Lake Plaza Student Condominiums & Parking Garage
About this Project
Value: $13,700,000
Year Completed: 2009
Location: Knoxville, TN
Area: 71,617 SF Building & 48,772 SF Garage
Owner: University Real Estate & Property Management, LLC
Architect: Design Innovation Architects
Delivery Method: Construction Manager At-Risk
Points of Pride:
- Repeat Client
Denark served as the CM At-Risk on the construction of a ten-story structure made up of 69 condominiums, and a 4-level precast concrete Parking Garage. The garage included 123 parking spaces for residents. The structure of this building started with a very unique foundation system consisting of all concrete footings that sit on top of a grid of Geopiers. This system involves drilling several 30″ diameter shafts 13′ deep and compacting multiple layers of stone to create enough soil bearing for the concrete foundations.
“I have worked with Denark on multiple projects, each with their own set of challenges. I must say, none was quite as daunting as having a $1.8 Million ‘challenge’ to the overall project budget and pro forma. Denark’s preconstruction team met the challenge head on and offered a cost saving alternative that was acceptable and that allowed the project to become a success.”
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