Adriatic Development Group, Inc is a full-service general contractor that has been servicing clients in nationwide. We specialize in renovation, historical restoration and new construction of single-family homes, multifamily (market rate and affordable housing), tenant improvements and commercial projects. Since Adriatic is unique in the construction industry in that we self-perform the majority of our work, all team members are accustomed to our project philosophy of CUSTOMER FIRST. Our project managers are certified and are consistently educated to project management techniques that benefit all the parties involved in a project – that includes you.
We will work alongside of you and your team early in the project development stages to help you develop a reliable budget, a cost-effective design, accurate construction documents and an achievable construction schedule.
At Adriatic, our in-house skilled construction managers are assigned to their individual projects. We pride ourselves for having the top-notch construction managers in the game. The key to a successful partnership is communication with the client, and that’s what our construction managers are great at.
Our ability to get your project out of the ground on time and within budget is one of our core strengths. We will help you find savings and efficiencies in materials as well as construction process, without sacrificing your projects goals.
This is a delivery method where Adriatic leads the design team as well as managing the construction process. This has significant advantages for project owners namely: accurate design and budgeting, reduced risk and an efficient, streamlined build with one point of contact.
Adriatic provides a comprehensive construction management solution for our clients on all types of construction projects nationwide. This option allows us to manage your project from concept to completion. This is a transparent, open book solution that allows us to be involved and participate in the early stages of design development. In addition, this option results in accurately determining progressive costs, and value engineering to better manage the construction budget throughout the entire design and construction process.
Adriatic has enjoyed years of success in construction affordable housing including 4% low income housing tax credit (LIHTC), 9% LIHTC, 501(c)(3), HUD and Veteran new construction and acquisition/rehab properties nationwide from market analysis, its hands-on management of the development to asset management.
Affordable housing construction involves numerous complexities – from dealing with local, state and federal regulations to coordinating your construction team to ensure your project is completed at the highest quality, on budget and time. Adriatic prides itself on building well-designed buildings that are in context with their surroundings. We strive to construct problem-free buildings that are cost-effective in both short-term construction and long-term operation. We will work hand-in-hand with you to help to bring your vision to fruition.
Adriatic has a team of seasoned experts will analyze potential deals for market feasibility and scope. Affordable housing projects require and understanding of project costs, estimated affordable rents and market income.
Affordable housing management has many unique requirement and regulations. Our experience team understands affordable housing and LIHTC requirements so you can maximize credits, reduce tenant issues and streamline operations.