2700 University Unveiled in Grand Opening Ceremony

December 14, 2016

On Tuesday, Flaherty & Collins Properties officially cut the ribbon and opened our latest project, 2700 University, in Saint Paul. The project, a $54 million mixed-use, transit-oriented luxury residential apartment development near the Green Line Westgate Light Rail Transit station, features 248 luxury apartments, with 80% of the apartment homes set for market rate and 20% for affordable.

We were joined and honored to have City of Saint Paul Mayor Chris Coleman as our primary guest speaker. Mayor Coleman spoke highly of the project and the need for affordable housing that new residents will be proud to call home.

City Council President Russ Stark congratulated team members on a job well done, remarking about how wonderful the project was and what it meant to the community.

Other guest speakers included Michele Smith, Minnesota Field Office Director for HUD, Pam Daniels-Halisi (BMO) and our own lead developer on the project, Ryan Cronk.

The event featured local brews, Topeca coffee (the future retail tenant at 2700) and music by the Ned Canter Trio. And of course, with it being December in Minnesota – we had to do an ice sculpture!

Many of the F&C team traveled up for the festivities and can state with first-hand experience, the Light Rail Transit system is the way to go (it helped us catch our flight home)!

We’d like to thank all our guests, as well as our project partners – LISC, HUD, NEF, The Met Council, the City of Saint Paul, BMO, Landform, Kraus-Anderson, and Urbanworks for a terrific, powerful project.

Residents of 2700 University will enjoy features and amenities that include: A first floor bar/coffee shop; high speed Wi-Fi throughout; a state-of-the-art 1,400 square foot fitness center featuring Matrix Fitness equipment, a yoga studio, and Matrix® MyRide+ Group Cycling; a year-round, resort-style heated saltwater pool with wet deck, and a hot tub with a heated deck; a 20,000 square foot courtyard; an Outdoor Living Room with fire pits, commercial grade grills, and outdoor furniture; a 1,600 square foot Bark Park with a Dog Park Express Course including a water station and waste area; bike storage with repair tools, stands and pumps; and underground parking.

Apartments will include: 100% LED lighting; luxury wood-style flooring in the kitchen, entries, and living area; oversized flat slab kitchen cabinets with custom hardware; premium carpet in bedrooms; oversized energy efficient windows; front load, full size Energy Star-rated washer and dryers; quartz countertops; Nest® thermostats; frameless shower doors; and recessed/decorative patios or balconies.

Learn more at www.2700university.com.

Union Berkley Riverfront Park Breaks Ground in Kansas City

November 29, 2016November 29, 2016

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On Tuesday, Flaherty & Collins Properties broke ground on Union | Berkley Riverfront Park in Kansas City, Missouri. The exciting project, developed by Flaherty & Collins Properties, is a mixed-use development along the Missouri River just blocks north of Downtown Kansas City.

You can read more about the project in our press release. And visit www.unionbp.com for more about the features and amenities of the project.

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We set up the site and prepared for a great morning with our project partners from Port KC, TCF, First Merchants Bank, Citizens Bank & Trust, Parse Capital, Landform and Cuningham.

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“We are excited to begin construction on this transformative property for Berkley Riverfront Park and Downtown Kansas City,” said Ryan Cronk, Vice President of Development for Flaherty & Collins Properties. “We believe this project, with quality housing that supports the growing Riverfront area, is another component that will continue to build on the thriving downtown of Kansas City. We have great partners with the Port KC team and can’t wait to showcase this project.”

The $72-million mixed-use development consisting of 410 luxury apartments and 12,400 square feet of retail space. A secure parking garage featuring 400 parking spaces, to be used by residents and retail customers, will be housed on property.

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Former Mayor Berkley (which Riverfront Park is named after) joined the festivities and celebrated the project. The development is just the beginning for the plans the Port KC team have envisioned for the Riverfront area.

“Port KC is very excited to have such tremendous partners in Flaherty & Collins Properties, building our first mixed-use development at Berkley Riverfront Park. Our partnership, from day one, has been focused to on fulfilling the vision of creating a vibrant new community along our waterfront,” said Michael Collins, President and CEO of Port KC.

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“It’s truly humbling knowing we can address so many desires today,” Collins said at the event. “We’re building a story.”

The project is chalk full of cool amenities and features – just check out the design and open space in the Club Room area:

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Residents of Union will enjoy features and amenities that include a 1^st floor bar/coffee shop, high speed Wi-Fi throughout, and a state-of-the-art 1,600 square foot Fitness Center with yoga studio. Also included in fitness options is a Group Cycling Studio. Union will showcase a year-round, resort-style, heated saltwater pool with wet deck and hot tub, plus 35,000 total square feet of outdoor courtyard space with an Outdoor Living Room featuring fire pits, commercial grade grills and outdoor furniture. A pet-friendly community, Union features a 1,600 square foot private and elevated Bark Park with a Dog Park Express Course that includes a water station and waste area. The Bike Shop amenity features bike storage with repair tools, stands, TVs, post work-out relaxation area, ping pong, and beer tap.

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And Union will offer residents and guests gorgeous, panoramic views of downtown and the riverfront park area. These amenities will support and activate the Berkley Riverfront Park space next to the Missouri River and meets the goals that Port KC had in mind when they identified the project.

