FOR IMMEDIATE RELEASE
Kraus-Anderson completes renovation of Fontaine Towers in Rochester, Minn.
ROCHESTER, Minn. (May 2019) – Kraus-Anderson has completed construction of Fontaine Towers, a 119,000-square-foot affordable housing project located at 102 2nd Street SE in Rochester, Minn.
The project features the extensive rehabilitation of a 17-story, 151-unit multi-family affordable housing building originally constructed in 1982.
Rochester-based Titan Development & Investments is both the developer of the rehabilitation and the operator of Fontaine Towers.
Designed by Twin Cities-based LHB architects, major elements of the renovation included remodeling the kitchens in all 151 units and all common spaces; window replacements, tuckpointing and parking lot repaving.
Construction, which included demolition and remodeling, took place while the building was fully occupied and remarkably completed with minimal interruptions.
“Kraus-Anderson crews worked closely with building management and residents to keep residents informed and safe,” said Brian Haack, Titan’s vice president of affordable housing development. “The residents are incredibly pleased with the enhancements to their homes.”
KA and Titan also collaborated on the new Hilton, a 264-room luxury hotel in downtown Rochester which opened in early April 2019.
About Titan Development & Investments
Titan Development & Investments focuses on the development of hospitality properties, market rate apartments, affordable housing, and Senior Living communities throughout the country. Their extensive expertise of acquisition, finance, syndication, design, development, and construction allows them to successfully shift to different asset classes as the market changes. More details can be found at titandevelopment.us.
Established in 1897, Kraus-Anderson® Construction Company (www.krausanderson.com) is one of the nation’s premier commercial general contractors and construction managers. Kraus-Anderson, an Affirmative Action, Equal Employment Opportunity Employer, is headquartered in Minneapolis, Minn. and has regional offices in Madison, Wis., Bismarck, N.D., and Duluth, Bemidji and Rochester Minn.