civil
Ulliman Schutte Construction Creates Solutions on its Back River Headworks Project
Ullman Schütte strives to provide customers with a high-quality end product that is delivered on time and within budget. When Ulliman Schutte Construction LLC builds a project as a general contractor, it looks for ways to complete portions of the job on its own. This “helps us control the schedule and quality,” Kristina A. Bruns […]
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Concrete Contractors Keep the Faith in the Face of COVID-19
As the coronavirus has made its way through the United States, operations have seemingly ground to a halt. Or have they? World of Concrete (WOC) reports that construction work has continued, and that some concrete contractors are taking measures to keep themselves safe. For example, Chris Forster, the vice president of operations for Largo Concrete, noted that […]
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Resource Industries Crushes Stereotypes in Construction
Resource Industries’ portfolio features projects of all sizes, scopes and levels of complexity. The construction industry is evolving in many ways, especially as it relates to diversity and technology. Nevertheless, it remains one of the most male-dominated industries in the world. According to the U.S. Bureau of Labor Statistics, women account for only 10.3 percent […]
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Ragnar Benson Construction Evolves With Industry Demands
Ragnar Benson Construction is overseeing modernization of the LATC Union Pacific facility. Since its founding in 1922, Ragnar Benson Construction has made a name for itself as one of the Chicago area’s leading builders for its professional, innovative and collaborative approach to projects. The company continues to expand and evolve with industry demands while maintaining […]
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Kenco Provides ‘The Good Stuff’ to Keep Customers Running
Kenco makes sure its parts and equipment for asphalt plants and construction equipment are built to last. To remain competitive in the busy construction industry, an operation can’t fall prey to being slowed down by equipment or component failures. In the construction industry, time is definitely money, and Kenco Engineering understands that well. That is […]
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Graham Continues its Legacy of Collaborative Partnerships
Graham brought its “one project, one team” philosophy to the Regina Bypass. Graham is well known for its more than 90 years in the construction industry, always working to create collaborative partnerships and forging solutions. With this legacy, the company came to the Regina Bypass project with its “one project, one team” philosophy, which enabled […]
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Surface Tech
Here are three ways JUNO XP can solve aggregate problems. As we all know, concrete starts off life as a pile of aggregate floating in a soup of cement and water. Problems with the mix often lie with the aggregates. JUNO XP was developed by Surface Tech as an alternative supplementary cementitious material (ASCM) that […]
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Ragnar Benson Construction
Ragnar Benson Construction modernizes an Intermodal Facility. Since its founding in 1922, Ragnar Benson Construction has made a name for itself as one of the Chicago area’s leading builders for its professional, innovative and collaborative approach to projects. The company continues to expand and evolve with industry demands while maintaining its reputation for the quality […]
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Saulsbury Industries
Extensive expertise, safety and partnerships help Saulsbury Industries succeeds with repeat clients.
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Eastwind Development
Photos requested. Eastwind Development LLC www.eastwinddevgroup.com Revenue: $35 million Headquarters: Palm Beach Gardens, Fla. Employees: 6 Specialty: Acquisition and development of multifamily housing Ron Roan, vice president: “We spend time focusing on the details of what will make the community outstanding.” Headline: Seeing the Potential Deck: Eastwind Development knows it’s all about location when it comes to developing successful multifamily housing communities in Florida. Eastwind Development prides itself on being a small and nimble firm when it comes to the acquisition and development of multifamily housing throughout Florida. “We are a local shop with a focus of developing entirely in Florida,” Vice President Ron Roan says. “I was born and lived my whole life in Florida and our president, Jack Weir, has been here for approximately 30 years. We understand our markets.” Eastwind, celebrating its 10th anniversary this year, was founded Weir in Palm Beach Gardens, Fla., in 2007. After serving as senior vice president for a privately held Florida multifamily development group, Weir saw the potential for a better company. Eastwind Development and its affiliate, Eastwind Acquisitions, focus on the acquisition and development of new multifamily housing. Being intimately familiar with its markets allows the company to make quick acquisition decisions. “We have strong local knowledge of the products, rents and where there might be issues,” Roan notes. “Jack and I can assess quickly whether a site will work for us, which sellers appreciate. Sometimes the smaller products give us an opportunity to pursue sites that aren’t for everyone, which means we don’t have intense competition and get better pricing.” Choosing a property may be a fast decision for Eastwind, but the company is in no hurry when it comes to the development. “We spend a considerable time designing our product,” Roan says. “We look at the market, who we are renting to and the trends. We spend time on the details of what will make the community outstanding.” After development, Eastwind does not have a timeline for selling its properties. “Some you might sell in a year or two after stabilization,” Roan says. “There isn’t one particular strategy. We are opportunistic with the market – when it’s the right time to sell we look to do that.” Appealing to Residents Eastwind’s residents range from millennials to seniors and each property targets a specific demographic based on goods and services in the area. “With each development, we identify the core demographics; who lives, works and shops nearby, and that comes back to picking the right locations and determining who your community will best serve,” Roan explains. When choosing a new location, Roan says he puts himself in the resident’s shoes and thinks about where he or she would shop, what the traffic patterns are like and whether there are employment centers nearby. “Those are the early things to consider when looking at sites to determine future residents and what types of rents the market will support,” he adds. Eastwind says technology and amenities are crucial aspects of its developments because residents now want Wi-Fi, electric car stations, walkability to public transportation and pet-friendly housing. “We are constantly reviewing emerging trends in the multifamily industry and we are cognizant of the changing needs of our residents,” Roan says. With a number of good areas to choose from and a booming multifamily housing sector, Eastwind is cautious of areas it knows can become over built. “One benefit of being local is that we know if there are going to be three or four projects coming online within a five-mile radius,” Roan explains. “Generally, we won’t try to go in and jump into that area if we feel there will be a saturation of new development.” Ventura Pointe In April, Eastwind acquired a 9.8-acre site in Pembroke Pines, Fla., located on the east side of University Drive between Memorial Hospital Pembroke and the Walnut Creek neighborhood. The company recently began construction of a $41.6 million, 206-unit apartment complex on the site that will feature two four-story and two five-story buildings, five detached garage buildings, a 5,800-square-foot clubhouse and a pool, along with a cutting-edge amenity package. Eastwind expects Ventura Pointe to be completed in early 2018. “There will probably be a fair amount of young professionals and millennials living there,” Roan says. “It’s an urban mid-rise project with a two-story clubhouse that’s amenitized with an outstanding exercise facility and social rooms for gatherings on the second floor. We are expecting it to be very successful.” Moving forward, Eastwind’s goal is to remain active in south and central Florida while keeping an eye on new markets. “We are hoping to expand into Tampa-St. Petersburg this year and we are considering Jacksonville,” Roan says. “We are primarily looking at Florida markets and continue to be very selective in our properties. We are a small, nimble, experienced group that looks to continue to stay ahead of trends, find a few strategic per year and produce high-quality multifamily housing developments.”
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