Multifamily Executive, October 2014
The Lofts at McKinley certainly has originality on its side: The property is the first senior housing development to be constructed in downtown Phoenix in almost 20 years, and it’s the first LEED Platinum-certified multifamily senior housing development in Arizona.
Gorman & Co.’s extensive experience in historic renovation came in handy on the project. The site is within the boundaries of both the Roosevelt Historic District and an “Area of Potential Effect” for archaeologically significant assets dating back to the Hohokam Indians. The designations required compliance with 26 historic preservation stipulations, as well as consultation with local Native American tribes and an archaeological dig.
Additionally, asbestos from the abandoned building occupying the site had to be cleared, and a zoning change was made after developers submitted the building application, causing a rework of the design.
Given the development hurdles, time saved during construction by using prefab SIPs instead of standard wood framing was critical to staying on deadline. They serve as a green feature, along with roof-mounted solar panels and a water harvesting system.
In a walkable, revitalized historic neighborhood, the Lofts at McKinley fills a gap in Phoenix’s housing market by providing 100 percent accessible, urban living for the 55-plus community. Rents are aimed at those earning 40 percent to 60 percent of the area median income.
Response has been strong; the property was fully leased in three weeks, with a majority of residents coming from outside the downtown area, nearly half with a disability and/or sensory impairment.