Project Description
At this luxury mixed-use development, the design team mixed cost-effective wood framing with a sleek, contemporary exterior.
Two things make this project unique: the fact that it includes a Type III building with five stories of wood and a Type V building with four stories of wood on a shared concrete podium, and the use of prefabrication to speed the building process.
One of the keys to Stella’s success was coordination. With limited room on site, the developer, GLJ Partners, hired the framer to begin working on the wall panels about eight months prior to construction, which GLJ estimates “saved a few hundred thousand dollars just in general conditions and supervision.”
Adding to the savings, the framer says panelization typically takes 10 to 15 percent off the timeline compared to traditional site built construction. Construction cost for the project, which includes 244 apartment units, retail space, parking, and amenities such as a heated saltwater pool, sand beach and fitness center, was $65 million.