Parkloft

Client:
Parkloft LLC

Project Description:
Parkloft is a poured in place concrete and brick building with 120 one- and two-story residential lofts, ranging from 930 to over 3,000 square feet and features many upscale appointments such as 10'6" ceilings, sub-zero refrigerators and slab granite countertops. Three levels of subterranean and surface parking accommodate approximately 200 cars. The building was a financial success completed on time, under budget, with strong absorption. Parkloft is commonly regarded as the highest quality residential project in downtown San Diego and has received eight different industry awards including the Downtown San Diego Partnership's Alonzo Award for Best Residential Development.

Scope of Work:
Douglas Wilson Companies was the managing partner of the development entity responsible for developing the project concept and plans, coordinating land use and project approvals, negotiating the purchase of several parcels for the project site, securing equity and construction financing, supervising construction, and marketing and selling the loft units.