For multifamily projects that opened in 2010, it was often a modern miracle just to have gotten started in the first place. That’s because in a number of cases, these developments closed in the fall of 2008—at ground zero of the financial crisis. But that didn’t stop them from delivering top-of-the-line, innovative product, as the winners of the 2011 Multifamily Executive Awards, showcased in the following pages, clearly demonstrate.
Whether it was the glass-clad EnV in Chicago; the modern, arts-inspired Fitzgerald in Baltimore; the luxurious Austonian condo tower in Austin, Texas; or the green, affordable, and trailblazing Tapestry in East Harlem, N.Y., developers overcame the recessionary odds and hit the bull’s eye by bringing striking visions to life. And they didn’t stop with new development: Apartment owners also found creative solutions to existing problems, including bridging old and new in marketing a modern project, figuring out how to simplify employee network log-in systems, or providing housing for injured service members and their families.
Despite these challenges, however, the MFE Awards winners made 2010 a banner year, with projects, business practices, and leadership qualities that exemplify excellence in the multifamily industry. Congratulations.
Executive of the Year
In five years, Mark Alfieri has matured from a dealmaker to head of a hyper-capitalized, vertically integrated, institutional-quality national apartment platform.
MFE’s Rising Star of the Year Kenneth Naylor has climbed the ranks impressively at Carlisle Development.
2011 MFE Grand Award Winners
- High-Rise, Apartment: EnV Chicago
- High-Rise, Condo: The Austonian, Austin, Texas
- Mid-Rise: The Fitzgerald, Baltimore
- Low-Rise: Tortuga Pointe, St. Petersburg, Fla.
- Adaptive Reuse: The Presidio Landmark, San Francisco
- Apartment Renovation: University Apartments, Durham, N.C.
- Green: Mill District City Apartments, Minneapolis
- Senior: Cascades of the Sierra, Sparks, Nev.
- Affordable: Armstrong Place, San Francisco
- Mixed-Income: Tapestry, East Harlem, N.Y.
- Student: South Campus Commons, Building 7, College Park, Md.
- Best Use of Technology: OneSign - Single Sign On
- Community Service: The Cottages of Lakeshore, Birmingham, Ala.
- Military: MacDill Air Force Base Military Family Housing, Tampa, Fla.
- Marketing & Advertising: The Fitzgerald, Baltimore
- High-Rise Apartment: The Cameron, Silver Spring, Md.
- High-Rise Apartment: Gables Park 17, Dallas
- Mid-Rise: 777 South Broad, Philadelphia
- Mid-Rise: Mill District City Apartments, Minneapolis
- Low-Rise: The Crossing at Anaheim, Anaheim, Calif.
- Low-Rise: The Preserve on Fredericksburg, San Antonio
- Adaptive Reuse: The Hayes at Railroad Square, Haverhill, Mass.
- Affordable: Wolff Waters Place, La Quinta, Calif.
- Affordable: Castle Gardens, New York City
- Apartment Renovation: The Marquee Apartments, North Hollywood, Calif.
- Apartment Renovation: CitySouth, San Mateo, Calif
- Green: The Fitzgerald, Baltimore
- Green: The Austonian, Austin, Texas
- Island Palm Communities, Schofield Barracks, Hawaii
- Military: Fort Carson Military Family Housing Privatization, Fort Carson, Colo.
- Mixed-Income: Savoy Square at Legends South, Chicago
- Mixed-Income: Columbia Parc at Bayou District, New Orleans
- Best Reuse of Land: The Fitzgerald, Baltimore
- Best Reuse of Land: Sandywoods Farm, Tiverton, R.I.
- Senior: South Franklin Circle, Chagrin Falls, Ohio
- Senior: The Coronet, San Francisco
- Student: UCI East Campus Apartments Phase 3, Irvine, Calif.
- Community Service: Homes Fit for Heroes, Nationwide
- Best Use of Technology: Use of Technology to Increase Leads-to-Leases and Reduce Cost-of-Sales, Highlands Ranch, Colo.