Apartments will include LED lighting, with luxury wood-style flooring in kitchen, entry and living area. Kitchens feature oversized, flat slab cabinets with custom hardware. In addition, apartments will feature premium carpet in bedrooms, oversized energy efficient windows, front load, full size Energy Star rated washer and dryers, and quartz countertops, plus luxury features including Nest^® thermostats, frameless shower doors and recessed/decorative patios or balconies. Union will also include three furnished guest suites.

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Construction will occur over an 18-month period. Union expects to see first residents move-in mid-2018.

Learn more about the project at www.unionbp.com!

Progress Report: 2700 University

October 28, 2015

Our new mixed-use project, 2700 University, continues to build in St. Paul, Minnesota. Construction has progressed nicely since groundbreaking in late June. Check out the most recent pictures, taken by our Project Manager, Jeff Hammersley who was onsite yesterday:

When all is said and done, the project will look like this:

The project includes a resort-style pool, a Bike Shop, Outdoor Living Room, Business Center, Fitness Center and will have Wi-Fi throughout! Apartments boast movable kitchen islands, luxury, wood-style flooring, LED lighting and pendant / decorative track lighting.

Stay tuned for the latest updates as 2700 University continues to move along, and learn more about the project HERE.

The Depot Officially Opens

July 24, 2015

While The Depot at Nickel Plate in Fishers, Indiana has been leasing for some time (it’s currently at 72 percent leased in less than 9 months!), at Flaherty & Collins Properties, we have a tendency to make things official with a little style and panache, some treats and a few remarks from the projects main proponents. So it goes without saying we were pretty stoked to hold our Grand Opening ceremony for The Depot on Thursday, July 23.

Our awesome F&C team worked incredibly hard to make sure the building shined – and it certainly did. The Depot is one of the finest mixed-use apartment communities in the entire Midwest, with amenities that could rival those found in larger cities and towers.

Flaherty & Collins President Jerry Collins (right) and Construction President Chris Kirles share a fun moment at the Grand Opening of The Depot at Nickel Plate

As our own CEO, David Flaherty said, we’re extremely proud that through the combined efforts of the City of Fishers and Flaherty & Collins Properties, The Depot will bring in roughly $100 million to the City over the next 20 years. It’s the kind of environment that Fishers envisioned when the concept of this project began in 2012.

“About three years ago, we drove around downtown Fishers, dreaming about what could be possible,” said Mayor Scott Fadness. “We are truly great partners in this project. When I see this downtown come to life like this, to see it transform into a vibrant downtown, it’s truly great.”

Flaherty & Collins Properties CEO, David Flaherty, agreed.

“Developments like this don’t happen without great Cities and Towns,” Flaherty said. “And Fishers is one of the best we’ve ever worked with.”

You can view the remarks by Fishers Mayor Scott Fadness, David Flaherty, OneZone Chamber of Commerce Board Chair Dan LeReau and Vice President Dan Canan and F&C Construction President (and lead developer on the project) below:

And to wrap up your F&C Friday Blog fun, here are some more pics from the event:

2700 University Groundbreaking

June 25, 2015June 29, 2015

Earlier this week, our development team broke ground on an exciting project in St. Paul, Minnesota – 2700 University. The project, a mixed-use, transit-oriented development (TOD), that sits near the Westgate Station of the Green Line is a truly unique addition to the St. Paul area, with 20 percent of the 248 units set aside for affordable residents.

Residents will enjoy features and amenities that include a resort-style, heated saltwater pool and sundeck with cabanas, a courtyard for outdoor relaxation and enjoyment, a state-of-the-art fitness center, an outdoor living room with fire pits, a pet grooming spa, bike shop with indoor parking, bike stands, pumps, tools, work bench, water bottle filling station and TV/lounge area, clubroom with billiards, grilling areas, cyber café, resident concierge services, controlled building access and Wi-Fi throughout.

Apartments will include 42-inch kitchen cabinets, moveable islands, full size washer and dryer, Roman soaking tubs, patios or balconies, upgraded carpet, pendant and decorative track lighting, with LED lighting included in all units.

The project, at 345,611 square feet, will have an additional 3,000 square feet of first floor, street-front retail space and 219 parking spaces below grade. 2700 University will take approximately 16 months to complete and plans to open in the Fall of 2016.

Project partners include the Housing and Redevelopment Authority of the City of Saint Paul the Metropolitan Council, Local Initiatives Support Corporation (LISC – Twin Cities), BMO Harris Bank and the National Equity Fund, Inc. (NEF). UrbanWorks will serve as the project architect, with Kraus-Anderson as the General Contractor. The project will be LEED^® certified.

Our own Marketing Coordinator, Lauren Henderson, took on Master of Ceremony duties as Marketing & Communications Director Brian Moore was on vacation. She did a great job organizing the event and ensuring everything was “handled” well. Flaherty & Collins Properties Vice President of Development, Ryan Cronk, spoke on behalf of F&C, as well as Developer Austin Carmony. Flaherty & Collins Properties CEO David Flaherty, President Jerry Collins and Project Manager Jeff Hammersley also attended the ground breaking festivities.

We’re excited to begin the project and keep an eye out for more information and pictures here and on the F&C corporate website for more on 2700 University!