Construction Today - Volume 16, Issue 2 - 167
Palmer says. "But that's really a good way to differentiate the product. The millennial generation is really keen on amenities. They
want something like an all-inclusive resort."
Live Oak also has four projects under construction in Charleston, S.C.
The Morris Baker apartments, which broke ground in August 2017,
are targeted for completion in spring 2019. The 328,000-square-foot,
280-unit apartment complex will consist of four apartment buildings with a separate clubhouse and garages.
The $30 million project will feature standard amenities
that include a fitness center and an outdoor pool with grilling
stations. "This project is located in a part of town that needs new
living spaces and more modern amenities," Palmer says. "We're
providing an updated and modern living environment to an
The other project is a 66,000-square-foot apartment complex in
the heart of Charleston's downtown. The 655 E. Bay project calls for
a four-story building with 51 units and six three-story townhomes.
The $12 million project broke ground in December and should be
completed by spring 2019.
Since the building will be located in Charleston's historic district,
Live Oak's design team had to come up with a design that will complement the existing neighborhood. "The unique part of this project
is the exterior skin of the building," Palmer says. "It's a combination
of brick and precast stone veneer. The skin is very ornate and will
emulate the historic downtown district."
The townhomes are expected to attract established millennials
who want more space than a traditional urban apartment. "The developer is offering townhome living in the rental market and that's
unusual," Palmer says. "It's for established millennials who don't
necessarily want to live in an apartment but don't want to make a
commitment to buying a home."
Last year, Live Oak ranked among the top general contractors in
Jacksonville. It made the Jacksonville Business Journal's list at No.
14, with revenue in 2016 totaling almost $64 million.
In addition, the publication recognized Live Oak as the second-fastest-growing privately owned company in Jacksonville. Each year, the
publication selects 50 companies that have shown substantial growth
across all industries including construction, finance and law.
Little Ventures, Inc. In the Multifamily Apartment Industry, where
fluctuating trends and market variables are a constant, Paul Bertozzi &
Live Oak Contracting have quickly established themselves as fundamental
in an apartment project's successful development & completion. LVI's
turnkey cabinetry/countertop provisions thrive with the focused outlook
Live Oak Contracting has established for them, their partners and their
clients. LVI greatly appreciates the continued opportunities Live Oak
Contracting affords us.
VOLUME 16, ISSUE 2 CONSTRUCTION-TODAY.COM