Gillis Gilkerson Starts Renovation of Jefferson II Apartments in Lewes, Delaware
SALISBURY, MD – October 9, 2017 – Gillis Gilkerson, one of the most stable and trusted Construction Management and General Contracting firms on Delmarva, today announced the start of construction for the renovation of Jefferson Apartments, phase II, located at 825 Kings Highway in Lewes, Delaware.
“We value the relationship we have built with The Severn Development Company,” Dwight Miller, president, Gillis Gilkerson. “This is the 8th affordable housing complex we have partnered on and know the renovations will add to the quality of life for the tenants and the surrounding community.”
“We at Severn Development are excited to work again with Gillis Gilkerson on the renovation at Jefferson,” said Spencer Leech, vice president, The Severn Companies. “Our aim of the renovation is to make Jefferson Estates a place that the residents will fondly call home.”
The project includes the comprehensive renovation of four buildings, 7,684 square feet each and a new 450 square foot office addition. Gillis Gilkerson will replace all building systems and install new windows, doors, kitchens, baths and all surfaces. Jefferson II will have a unit mix of 16 one-bedroom units and 16 two-bedroom units.
The project funding includes a mortgage by USDA Rural Development, Low Income Housing Tax Credits from Delaware State Housing Authority, equity from The Richman Group Affordable Housing Corporation, and construction loan from TD Bank.
Gillis Gilkerson is working in partnership with Architectural Alliance, Inc. and KM Construction Consulting, LLC on the project. Gillis Gilkerson project manager Robin Steininger says completion is scheduled for the summer of 2018.
About Gillis Gilkerson
In its 37th year of building and real estate development on Delmarva, award-winning Gillis Gilkerson has built a reputation as one of the most trusted and stable construction management and general contracting firms on the Peninsula. From new commercial construction to renovation, the company’s construction managers offer broad and deep experience in diverse industries such as medical, industrial, manufacturing, hotels, multi-family housing, houses of worship, restaurants, retail, schools and more. Its full-service real estate development expertise offers custom solutions for land purchase, building program development, turnkey project management, obtaining permits and approvals, property management, property marketing, purchase, lease, and lease/purchase options. The team works in conjunction with architects, government planners, engineers, surveyors, inspectors, contractors, and leasing agents to manage the development process from concept to completion.