University Commons Apartments

Role

RPL provided development oversight services on behalf of an institutional equity partner.

Unique Approach

• Construction during tight weather window and shortage of local resources
• Panelized wood walls on site

Outcomes

• Finished on time and within budget
• Opened with successful leasing

Scope of Work

Development of Phase 1 (of 2) multi-family apartment complex. Four 3-story garden style buildings with detached garages and a clubhouse with a fitness room, leasing center, entertainment room, and an outdoor fire pit and grill station. Located in a booming area of Bakken shale oil region.

Project Summary

• Client: One of the largest institutional private equity investment firms
• Location: Williston, ND
• Size: 278 units, 4 buildings, 3 floors, 240,446 RSF
• Timeline: 2014 to 2015
• Services: Development Oversight
• Cost: $38 million
• Architect: Engineers-Architects, P.C.
• Contractor: Bakken Contracting