The Conco Companies were awarded the concrete contract for a high-end condominium project that is currently under construction in the heart of Pacific Heights in San Francisco. The LuXe is a 34-unit condominium that is being developed by Belrich Partners, LLC and led by the marketing firm of Pillar Capital. Forum Design, an award-winning architectural firm, designed the building with a clean, but warm, modern aesthetic. The general contractor is Centrix Builders and Dolman Consulting Engineers is the structural engineer. The project broke ground in March, 2014 and is scheduled to be finished by the end of 2015.
Just recently the Topping-Off Ceremony was held on March 20th for the 7-story, 73 foot tall building. Conco’s responsibilities on the project are to provide all of the concrete pumping and reinforcement services for the project. In addition we are constructing two subterranean floors that will contain 49 parking spaces for the condo’s residents.
The LuXe will feature elegant, large floor-to-ceiling windows and spectacular views of the city and the surrounding bay. The luxury condominiums’ interiors will be filled with amenities such as wood paneling and designer finishes. Sales for the units will begin sometime this Spring.
The new condominiums are just a small start to help improve San Francisco’s housing shortage. A recent Zillow report shows that the city has granted only 193 new housing units permits for every new 1,000 residents. Paragon Real Estate also indicates much the same thing in their report. It shows San Francisco has had a population growth of more than 45,000 residents since 2010 but has only built 7,500 new housing units.