Project Close-Out Report
The Views of Naperville Apartments
Date Acquired: November, 2013
The renovation of The Views of Naperville Apartments included extensive site improvements, new landscaping, pool upgrades, building exterior repairs and enhancements, unit interior upgrades, a complete rehab of the Leasing Office, Clubhouse and Fitness Center building, elevator mechanical upgrades, elevator interior cab upgrades and extensive mid-rise corridors upgrades. This renovation commenced on January 16, 2014, with the approval of the elevator mechanical improvements contract and was substantially complete on May 21, 2015, with the completion of the decorative pool fence and outdoor lounge. With value engineering efforts made towards parking and paving, concrete and landing repairs and roof replacement, items completed to date are well within budget. The current project budget has a positive budget variance that can be used towards additional exterior enhancements to the mid-rise buildings.
Exterior Building Improvements
Interior Building Improvements