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Echo Boomer Urban Style 7-Level
   


Urban Style

Echo Boomers, “the generic offspring and demographic echo of their Baby Boomer parents,” are the only population segment in this economy providing growth in the apartment market. This webpage summarizes a seven level, patent pending, multifamily urban product, which meets the social and economic needs of this group, and pencils using current underwriting criteria.

        

Click on individual images to view with magnification

        

Club Manor Entry Elevation                           

                                                            

Echo Boomer Market

    •  72 million Echo Boomers ages 18 – 29
    •  Currently 24% of U.S. population
    •  In five years will be 33% with ages over 18
    •  94% are single
    •  Currently $27,700 national median income

 

Club Manor Garage Elevation                                                             

                                                            

Echo Boomer DNA

    •  Children of the wealthiest generation
    •  Protected, polished and programmed
    •  Educated and confident with high expectations
    •  Law abiding team players
    •  Highly collaborative but need structure to
        achieve social needs
    •  Image conscious traditionalists
    •  Health conscious and green aware
    •  Desire to live in urban communities

Club Manor Side Elevation                                                             

                                                            

The Club Manor Concept

    •  Very high density urban infill product
    •  High end traditional image
    •  Club with structured social programs
    •  Small studios with high end finishes that pencils
        for this mostly single group
    •  Stylish mezzanine lofts to enhance
        project image
    •  Enclosed, covered, secure parking
    •  Green building with visible green elements

 


The Development Opportunity, L.A. Example

    •  With $1175 rent for Studios, and $1450 rent for
        Lofts, with optimal site (see below), it can
        support land costs of $3,900,000 per acre plus
    •  Using conventional financing at 65%
        loan to value:
                 •  9.5% return on cost
                 •  14.92% internal rate of return
                 •  7% back end cap rate with a 10 year sell
    •  Using HUD 221(d)(4) programs with 90%
        loan to value:
                 •  8.09% return on cost
                 •  14.16% internal rate of return
                 •  7% back end cap rate with a 10 year sell


                                                                                                                                      Club Manor Front Door          

                  Elevation Options

                           •  Alternate elevations change exterior appearance only
                           •  “Downtown” elevation is for older downtown areas as an
                               alternate to the Club Manor look
                           •  “Urban Edge” elevation is to fit in newer communities with
                               more modern architecture
                           •  Custom elevations and designs are also available

          

                                                            

Alternate Downtown Elevation                           

                                                            

Alternate Urban Edge Elevation                           

                                                            

             

                                                                     Downtown Front Door   

                                                                                Urban Edge Front Door            

                                                            

Building Section               

                                                            

Project Details

    •  1.35 acres, 178 units/acre
    •  240 units
    •  100 mezzanine lofts on two top floors
    •  130 studios on two floors and in basement
    •  Six 1-bedroom and four live/work units
    •  300+ enclosed parking at floor level
    •  24,000 sq. ft. club and roof terrace
    •  Optional solar to provide 18% of demand


                                                                                                                                                    Ground Floor

Pre-Value EngineeredSM

    •  Patent pending, highly efficient seven level
        Type V wood Stretched Wrap Structure
SM
    •  Highly efficient parking layout at 327 s.f./stall
        (without tandem)
    •  Highly efficient parking structural design
    •  240 units with one bath and one kitchen design
    •  All loft and studios stack
    •  Highly efficient MEP design
    •  Thin slab terrace podium with precast concrete
        pipe planters and spas over columns

   

                                                            

     

                                                 "Downtown" Live/Work

                                               Entry Lobby                                                                        "Urban Edge" Live/Work

                                                            

Leasing/Management

    •  Leasing office at street level entry
    •  Club “wow” view at lounge entry doors
    •  Parking at each level except 4th with four entries
        per floor
    •  Two laundries each floor (less cost than in units,
        additional revenue, social interaction opportunity)
    •  Two trash rooms each floor (with trash bin pick-up
        at street level)
    •  Four stairs each floor
    •  Hidden roof well with easy access to maintain
        A/C condensers
    •  Interior horizontal head height passage for utility
        distribution

 

The Club

    •  A place to conduct structured social programs
        and to hang out

    •  3,145 s.f. sky lit lounge with bar/serving area,
        fireplace, and fold open doors to roof terrace
    •  17,600 s.f. roof terrace with event stage, 2 spas
        with raised decks, BBQ area, and 3 fire pits
    •  1,550 s.f. fitness center with workout patio
    •  1,365 s.f. game room with restrooms

 

Why Basement Units?

    •  Adds an additional floor within the code defined
        envelope
    •  Not new concept - Chicago Brownstones
    •  Ground floor retail and live/works are difficult
        to rent
    •  Urban (downtown) ground floor units have no
        privacy or security
    •  Our glass, spiked, railed, basement areaways
        provide privacy, light, and security

Second Floor Plan                              

Fourth Floor Plan                               

                                                            

Partial Section                    

                                                            

 

Green Building

    •  Optional rooftop solar with capacity of 18%
        of demand
    •  LEED Certification
    •  If previously developed site with close public
        transportation and with solar option would be
        eligible for LEED Silver
    •  Visual green components
    •  Priority parking for fuel efficient cars  
    •  Ceiling fans
    •  Bike racks                 •  Carpool priority parking
    •  Dual glass windows    •  Recyclable trash chutes

 

Studio Units

    •  Sliding opaque french door style glass partitions
    •  9 foot ceilings
    •  Ceiling fans
    •  Granite countertops

                                              Roof Plan with Solar Panels       

   
Mezzanine Loft Units

    •  16 foot ceilings
    •  Mezzanine sleeping area
    •  Ceiling fans
    •  Granite countertops

 

Live/Work Units

    •  Work: Street level corner with two exposures
    •  Work: 14 foot ceilings
    •  Live: Mezzanine loft unit (see above)
    •  Live: Entries from work side and through
        apartment basement level
    •  Adjacent storage area that can be rented
       separately

   

 

                 Studio - 374 sq.ft.                                                                      Mezzanine Loft - 488 sq.ft.

   

American Architecture

This Echo Boomer Urban Style product has been designed
in-house by award-winning architects to comply with
L.A. building and zoning codes, and is one of several
patent pending American designs which use American’s
Stretched Wrap Structure
SM.

American designs and builds a full range of multifamily
projects including: mixed use, live/work, luxury/market
rate/affordable apartments,luxury/market rate/affordable
condominiums, affordable family/senior housing, single
room occupancy, assisted living and student housing.

 

 

Coming Next!

    •  Eight Level Type III Stretched Wrap StructureSM
        216 units/acre

 

Live/Work - 854 sq.ft

Complimentary Design & Guaranteed Pricing

American will provide a complimentary preliminary
design scheme at the feasibility stage with
guaranteed construction pricing.

                                               Contact Us!

                                                           Greg Parker

                                               greg@americanmultifamily.com

                                                           714-377-1414

   
 
 

For two decades American has been passionate about delivering the highest quality multifamily neighborhoods for the lowest cost.
We provide turn-key design/build services, creating multifamily neighborhoods, ranging from 1 million to 100 million dollars

   
   

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The drawings, designs and concepts depicted in this webpage are the intellectual property of American Multifamily, Inc. and have been copyright protected through registration with the United States Copyright Office. This webpage is not to be disclosed, disseminated, distributed or copied and the contents, designs, and ideas represented in this webpage are not to be used for any purpose without the written consent of American Multifamily, Inc.

 
 
 

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