RiverHaus Ground Breaking in Covington, KY

December 14, 2017

Ceremonial turning of dirt

We had the pleasure of heading to Covington, Kentucky this week for the groundbreaking of our newest mixed-use, luxury apartment development – RiverHaus.

A $50 million mixed-use, luxury residential apartment development at the former site of Mainstrasse, RiverHaus consists of 192 luxury market rate apartment homes and 3,100 square feet of retail. Comprised of studios, one and two-bedroom apartment homes, the development will boast the finest amenities in the Northern Kentucky market.

Mayor Joseph Meyer

“This project is going to build on and add to the quality of life here on Mainstrasse,” said Covington Mayor Joseph Meyer.

Residents will enjoy nearly 7,000 square feet of amenities, including an amenity courtyard, featuring fire pits, bar, lounge areas, grilling station, and saltwater pool with a large wet deck. A sky deck will give residents views of the Covington and Cincinnati skyline. Interior features include a coffee lounge, club room, conference room, pet wash, bike storage and repair, gaming and study lounge and 24-hour fitness center featuring Fitness OnDemand®. The project includes a guest suite and concierge services.

“Everyone who lives in Covington will benefit from the impact this development will have,” said Flaherty & Collins Properties CEO David Flaherty.

Apartments will include polished quartz kitchen countertops, cultured marble vanity tops with integral sinks, tile backsplash in kitchen, stainless steel appliances, undermount faucets and sinks, LED lighting in entries, kitchens, bathrooms and closets.

“This project has been the vision of the city of Covington and we couldn’t have done it without them,” said Flaherty & Collins Properties lead project developer Deron Kintner. “We are very excited to partner with the City of Covington on this fantastic new mixed-use development, which we believe will be the destination for luxury urban living in Covington.”

RiverHaus Breaks Ground

TCF is providing the construction loan for the project. Core Real Estate Capital provided additional financial support of the development.

PACE Equity, the leading project developer and funder of CPACE (Commercial PACE) projects on a national basis, is providing approximately 10% of total development funding, at $4,400,000, for RiverHaus. The project represents an exciting milestone as the largest PACE multifamily new construction project nationally. TCF Bank is the major funding bank on the development.

“This project is the largest new construction multifamily project on a national basis to utilize PACE financing, which is very exciting,” Beau Engman, PACE Equity Founder & President. “It’s always great to see PACE utilized to transform a vacant lot into such a fantastic project for the area.”

Additional project partners include PDT/SFA Architects, Civil & Environmental Consultants, Inc., and Harrison Lynch & Brumlee. Flaherty & Collins Construction is the general contractor.

The project, at 341,925 square feet, plans to be completed in 2019.

Breaking New Ground – Stonewater at the Riverwalk in Elkhart

September 13, 2017October 27, 2017

This week, F&C descended on Elkhart to break ground on Stonewater at the Riverwalk, a $32 million mixed-use development of luxury apartments and retail located in downtown Elkhart at the site of the former Elkhart Foundry. And our crew couldn’t have been happier with the excitement surrounding the project.

Stonewater at The Riverwalk will consist of 205 luxury market rate apartment homes and 6,300 square feet of retail space. Comprised of studios, one and two-bedroom apartment homes, the development will boast the finest amenities in the Elkhart market.

“We are very excited to partner with the City of Elkhart on this new mixed-use development, which we believe will be the destination for luxury urban living in Elkhart,” says Brian Prince, lead developer for Flaherty & Collins Properties.

Residents will enjoy over 6,800 square feet of amenities, including an amenity courtyard featuring fire pits, bar, lounge areas, grilling station and saltwater pool with a large wet deck. Additionally, the project includes a coffee lounge, conference room, pet wash, fireplace lounge, community demonstration kitchen, bike storage and repair, plus a gaming and study lounge. A 24-hour fitness center featuring Fitness onDemand® will be available for residents as well as concierge services.

In a release prior to the event, City of Elkhart Mayor Tim Neese talked about what a boon the project will be for the Elkhart.

