Multifamily Construction Powell Ohio
Your Full-Service General Contracting & Construction Solution in Powell
Rockford Construction serves Powell, Ohio, as a trusted partner for all residential construction needs – from apartment complexes, townhouses, and condos to multi-family and senior living facilities.
A Seasoned, Experienced, Turn-key Construction Solution
As a full-service general contractor in Central Ohio, including Powell, Rockford Construction specializes in multifamily developments. Our track record includes successfully delivering more than 60 residential projects totaling over 4,500 premium apartment and multifamily units throughout the Columbus area.
Though multifamily buildings and apartment construction projects tend to be our core business, our general contracting expertise extends to condominiums, commercial construction, tenant improvements, renovations, and the conversion and rehabilitation of downtown office buildings. As a result of our flexibility and extensive experience, Rockford Construction has completed well over $250 million in general contractors’ work for our clients throughout Central Ohio.
Build Homes. Connect People. Nurture Communities.
By building a commercial real estate property in Powell, you are not just providing a place for someone to live. You create a lifestyle by connecting people and creating a community. One of the biggest perks of multifamily living is entering a built-in community. Rockford Construction understands the importance of creating a nurturing environment where people can thrive and grow.
Value Engineering Expertise
Rockford Construction leverages value engineering strategies to optimize project costs while maximizing construction efficiency and quality.
Building a Sustainable Future Through Green Construction
Rockford Construction is committed to environmental stewardship through green building practices. We specialize in creating sustainable living spaces that meet rigorous standards, including LEED certification, Energy Star requirements, and AWARE guidelines. Our expertise in eco-friendly construction helps create healthier communities while reducing environmental impact.
Our Company
Family-owned and operated, Rockford Construction is a subsidiary of Rockford Homes. based in Central Ohio. Rockford Homes was founded in 1985 and began building single-family homes and condo floor plans for homes in Powell and surrounding areas. With a passion for building and decades of construction industry expertise, the Rockford team consistently achieves the high-quality work and outstanding results our clients demand.
Our Projects
Rockford Construction always has several current and upcoming commercial construction projects underway. If you are a construction partner or professional subcontractor looking to collaborate and bid on work or an individual interested in seeing our current projects, please follow the link below.
Our Work
Rockford Construction is a versatile general contractor for various construction project types. We have a solution for everything from apartment building construction to single-family and multifamily homes.
The Strategic Value of Multifamily Development
Whether you’re an experienced developer or new to real estate investment, multifamily projects offer accelerated wealth-building potential. While the initial construction costs in Powell may exceed single-family homes, multifamily developments generate more reliable cash flow, making them an attractive option for financing. Don’t let the scale of apartment development intimidate you – it’s a proven path to sustainable real estate success. And Rockford Construction is here to help.
Benefits of Owning a Multi-family Unit Property
Streamlined Maintenance
Due to the nature of multi-family buildings, units are grouped together, resulting in significantly fewer maintenance costs per unit. Multi-family properties can share many structural and management aspects, such as walls, HVAC equipment, and landscaping services. Streamlining any construction, renovation, or maintenance projects that may occur over time will keep your property desirable and appealing to many customers.
Steady Cash Flow
Owning multi-family buildings provides a consistent source of passive income every month. With affordable housing rental costs, managing and filling multi-family living spaces is easier than traditional single-family living spaces. Increasing average occupancy and revenue also makes multi-family buildings a less risky property investment.
Tax Breaks
Multi-family rental properties such as apartments and assisted living communities are just like businesses to the IRS, allowing you to benefit from tax deductions and special housing tax benefits.
Market Ready Investment
By constructing multi-family buildings from the ground up, you have the opportunity to include attractive amenities and services from the start. This gives you an advantage over your competition, which only renovates older investment properties.
Get to Know Powell, Ohio
Nestled in Delaware County, Powell is a charming city just 14 miles north of Columbus. This vibrant community traces its roots to the early 1800s and was officially incorporated as a municipality in 1947. What began as the Village of Powell transformed into a full-fledged city in 2000, following significant population growth during the late 1980s and 1990s. Today, Powell is home to a diverse population of 14,571 residents.
Powell’s economic strength is evident in its impressive financial metrics. The median household income is $182,736. The housing market also reflects this prosperity, with a median home value of approximately $463,900. The community shows strong stability, with over 93% of its 4,624 housing units being owner-occupied.
Education excellence is a cornerstone of life in Powell, Ohio, anchored by the highly-rated Olentangy Local School District. Residents take pride in institutions like Olentangy Liberty High School and Tyler Run Elementary. The district’s commitment to academic excellence is demonstrated by its highest “excellent with distinction” rating on its 2020 Ohio Department of Education report card.
