Construction Today - September/October 2017 - 129
DLC is adding a 14th story
amenity level to the Millennium apartment building.
The building's age presented a challenge to Momentum
Construction, as Coldea notes that a number of hazardous
materials needed to be completely abated and removed before
work could proceed. The Millennium's location in downtown
Chicago also required the company to have an extensive safety
plan in place.
Fortunately for Momentum, all of the subcontractors on the
project have extensive experience on projects of this nature. "We
use all local subcontractors and consultants," Krivor says.
Many of the subcontractors also worked on a hotel project
located directly next door to the Millennium site. "That made
things a little easier and cut out a lot of surprises," Coldea says,
adding that the two buildings were at one point connected by a
'Focusing on Integrity'
Krivor co-founded DLC Residential with his brother Russ in 2004.
The company initially developed condo conversion projects
because shifting to the multi-family rental market 10 years ago.
Since then, DLC Residential has developed and built projects
in Chicago as well as in the Dallas/Fort Worth, Houston, Minneapolis, Orlando and Denver markets.
"By focusing on integrity, cost controls and careful market research, DLC Residential creates tangible assets and real cash flow,
resulting in viable investments and industry-leading returns,"
the company adds.
SEPTEMBER/OCTOBER 2017 CONSTRUCTION-TODAY.COM