The Augusta Group recently completed a conversion of an iconic mid-century 1960’s motor lodge into micro condos called Circa West Condominiums. This project was a complete remodel of an iconic building of solid. Repurposed in several ways, the project addressed the need for attainable housing with 64 micro condos, neighborhood revitalization along the Colfax corridor, while maintaining the existing character of the building. This project kept a cool mid-century vibe in the overall final design of the building interior and exterior.
Overcoming the unknown: The absence of drawings and plans from the original building amplified this challenge, as the details and construction quality of the build could not be ensured. For this particular project, it meant spending necessary time to assess the as-build conditions. Field measuring, scoping plumbing, assessing the existing demising walls, and evaluating the accessibility and testing the sound mitigation, were all demanding.
Consider what exists: When adapting an existing building, it is important to capitalize on the existing character. We wanted to embrace the vintage character, but create new and modern living spaces. Each residence has a large private balcony to enjoy looking out into Denver. The character of the building can also be found in its double tee construction. While the ceiling height is lower than what is typical in new construction today, the exposed tees throughout the building give the units and amenity area a unique look and feel.
End result: The benefits of lower construction costs, quicker timelines and the opportunity for a unique product make condominium conversions an attractive development opportunity, especially combined with aging hotels and motels. Additionally, these types of projects can alleviate the demand for attainable housing in rapidly growing areas.
While planning for these conversions, the most important aspect of a condominium conversion is to plan for the unknown. Plan for more unforeseen conditions than you might expect, and be flexible.
Flywheel Capital, Kephart, The Augusta Group
Excerpts included from Charles Russell, Kephart, article in ELEMENTS|Condo Considerations
Circa West Condominiums, https://www.circawestdenver.com