Multi Family Residential

1. Largest Projects:

   • The highest value project is Heartsease at Calabash in North Carolina, valued at $164,900.00, awarded to Capstone Building Corp. (close date: 1/17/23). This indicates a significant residential development, possibly a large-scale apartment complex or housing project.
   • Other high-value projects include:
     • Erickson Senior Living – Lantern Hill in New Jersey, valued at $243,247.59, awarded to Wohlsen Construction Company (close date: 9/4/15).
     • Collective on 4th Project in Oregon, valued at $122,000.00, awarded to John Hyland Construction (close date: 5/28/19).

2. Mid-Range Contracts:

   • Projects like Curtis Apartments in Massachusetts ($97,550.00) and Preston Ridge Phase 2 in North Carolina ($80,000.00) highlight mid-range residential developments.

3. Smaller Contracts:

   • There are numerous smaller contracts, such as:
     • 8 Unit Apt- disaster-Highland Corners Apts. in Georgia ($2,500.00), awarded to Rolyn Companies, Inc. (close date: 3/8/12).
     • Condo Lobby Renovation in Washington, DC ($300.00), awarded to Bennett Group (close date: 1/11/18).

Geographical Distribution:

1. Key States with Multiple Projects:

   • Georgia and North Carolina are prominent in this dataset, reflecting significant multi-family residential development activities.
     • Notable projects in Georgia include Gateway Norcross ($50,000.00) and Canaan Crossing ($35,103.00).
     • North Carolina projects include Preston Ridge Phase 2 and Renaissance Apartments ($50,102.00).
   • Massachusetts also has multiple projects, including Curtis Apartments ($97,550.00) and Wall Street Apartments ($60,000.00).

2. Regional Presence:

   • The projects are distributed across various states, including Florida, Texas, New Jersey, and California, reflecting a broad national presence of multi-family residential construction.

Types of Projects:

1. Variety of Residential Developments:

   • The dataset includes a mix of multi-family apartment complexes, senior living facilities, student housing, and mixed-use residential developments. Examples include:
     • Erickson Senior Living – Lantern Hill (senior housing) and North Shore Place Assisted Living ($83,620.00).
     • Morehead State University Main Campus Residence Hall in Kentucky ($40,000.00) showcases student housing.

2. Mixed-Use and Assisted Living Projects:

   • Projects like Petworth Safeway in Washington, DC, ($60,320.00), which combines residential and commercial elements, reflect a trend towards mixed-use development.
   • Assisted living projects such as North Shore Place Assisted Living highlight the demand for senior housing.

Contractor Involvement:

1. Repeat Contractors:

   • Campanelli Construction appears multiple times with projects like Redbrook Phase II ($62,485.00) and Curtis Apartments ($97,550.00), indicating a specialization in multi-family housing in Massachusetts.
   • TDK Construction also has multiple high-value projects such as Foxland Crossing ($56,051.22) and The Reserve – Johnson City, TN ($52,000.00).

2. Key Contacts for High-Value Projects:

   • For Heartsease at Calabash, the highest value project, the contact is at Capstone Building Corp. (North Carolina).
   • Erickson Senior Living – Lantern Hill can be explored further by connecting with Wohlsen Construction Company in New Jersey.

Strategic Insights:

1. Focus on Multi-Family and Senior Living:

   • There is a clear trend towards the development of multi-family apartment complexes and senior living facilities. Companies specializing in these areas could capitalize on these trends by focusing on high-demand areas.
   • Senior living projects appear frequently, which indicates a growing market in states like Florida and New Jersey.

2. Opportunities in Key States:

   • States like Georgia, Massachusetts, and North Carolina have a high number of projects, which suggests potential opportunities for contractors and developers to further explore or expand in these regions.
   • The prevalence of multi-family developments in Georgia, in particular, points to potential for growth in the state’s residential sector.

3. Mixed-Use Developments on the Rise:

   • Projects like Petworth Safeway indicate that there is growing interest in mixed-use developments that combine residential and commercial spaces. This is particularly evident in urban centers where maximizing land use is essential.

Conclusion:

The data reflects a healthy mix of multi-family residential projects across various states, with significant investments in both standard apartment complexes and specialized housing, such as student and senior living facilities. Contractors focusing on these types of developments, especially in key states like Georgia, Massachusetts, and North Carolina, could find ample opportunities for expansion. The trend towards mixed-use developments also suggests a potential area for growth, particularly in urban environments.