News

May 8, 2017
Transform Your Entire Building with Wheelhouse Construction
ApartmentBuildingRenovations
Transforming an entire apartment building is what Wheelhouse Construction does best. We know that each project is unique and challenging, and we work together with every owner to help them realize their vision and value goals. Our insight will save you time and money when deciding on which renovations and upgrades will add the most value to your property.
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March 1, 2017
Wheelhouse Construction Offices Relocate to Santa Fe Art District
SantaFeOffice
And They Have Created a Spectacular Showroom in their New Office Space!

Wheelhouse Construction renovated and designed its new space to be both a showroom and office space with finishes representing the diversity of construction styles they can perform.  Office facades incorporate rustic, loft-style elements, as well as a modern building with decorative tile and stone work.

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January 11, 2017
Wheelhouse Construction Announces New Plumbing Division
wheelhouseplumbing
We have partnered with our most trusted Master Plumber, Andy Forbes, and his Journeymen, whom we have worked with extensively for the past 7 yrs.
This partnership enables us to bring residential and commercial plumbing services “in-house”. This move allows us to:

  • Better Serve our Clients
  • Broaden our Capabilities
  • Tighten our Scheduling
  • Improve our Overall Operational Efficiencies

In today’s super-heated construction market retaining and scheduling quality subcontractors is one of the biggest hurdles to overcome. By having our own plumbing division we are now able to control one of the most important segments of our construction services. Andy specializes in the plumbing systems of vintage apartment and office buildings, which complements our core competency in renovations.

Andy is a highly qualified Master Plumber with over 25 years of experience in the industry. Before becoming the head of Wheelhouse Plumbing, Andy owned and operated his own very successful plumbing company and has many years of experience as a field superintendent and project manager. Born and raised here in Colorado, Andy is the third in line out of six brothers, and has raised two sons. Andy attended Red Rocks Community College and earned a degree in construction management before obtaining his first job in the plumbing industry. Today, with Andy’s unique set of skills he is ready to take Wheelhouse Plumbing to the next level by partnering with the well-established group of renovation professionals at Wheelhouse Construction.

October 26, 2016
Proof Is In The Profits – A Renovation Case Study
DenverApartmentRemodel
At Wheelhouse Construction we often mention that we offer more than just quality renovation services; we are also partners with our clients and assist them in formulating the most effective upgrade strategy to maximize the return on investment (ROI) of every project. We help owners determine the level of work that needs to be completed to achieve their financial objective. The sweet spot lies at the intersection of target demographic, maximum achievable rents for the neighborhood, surrounding competition, project budget, and investment horizon. An example of this successful formula is evidenced by a project that Wheelhouse Construction completed in 2015 in the Whittier neighborhood in Denver. The apartments were built in 1953 and contained 16, 520 square foot one-bedroom, one-bath units. The building had never undergone any significant renovation in its history. After several meetings with the prospective buyers prior to purchase, it was determined that due to the location of the property – near City Park, downtown, and the new St. Joseph’s Hospital complex- that the property would be ripe for a large-scale renovation. Wheelhouse Construction was able to create a preliminary project budget that provided the purchasers the comfort they required to proceed with the transaction and plan.

Over 85% Increase in Property Value and 258% Increase in Rents

BathroomAfterAs soon as the transaction closed Wheelhouse Construction was ready to commence construction. The units received new kitchens, baths, flooring, electrical fixtures, doors and trim, windows, and texture and paint; the plumbing lines, electrical wiring and most drywall was left intact. A new HVAC system was installed, the laundry room was remodeled and the entire property landscaped.
The property manager began pre-leasing the new units prior to the end of renovations and all of the units were re-leased within two months of project completion. Incredibly, the new units garnered rents and additional income of over two and a half times the original rent roll! Now, just over two years since the original purchase, the building is under contract to sell, which will yield an 85.62% increase over the original project cost (purchase + renovation).
Original Rent Roll: $7,270              New Rent Roll: $18,730     258% Increase!

MultiFamilyRemodel_Kitchen
MultiFamilyRemodel_ExteriorWheelhouse Construction has performed apartment building remodels of nearly every scale; from simple “lipstick” projects to full-blown renovations. We can tackle units one-at-at-time, or remodel the entire building once it is vacated. Whatever your needs may be, we can help you formulate a plan that meets your budget expectations and financial goals. Please call or email us to discuss a strategy for your project.

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September 21, 2016
Quality Workmanship and Attention to Detail

It’s our Attention To Detail and The Finishing Touches that make a difference in the final outcome of every project we complete!

QualityWorkmanship

BuildingRemodelTile Accents and Chandelier in Building Entryway RemodeledApartmentDecorative Wallpaper, Back Splash, and Light Fixtures
KitchenBacksplashModern Kitchen Cabinets, Back Splash, and Faucet Penn_BathroomUpdated Tile Accents and Bathroom Fixtures
DowningBathroomStylish Bathroom Sink and Faucet BuildingRemodelDenver-Tile Bathroom Tile Accents
BathroomFinishesModern Tile Decoration KitchenRemodel Modern Kitchen Finishes
July 21, 2016
Increase NOI with Tenant Occupied Building Renovations
TenantImprovements

Improving The Interior & Exterior Appearance of Your Property

Wheelhouse Construction will systematically renovate every aspect of your property per a pre-determined scope, which includes individual units, interior and exterior building improvements, common areas, landscaping and parking. We offer a thoughtful, creative and valuable solution that will increase rents and the value of your asset.

