Market Rate Multifamily
Designing market rate properties for the optimal resident experience in balance with long-term operational needs.
HDJ has in-house architectural, interior design, and engineering services. We know how bumpy the road can be to get to a closing. Our multi-disciplinary team allows us to rely on fewer consultants and prioritize your development needs.
Project Types in Market Rate Multifamily:
- New Construction
- Adaptive Reuse
- Renovation
- Additions
- Capital Expenditure
3200 Lakeview – North Chicago
We believe in working with our clients as trusted advisors to provide efficiently planned and designed projects that maximize value within a budget.
Related Perspectives
In July 2024, the Michigan State Housing Development Authority (MSHDA) updated its Standards of Design, aiming to provide developers with increased flexibility and cost-saving opportunities. Key changes include the removal of mandatory patios and balconies, reduced parking space ratios for non-senior developments, allowance for efficiency dwelling units, adjusted elevator requirements for smaller buildings, and new EV infrastructure mandates. These updates apply to projects using MSHDA's Direct Lending Program and select LIHTC developments, reflecting a shift toward more adaptable, market-responsive housing solutions.
Congrats to New Directions Housing Corporation on the GRRP award of $6.3 million! We are pleased to be part of this successful win!
Related Case Studies
Nestled in the heart of scenic Holland, Michigan, the newly opened Homewood Suites by Hilton represents the perfect blend of comfort, convenience, and modern design. Whether catering to business travelers or families on an extended stay, this 123-room, four-story hotel delivers a home-away-from-home experience that sets a new standard in hospitality.
Downtown Muskegon is undergoing an impressive transformation, and the General Capital Group has played a crucial role. Community reinvestment, redevelopment, and revitalization are vital to this change. The heart of Muskegon’s Lakeshore has seen a growing community come alive with history, art, performance venues, and culture. This growth has created the need for more affordable living options. TEN21 Apartments is the General Capital+HDJ team’s latest endeavor and an exceptional example of this growth and transformation.
How do we meet the challenge of developing affordable living workforce housing solutions? This is a challenge facing communities throughout the country, including West Michigan. One ardent and perceptive developer is helping meet this affordable living challenge by transforming the residential experience.Magnus Capital Partners (Magnus), a privately-held asset management and real estate investment firm, focuses on developing innovative residential communities.
