Case Study199 South 5th
Vision Development acquired the property at 199 South 5th out of a bankruptcy sale. The previous developer had attempted to turn a concrete office building into condominiums but ultimately had to exit the project before completion.
This project presented several challenges. Working in an urban environment, we had to negotiate all the construction challenges that come with building in a way that minimizes disruptions to the surrounding businesses and residents. Everything from building cranes to parking for subs to traffic patterns takes on a new dimension in an urban build.
In addition to building out the project to our high standards, we also had to overcome some challenges that come with converting as-is office space into high-end residential condominiums, and to do it in a way that doesn’t feel forced. Ultimately, our design team created a solution that our building team implemented, resulting in a finished project that was a net-positive for the community.
“There are always challenges with an existing as-is structure. Success lies in having the ability to solve problems as they arise.”
—Dan Lhota, Vision Development
PROJECT: 199 South 5th
SPECS: 6-story mid-rise, 24 units, 41,000 square feet
“Taking over an existing office building and converting to high-end Condominiums has its own unique challenges.”
—Brent Wrightsel, Vision Development