“In addition to business attraction and retention, housing is an important component of the city’s economic development strategy,” said Mayor Neese. “Without adequate housing, the population of our city increases daily and declines in the evening, as employees return to their homes in adjacent communities and spend their hard-earned money dining and shopping elsewhere. The addition of 205 downtown units in Elkhart will help to capture a portion of that population, resulting in new income, property and sales tax revenue. We hope that this will be a catalyst for future development projects citywide and will welcome more people to live and invest in the city of Elkhart.”

Apartments will include cultured marble vanity tops with integral sinks, stainless steel appliances, washer and dryer, undermount faucets and sinks, as well as LED lighting in entries, kitchens and bathrooms.

Project partners include CSO Architects, American Structurepoint (Civil Engineer) and Lynch, Harrison & Brumleve, Inc. (Structural Engineer). Financing provided by First Source Bank. Flaherty & Collins Construction is the general contractor.

The project, at 237,337 square feet, plans to be completed by the Spring of 2019.

The Arbuckle Breaks Ground in Brownsburg

August 23, 2017August 24, 2017

BROWNSBURG, IN – Flaherty & Collins Properties has officially broken ground of The Arbuckle, a $40 million mixed-use, luxury residential apartment development at Arbuckle Park in downtown Brownsburg. In a ceremony held Wednesday, August 23, members of the Brownsburg Town Council, the Redevelopment Commission and Flaherty & Collins Properties came together to officially turn dirt on the new project.

The Arbuckle will consist of 208 luxury market rate apartment homes. Comprised of studios, one and two-bedroom apartment homes, the development will boast the finest amenities in the Brownsburg market.

“We are overjoyed that F&C has chosen to be a part of our community and our town of Brownsburg,” says Grant Kleinhenz, Town Manager of Brownsburg. “This public-private partnership will transform North Green Street into a vibrant, pedestrian-friendly economic center and a more welcoming downtown. This is only the beginning.”

“This development will help take Brownsburg to a whole new level,” added David Flaherty, CEO of Flaherty & Collins Properties. “We wouldn’t be here if Brownsburg hadn’t been investing so greatly into its community. This vision of a walkable, bikable, connected society is what we’ve had, and today you see that vision coming to fruition.”

Residents will enjoy nearly 7,000 square feet of amenities, including a courtyard with fire pits, bar area, grilling station and saltwater pool with a large wet deck. Paved terraces will also be present throughout the property. Interior features include a coffee lounge, fireplace lounge, conference room, pet wash, bike storage and community demonstration kitchen. A gaming and study lounge will also be available to residents looking to relax and unwind. A 24-hour Fitness Center featuring Fitness onDemand^® will be featured on the main ground floor, and the project will feature a guest suite.

Learn more by visiting ArbuckleApts.com or reach out to the site at TheArbuckle@flco.com.

One Team, One Dream

September 23, 2016December 8, 2016

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On Wednesday, Over 250 of Flaherty & Collins Properties 450-plus employees descended upon the JW Marriott in Downtown Indianapolis for our 2016 Company Wide Event.

The theme – One Team, One Dream – could not have been more appropriate.

At F&C, we are everywhere, as our Development, Construction and Management teams not only work on building affordable and market rate multifamily housing across the country, but also work on building strong communities where we live, work and play.

This week was a chance for us to invest in building ourselves and uniting our team to celebrate, well, us. Our hard work and efforts, our accomplishments, and to come together under not just a slogan or mantra, but a goal.

After a wonderful introduction to the day by our President, Jerry Collins, we kicked off our day-long, jam packed event with an amazing session of self-reflection and motivation from our guest speaker, Anne Grady. Anne shared several powerful messages with our team and we learned a great deal about not only ourselves, but interacting with others.

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After lunch and our lunchtime awards program – where we recognized winners in several construction and property management categories – we did a group event for charity, building 40 bikes that were donated later in the day to Boys & Girls Club organizations in Indianapolis and Noblesville, as well as Pathway on the Far East side of Indianapolis.

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Next up, our teams went on a Scavenger Hunt around White River State Park in Downtown Indianapolis. Our teams worked together to accomplish finding specific items or points of interest in the guide book, and winners received an Olympic style medal – and perhaps most important – a paid vacation day!

