil- ity, versatility and resiliency.These structures offer benefits for meeting the growing multifamily market seg- ment by fortifying the demand for high-quality products with quick build schedules. Precast concrete is specified for multifamily projects for several rea- sons. Multifamily precast components generally require elevated floors, high load capacities, open spans and large bays in the parking facilities. Precast components, including podium slabs, double tees, columns, beams, stair and elevator cores, walls and hollow core, are used to construct parking levels, providing structural support as a base for upper-level residences. Using pre- cast products creates long spans that open space and create design efficien- cy. Precast products are capable of act- ing as both structural and architectural elements, meeting demands as load- bearing elements, providing high-load capacities, and enabling integration of structural, architectural and insulated precast products into one cohesive building system. Product advan- tages can include a long life span, con- tinuous insulation, vibration control, corrosion resistance, speed of construc- tion, greater quality control and finish consistency with in-plant production. Plant production also reduces on-site labor and lowers the job-site safety risk. Precast provides inherent fire safety, providing excellent life-safety requirements, as precast can be designed to resist high tempera- tures from extreme heat or fire, and will provide compartmentalization if there ever is a fire. Another benefit of using precast in multifamily projects is the provision of low sound transmis- sion. Noise and vibrations from the parking structure and the living areas are dampened, creating more peace and meeting acoustical concerns for residents. Many residential complexes feature multiple stories of wood frame or light-gauge steel construction over an elevated concrete deck.These podium projects allow for the development of high-density projects while reducing space and construction costs. Podium slabs typically act as both a structural foundation floor and as a transfer slab for the framed construction above, thereby transferring loads directly into the foundation walls.These podium slabs typically are situated above park- ing levels, creating partitions and com- partmentalization as well as security for residents’ vehicles.They also meet required fire ratings for safety and compliance. A precast podium design provides a cost-effective solution offer- ing 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. Not only can precast concrete meet the construction industry’s demands for speed to site, cost-effective project solutions and reduced field labor, it also can provide creative and innova- tive building solutions for multifam- ily and parking structures. Building owners recognize the potential for value-added rooftop space as a viable option for pools, green space and gardens, meeting areas and athletic courts. Rooftop attractions and outdoor spaces are evolving to meet demand for attractive spaces and sustainability goals. Manufactured products for total pre- cast podium structures feature podi- ums that encompass a sophisticated total precast core-and-shell structure for residential buildings. Precast pro- vides an effective podium system while meeting desired project architec- tural features, primarily, the amenity- level architecture and unique design. The precast footprint is designed to maximize efficiency and space in a very tight and dense suburban loca- tion.The top levels of these structures are being designed as unique multiuse roof systems, incorporating precast design features including recesses and overall structural steps in the building for the pool and courtyard area, patios, dog runs, landscaping and even bas- ketball and tennis courts. As the multifamily market con- tinues to flourish in Colorado with residents requiring benefits and ame- nities, precast concrete components will fill the need for quick erection timelines, while providing a variety of advantages. Precast buildings offer considerable benefits to owners, in addition to quicker project timelines that means occupancy opens faster, erection through all seasons and harsh weather eliminates adding contingen- cy time, resulting in cost savings for earlier openings and shorter financing terms. s rjohnson@enconunited.com Precast brings benefits to parking, rooftop amenities Rachel Johnson Marketing administrator, EnCon United Noise and vibrations from the parking structure and the living areas are dampened, creating more peace and meeting acoustical concerns for residents. WHO WE ARE Formerly Metrex Property Group, Inspire Residential is a full-service property management company with a wealth of industry experience. Serving Colorado and the Denver Metro area since 2006. Our tireless work ethic leverages our teams’ talents and skills, resulting in an unparalleled experience for residents and owners. We deliver results and inspire excellence in multifamily real estate. INSPIRING EXCELLENCE IN COMMUNITY LIVING THE INSPIRED DIFFERENCE Our property management style is personalized to support our clients needs. We diligently work to exceed the expectations of our owners and residents to provide optimal results. Inspire has vast experience in the Colorado rental mar- ket including , Market rate , LITC Housing , lease up and reposition experts . Call now and discover the Inspired difference. INSPIRE Residential www.inspireres.com Office: 720-529-9855 Contact: Jay Neal Direct 720-980-1166 jay@inspireres.com We recommitted to improving the experience for all our partners. That means providing creative underwriting to close even the most complicated deals, building stronger relationships, collaborating more and delivering solutions that move your transactions forward. A Partnership Committed To Your Success © 2021 Stewart. All rights reserved. | 678457935 Contact me today to learn more. Stewart Title National Commercial Services Denver Division Martin Gibeau Vice President 303.780.4060 main mgibeau@stewart.com stewart.com/commercial