CLV Group has been involved in many successful construction and redevelopment endeavors. The following are a few select projects.
218 MacLaren - 46 Unit Apartment Building
This property was extensively renovated throughout including mechanical systems, exterior and common area upgrades and individual unit upgrades. Mechanical systems improvements were made to lower ongoing utilitiy costs and improve delivery of heat and hotwater. Exterior upgrades included new balconies railings, entrance canopy, landscaping and new paving. Common area improvements were also made to the property including a new grand entrance with wireless lounge, hallway improvements and an addition of a fitness centre. Unit upgrades consisted of new kitchens, bathrooms, flooring and lighting. These improvements resulted in a significant increase in rents and property value for the owners as well as comfort and satisfaction in the residents of the building.
131-141 Cooper Street - 200 Unit Hotel
As an example of redevelopment, representing a group of potential purchasers we purchased 131/141 Cooper Street as an apartment building and converted it to a 200 unit combined apartment and hotel, known as The Aristocrat, after analyzing market needs. Significant work was undertaked to make this conversion a success including common area modifications, exterior upgrades, creating a corridor between both buildings, in unit improvements and furnishing of the suites. This action created a 50% increase in property value.
Downtown Heritage Buildings Portfolio - 4 Apartment Buildings
CLV Construction represented a group of investors in renovating and retrofitting a portfolio of 4 apartment buildings, ranging from 22 units to 35 units. These buildings were near turn of the century construction with heritage flair. CLV Construction managed the installation of a new HVAC system to reduce energy consumption, upgraded all the common areas and interior unit elements. Individual units were outfitted with modern kitchens and bathrooms while maintaining the heritage flair that made these buildings unique. The improvements took place over 3 months and created a significant increase in value for the owners.