East Pointe Apartments Construction Update, 8/2018

6 08 2018

No one can say DGA Builders is wasting time. A visit on Friday showed three sets of CMU foundation walls have been assembled and mortared, each for a ten-unit townhouse string. A few crewmen kept an eye on a material placement truck, also known as a stone slinger, as it launched rocks into the footprint encased by the foundation walls. This may be a crushed stone base (hardfill) for a concrete slab pour, given the stacks of rebar with surface rust sitting nearby. A shallow foundation would work fine here because two-story buildings aren’t especially heavy as structures go, and it would be less expensive and time consuming than a deep foundation. Elsewhere around the site one sees PVC sanitation pipes (sea green), water pipes (blue), and pieces for utility junctions.

Meanwhile just a stone’s sling away on Nor Way, Forest City realty continues work on the six-unit string (hexplex?) of townhouses. Two are fully framed and roofed, two have had their first floor framed though not fully sheathed, and the other two are only partially framed on the first floor. As with all the townhouse strings, these will incorporated some unique design features while keeping the general unit layout the same. I know they’re not happy about the East Pointe townhomes, but it could be a good synergy – the price points ($1,400-$2,000/month fr East Pointe, $350k for the Heights of Lansing townhouses) are such that renters who may wish to stay in that neighborhood may look at the Heights townhomes as an option.

A website is now up and running for East Pointe. It’s mostly stock images and bland corporate-speak, but they do have floor plans and some new renders. Here’s the advertising pitch:

“This apartment community is located on 20 acres in Lansing, NY, which is part of the Ithaca, NY, market. This is new construction of 140 state-of-the-art apartments. There will be 36 one-bedroom units, 90 two-bedroom units, and 14 three-bedroom units. The project will include fourteen apartment buildings with 10 units in each building that will be walk-up garden style with private entrances and a community building. All units will have high end finishes and amenities, including stainless finish appliances, microwave, dishwasher, washer and dryer, ice maker, granite counter tops, wood cabinets, vinyl plank flooring and wall-to-wall carpeting, tile showers, high end plumbing fixtures and lighting fixtures. All apartments will include a patio or deck. The community building will include the leasing and maintenance office, Great Room and warming kitchen for gatherings, and a fitness center. The project also includes an outdoor pool with changing rooms and shower.”

I have no idea what a warming kitchen is, but my very Sicilian mother is pretty good at turning kitchens into warming spaces around the holidays. A photo of the community center is included below.

UPDATE: I’m just going to add this here since the timing was ever so slightly off- on Monday the 6th, the construction loan was filed with the county. M&T Bank is lending Park Grove (represented by an LLC) $22.6 million for construction of the East Pointe project.





304 Hector Street Courtesy Post

7 03 2018

The following is a courtesy post sent in by Lynn Truame, Senior Real Estate Developer for INHS. 304 Hector Street, on Ithaca’s West Hill, was built in 2017 with the help of IURA-awarded HOME federal grant dollars. The 1,223 SF home is for sale for $149,000 to households making at or below 80% AMI ($42,400 for a single person, $60,500 for a family of four).

***

304 Hector Street:  Green Affordable Homeownership in the City of Ithaca

The single family home at 304 Hector Street looks like dozens of homes all over Ithaca:  an American Foursquare design with a broad front porch, located on a small landscaped lot.  But beneath that modest exterior lies something special:  a brand new LEED Gold Certified home that is affordable to the “Missing Middle”:  households earning around 80% of the Area Median Income, or less then $60,500 for a family of four.

304 Hector is the latest addition to Ithaca Neighborhood Housing Service’s Community Housing Trust (CHT).  The CHT program ensures long-term affordability for purchasers by allowing the homebuyer to only purchase the house. The land is leased from INHS under a very affordable 99-year lease, reducing the initial purchase price by excluding the cost of the land. Subsidies bring the cost to the buyer down even further, allowing CHT homes to be sold at prices that are up to 50% below market value. As the land owner, INHS retains stewardship over the project, ensuring the home remains affordable for future purchasers.

Like all of INHS’ CHT properties, 304 Hector is a “green” building. LEED for Homes, Indoor AirPlus, and Energy Star certified, this house well exceeds the minimum requirements of the building code, with special attention being paid to indoor environmental quality and resource efficiency. This green home surpasses conventional homes in four major areas:  greater energy efficiency, improved indoor air quality, better use of natural resources, and lower impact development. Building to these standards results in a home that is less expensive to heat and cool, more environmentally friendly, more durable, less polluting, and less wasteful to build.

Some of the most notable “green” characteristics of 304 Hector include:

  • Densepack cellulose insulation, made from recycled newspapers
  • EnergyStar appliances
  • Advanced air sealing and mechanical ventilation
  • High efficiency sealed-combustion boiler providing both heat and hot water
  • Low VOC paints
  • Green Label certified carpet
  • High efficiency, low-flow faucets and fixtures
  • Reduced construction waste
  • No tropical hardwoods
  • Triple pane EnergyStar windows

Completed in December 2017, 304 Hector was designed by architect Noah Demarest of STREAM Collaborative, and built by a local contractor, D-Squared Construction.  EnergyStar and LEED Rating services were provided by Steven Winter Associates, Inc.