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November 11, 2015
DENVER (November 11, 2015) — Palace Construction has been named the general contractor on Boulder Housing Partner’s “Project Renovate” after winning a competitive bidding process last month. The project will work to preserve and radically improve affordable housing units throughout the city of Boulder within the upcoming year.
“Palace Construction understands how important affordable housing is to the community and therefore we are putting forth the time and diligence to make sure these renovations will house residents safely and comfortably for years to come,” said Kari Feld, Project Manager with Palace Construction.
Boulder Housing Partners (BHP) has assembled $32 million in private equity and debt financing to put towards “Project Renovate”, which has plans of restoring 279 public housing units by the end of 2016. Permits and scheduling on six communities were approved late last month and have put a kick start onto the project. The approved properties range from apartments to single family and town homes, and are currently housing Boulder’s most economically vulnerable families, seniors and individuals with disabilities.
Palace will oversee extensive renovations such as installing Energy Star appliances, bathroom and kitchen overhauls, creation of open floor plans and additional storage, and new lighting features. Palace will also work on much of the exterior restoration including new siding, roofs, windows, and doors. All improvements will be designed to adhere to Enterprise Green Communities standards as well as City of Boulder Smart Regulations.
“The new restorations will give the residents who currently reside in these units updated, energy efficient living spaces, while remaining an affordable residential community for hard-working Colorado families,” Feld continued.
Properties in Boulder that are currently being renovated include Diagonal Court, Iris Hawthorn, Kalmia, Manhattan, Northport, and Walnut Place. In addition, Palace Construction will also be involved in the building of a new community center at Diagonal Court as well as renovation on current centers at the Manhattan and Kalmia properties.
For additional information or to schedule an interview with a Palace Construction representative, please contact Shawna McGregor at 917-971-7852 or email@example.com.
About Palace Construction
Since 1963, Palace Construction has been building structures and relationships of integrity throughout the Rocky Mountain region. Today, our distinct Commercial, Restoration and Emergency Services divisions assist clients in all areas of commercial and residential construction and on projects of every scope. It is this specialized but integrated approach to service that enables us to focus rapidly on each client’s challenges, develop a strategic pre-construction work plan that meets budgetary and time constraints and deliver a high-quality outcome. For more information, visit http://www.palaceconst.com/.