Community life in Powell perfectly balances natural beauty with modern amenities. The city is known for its manicured neighborhoods and interconnecting trails, while award-winning parks provide abundant outdoor recreation opportunities. The walkable downtown area buzzes with local merchants, artisans, antique shops, and upscale restaurants. Annual events like the Powell Festival with its spectacular fireworks display and the family-friendly Lolli-Pops! Children’s Concerts create lasting community connections.
Powell offers convenient access to Columbus while maintaining its distinct suburban charm at the intersection of State Route 750 and Liberty Street (known locally as the “Four Corners”). This strategic location and exceptional quality of life have earned Powell numerous accolades. Money Magazine has recognized the city as one of the best places to live in the United States. Business Insider has ranked it the ninth-best suburb, and Movoto Real Estate has celebrated it as Ohio’s fifth-safest small town.
Powell truly embodies the perfect blend of small-town charm and modern suburban living. With its exceptional schools, robust economy, and family-friendly atmosphere, it continues to attract those seeking a premium lifestyle within easy reach of Columbus’s urban amenities.
Frequently Asked Questions
What areas do we serve?
We have completed construction projects in Powell and communities throughout Central Ohio. Rockford Construction is located in greater Columbus, OH, but we build commercial housing projects anywhere in Ohio.
What is some advice to consider regarding budget?
When working on a budget, prioritize, prioritize! It is important to remember what is most important to you because it is easy to get wrapped up in the excitement and go over budget. Create a prioritized list of all the “must-have” features and amenities, then outline how much you are willing to pay for each. Value engineering will come into play when your budget becomes stretched.
Keep in mind the shifting cost of materials in the various markets in which you intend to build. The professional leadership, expert management team, and gifted designers and contractors at Rockford Construction are committed to seeing your project through from promising kickoff to successful completion.
How do I get started constructing a multifamily development project?
The first step is to contact a multifamily construction contractor like Rockford Construction. Our experienced real estate developers and general contractors will work through the process of your project scope and outline the best course of action for building your commercial real estate complex.
What is multifamily construction?
Multifamily construction projects are as simple as they sound: a dwelling with several tenantable units grouped together. Many residents can live in the same overlying structure, but each family has a living space. Amenities include a bathroom, kitchen, common areas, and much more. Many of these homes appear to be independent, separate houses or apartments from the outside, which appeals to many residents and clients. All housing is built at complementary scales and in character to the surrounding neighborhood. Examples of multi-family homes include one and two-bedroom apartments, townhouses, condos, and duplexes.
How long does a construction project usually take?
The duration of a construction project is tied to the scope of the project. A safe answer would be anywhere from 9 months to 4 years to complete construction. Many professional real estate developers and contractors will tell you to expect the unexpected with construction. The factors that affect the timeline of a construction project are:
- Number of living spaces being built
- Availability of building materials
- Condition and development of the land
Are multi-family construction projects fully customizable?
Yes. One of the advantages of building a multi-family construction project over purchasing a renovation project is that it allows you to pick the most up-to-date plans, furnishings, and amenities to attract top-tier renters and buyers.
How much does a multifamily construction project cost?
All construction projects have different costs. Below are some cost guidelines for multifamily construction buildings in and around Columbus.
Land Costs (10-20%)
Land costs in Powell are the first big expense in multifamily construction. As one can imagine, purchasing land in rural areas is cheaper compared to urban infill communities. Many factors come into play, and this development cost may include demolition and clearing.
Hard Costs (50-70%)
The hard development cost of multifamily construction includes the expenses for physically building the multifamily housing: materials, safety equipment, and systems, labor costs, engineering services, as well as contractors’ and subcontractors’ bids.
Soft Costs (20-30%)
This construction cost covers the expenses that go into the work process behind the scenes, such as contracts and legal fees, Powell permit fees, city zoning, interior design, architects’ fees, and other similar expenditures needed to complete the project.
Rockford Construction Reviews
“Developing a strong partnership with Rockford Homes has been crucial to the growth of our business and the corresponding delivery of superior quality apartment homes for our active adult residents. We have enjoyed collaborating with the Rockford team to redefine 55+ living.”
Jane Arthur Roslovic CEO & Co-Founder
Treplus Communities
“I have worked with Rockford since 2000 on numerous construction projects, both single-family and multi-family, and in all this time, Rockford has consistently provided honest pricing and high-quality construction, plus they are good to work with. They know what standard you’re hoping for and they deliver it. You can’t ask for much more.”
Roy Lowenstein Project Developer
Homeport