Haven on Tucker
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Haven on Tucker

Louisville, KY

Apartments

Due Diligence and Development Oversight

Role

RPL provided due diligence and development oversight services on behalf of an institutional equity investor.

Unique Approach

  • Management of considerable grade (soils) modifications and site logistics
  • Installation of a series of lift stations for new sewer system
  • Adjusting through multiple labor challenges

Outcomes

  • Work completed to good quality
  • Property leased up quickly with positive reviews

Scope of Work

Eighteen two- and three-story garden style apartment buildings with tuck under garages, one clubhouse with swimming pool, one maintenance building and one trash compactor enclosure.

Project Summary

  • Client: One of the largest institutional private equity investment firms
  • Location: Louisville, KY
  • Size: 370 units, 2-3 floors, 274,000 RSF
  • Timeline: 2018 to 2021
  • Services: Due Diligence and Development Oversight
  • Cost: $46 million
  • Architect: SGN+A Architects
  • Contractor: Cityscape Construction