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From there, we broke for a few hours to allow everyone to get dressed to the nines for our capstone event – our dinner and awards program, followed by casino night and dancing in the Grand Ballroom.

Awards were presented to the following:

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Safety Award – honoring employees who continually have safety on the mind, following guidelines and SOPs and look for ways to expand their knowledge and bring safety to the workplace.

Gavin Greene
Dustin Stevens

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Construction MVP – the Construction MVP who has shown outstanding dedication, professionalism, hard work and positive mental attitude.

Gary Waters

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Property Manager of the Year – the Property Manager who has shown outstanding dedication, professionalism, hard work and positive mental attitude

Kourtney Cowell, The Heights Linden Square

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Maintenance Supervisor of the Year – the Maintenance Supervisor who goes above and beyond at their property, showing dedication, hard work, professionalism and positive mental attitude.

Steve Idol, Westlake

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Leadership Award – employee(s) who have shown outstanding leadership, direction, professionalism, hard work and positive mental attitude.

Teri Hedemark
Noelle Malatestinic
Brian Moore

Employee of the Year – presented by Jerry Collins and David Flaherty, the award recognizes the best attributes of all our winners and goes above and beyond at all times to exceed all expectations. Our MVP!

Thomas J. (TJ) Hinds

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With that, we danced the night away and played games to close out our celebration.

We would like to thank all our Flaherty & Collins Properties team members who were able to attend, as well as our sponsors for their generosity in helping us put on the event:

Platinum Sponsors

Belfor
Hays + Sons
KSMC Consulting
PPG Paints
Sherwin Williams
Wilmar

Gold Sponsors

Assurant
Signworks
Moen
RealPage

Silver Sponsors

Landman Beatty
LB Gray LLC
Ring Construction
America’s Floor Source
BrightView
Cleansweep
Gold Seal
Indy Pro Tow
Maintenance Supply Headquarters
Outdoor Management
Ray’s Trash
Sandlin Law Group
State Farm – Chris McCreery
Window Coverings, Inc.
Wise Landscaping

Bike Build Sponsors

BGI
Barry Daming Excavating
Drexel Interiors
Hulsey Drain & Sewer Service
Impact Trash Solutions
Kelly Landscaping
On Call Construction Services
PooPrints
Renovia
Ryan Fire Protection
Ryan Cronk
Sandlin Law Group
Shaw Flooring
Simplex Grinnell
United Road Towing
Yael Carpety & Floor Cleaning

Scavenger Hunt Sponsors

A Perfect Promotion
Cleansweep
IPS Inc.
Maintenance Supply Headquarters

General Sponsors

A-1 Painting Inc.
Accurate Construction Services
America’s Floor Source
ASAP Aquatics
AT&T
Craven’s Carpet Cleaning
Glass Tree
Handy Helpers
Heartland Golf Carts
Jani-King of Chicago
Joers Carpet One Floor & Home
Klean Restoration
Leaders of the Class Property Services
Liberty Painting
Pemberton Lawn Care
RentPath
Sandlin Law Group
Sebert
Waste Management

Breaking Ground at The Breakwater

December 17, 2015

A swarm of Flaherty & Collins Properties development, construction and marketing team members descended on New Albany for the groundbreaking of our newest project, The Breakwater.

You can check our more coverage of this exciting project and details here.

But what you came to the F&C blog for is the behind the scenes stuff, right?

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Our road crew got an early start and prepped our stage show quite well.

Our Marketing Team, Derek Miller and Jaime Young, made the trip! Derek flew the drone for construction aerials and took all our awesome pictures of the event, while Jaime live-tweeted the proceedings.

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And here’s one of Derek’s aerial shots of the project site:

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Flaherty & Collins Properties CEO David Flaherty spoke about what the project will do for the City of New Albany and its residents. Among the highlights, a projected $30 million economic impact over the next five years and the creation of over 200 new construction jobs, not to mention the roughly 300 new residents that will be brought to downtown New Albany.