FTK Construction Services (FTK) has been awarded a contract worth $19m for the low-income housing tax credit (LIHTC) rehabilitation of Bridgeview Village Apartments in Charleston, South Carolina.

Constructed in 1971, Bridgeview Village is a 100% affordable housing and is claimed to be the largest privately-owned affordable housing community on the Charleston peninsula.

The 22 acres property, located at 108 N. Romney Street in Charleston, comprises nearly 300 apartment homes in 26 two-storey buildings. The project is being developed by a partnership led by Standard Communities.

FTKs scope of work under the contract involves complete extensive interior and exterior renovations at Bridgeview Village over a 23-month period.

Installation of new parking lot pavement, new LED lighting, new perimeter fencing, new roofs, sidewalk repair, energy-efficient enhancements, paint, carpentry, windows, and extensive landscaping will be included under exterior renovations.

The interior renovation will include installation of new central heating and air conditioning, major plumbing and electrical upgrades, flooring, and new interior doors.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Additionally, kitchens will also be updated with new appliances, cabinets, and countertops, new bathroom vanities, toilets, and tub surrounds.

Designed by Hooker DeJong Architects, the project also includes construction of a new ground-up Community Center that will include fitness centre, a business centre, and an additional community space.

Standard Communities Southeast Production director Tommy Attridge said: “Access to safe and affordable housing was a priority prior to Covid-19, and the pandemic has only exacerbated the need in Charleston.

“Standard Communities is excited to expand our partnership with FTK Construction Services to ensure the creation and preservation of affordable housing in this critical time.”

—————————————————————————————————————–

FTK Construction Services was awarded the LIHTC rehabilitation contract for Bridgeview Village Apartments in Charleston, South Carolina. Pictured: Mark Frazier, COO of FTK Construction Services. Credit: Business Wire.