ExteriorApartmentRenovations

Exterior Improvements

The exterior of a building, or its curb appeal, is critical to attracting new residents who are willing to pay more rent. Remodeling or renovating the exterior of your property will increase the appeal to future residents. Wheelhouse Construction provides high quality exterior commercial remodeling services to ensure that your building remains up to date and continues to thrive.                               
ApartmentRemodeling

Interior Remodeling

Interior improvements can be made to not only improve the atmosphere and marketability of the units and common areas but to improve energy efficiency and durability of the units. Keeping the inside of your building looking clean, modern and well maintained will ultimately increase the NOI of your asset by attracting new residents that will be proud of their home.

 ExteriorRemodlingExterior Building Wraps

Exterior acrylic building wraps are becoming a popular choice for buildings in trendy urban neighborhoods.  High resolution photos are applied to buildings, giving it the final look of a mural painting.  The outcome adds character and charm to the exterior of your property

DenverLandscapingServicesLandscaping

Landscaping improves curb appeal by creating aesthetically pleasing courtyards, outdoor common areas and entrances.We manage the design and construction of the entire project ensuring a modern and clean landscape design.

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June 16, 2016
Trendy Capitol Hill Apartment Building with Panoramic City Views Restored
 CapitolHill_Renovation
A sought after Downing St. apartment building (formerly The Coachman Apartments) has been transformed into a modern living space with exciting amenities and spectacular Denver skyline views.  Wheelhouse Construction was the general contractor for the major renovations on the 82 unit, 11 story building, originally built in 1970.  The renovation phase of the transformation took approximately 10 months to complete.

Renovations to the building included new kitchens, bathrooms, glass balcony railings, mechanical systems, and flooring.  Common area amenities were added including a fitness center, yoga studio, communal kitchen with patio, indoor bike storage, and dog wash.

CapitolHillApartmentRemodel

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March 31, 2016
Wheelhouse Construction Completes Entire Building Renovation at SloHi’s Up and Coming Neighborhood
SloHiExterior
A group of investors which included Zvi Rudawsky, CPM® of Wheelhouse Construction purchased a 19-unit apartment complex located south of Sloan’s Lake in Denver.  The building and the units suffered from extreme deferred maintenance and was in extremely poor condition.  The ownership group hired Wheelhouse Construction to perform the renovation of the complex once all of the units were vacated.  The cost of the renovation was $475,000 which included new kitchens, new bathrooms, new flooring, new windows, new electrical fixtures, new plumbing fixtures, repairs to the HVAC and roofing system and new landscaping.  Upon renovation the average rental rate was $1,200/unit which was an increase of approximately $436/unit or $8,265/month.   Using a conservative capitalization rate of 6.5% this equates to an increase of in value for the property of approximately $1.5 Mil assuming a 95% occupancy rate.  The project was completed in the summer of 2015. The project received local press including television and news print as well as an article in The Wall Street Journal.
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May 01, 2013
1455 Vine Street Sees First Renovations in 20 years
ApartmentRenovationsDenver

Wheelhouse Construction has completed the renovation of 7 of the 10 units at The Vines Apartments at 1455 Vine Street. The building was constructed in 1968, but the units had not been renovated in nearly twenty years. After consulting with Wheelhouse Management the new owner felt that there was room for substantial rent growth with moderate renovations; this determination was made due to the track record of many nearby buildings in the Boutique and Wheelhouse portfolio.

New kitchens, bathrooms, flooring and hard surfaces were installed. The exterior courtyard was re-landscaped and outdoor seating and barbecue area was added. Both the front and rear parking lots were re-paved. The result has been an increase in rents from $550 to $900

April 12, 2013
Wheelhouse Construction Renovates 40 Units at Topaz
ApartmentRemodelDenver

Wheelhouse Construction has recently completed the renovation of the 40-unit Topaz apartment building at 1961 South Josephine Street in the DU neighborhood. The building was built in 1961 and formerly called the Skier’s Inn Apartments. Over the years the building had only seen modest renovations, basically on an as-needed basis to keep the units rentable. After a thorough market analysis and consultation with Wheelhouse Construction and Wheelhouse Management the new owner decided to reposition the property to fill a void in the DU housing market.

The units were completely renovated with new kitchens, bathrooms, flooring and paint. The exterior courtyard area was significantly improved with a decorative pergola, seating and a barbecue grill. The exterior street facade was also brought up to date. As a result of these improvements the average one bedroom rent was increased from $530 to $825, an increase of 55%. The rapid lease-up of this property during the traditionally slow winter months near a college campus, is testament to the fact the ownership, construction, and management strategy hit its mark.

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Nov 15, 2012
Wheelhouse Construction Completes Renovation of 383 Corona St
BuildingRemodel-Shift
Wheelhouse Construction has completed the renovation and adaptive re-use of the Shift Workspaces property at 383 Corona Street in the Alamo Placita neighborhood. The 16,000 square foot building, which was originally three attached buildings has been transformed into one of the most progressive, creative, and cutting edge office projects in the Denver area. The building, half of which was unoccupied and in disrepair, has completely changed the nature of this busy street between 6th Avenue and Speer Boulevard.The Shift Workspaces portion contains a 1500 square foot coworking (shared workspace) facility, 16 designated desks, and 25 private offices. The complex also contains the corporate headquarters of Boutique Apartments and Wheelhouse Apartments, the sister companies of Shift Workspaces. The Waffle Brothers restaurant still occupies ground floor retail space on the north side of the property. The popular breakfast and lunch eatery also underwent some interior and exterior renovations, including the installation of two large storefront garage doors which brightens the space and adds an indoor/outdoor feel.
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Wheelhouse Construction | 574 Santa Fe Drive Suite 210, Denver, CO 80204
303.991.6493 | contact@wheelhouseconstruction.com
Copyright © 2012-2017 Wheelhouse Construction – All Rights Reserved

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