There are numerous reasons why the stunning Indigo apartment complex won Silicon Valley’s 2016 Market-Rate Residential Project award, including its remarkable beauty, immense size, attractive location and array of high-end amenities. Covering a majority of the complex's exterior are Omega-Lite ACM panels from Laminators Inc. of Hatfield, PA.
Opening its doors in July 2016, the 2.44 acre / 723,636 square feet project consists of three 10-story towers and several two and three story podium buildings that span over an entire city block in downtown Redwood City, CA. Indigo features 470 smoke-free apartment homes ranging from $3,000 - $7,000 per month for a studio (495-682 sq ft), one bedroom (697-815 sq ft), two bedroom (885-1,159 sq ft) or three bedroom (1,481 sq ft) apartment to $12,000+ per month for a luxurious two bedroom, 10th floor penthouse suite (1,635-1,778 sq ft). Some of the features include modern/chef’s kitchen, exclusive access, high ceilings, wood plank flooring throughout, and a bathroom mirror with HDTV.
Residents can relish in Indigo’s full concierge service, a saltwater swimming pool with an open-air cabana lounge, outdoor theater and fireplace, deluxe spa/hot tub, fully-equipped fitness center including a yoga studio, spin studio, virtual fitness, and outdoor workout area. This pet-friendly apartment complex also features a pet park with a dog exercise area.
For an additional cost, residents can even enjoy parking in Indigo’s three-level high-clearance parking structure whose basement level is completely below grade and includes electric car charging stations.
Moving away from its glorious interior and fascinating amenities, another essential feature that makes Indigo stand out from the rest is its strikingly bold exterior. BDE Architecture based in San Francisco, CA elected to go with Laminators Incorporated Omega-Lite ACM panels to clad the majority of the exterior of the project. Omega-Lite ACM panels offer a highly decorative, strong, and durable surface finish for exterior wall surfaces. Composed of a polypropylene, light-weight corrugated core between two finished aluminum sheets, these panels are non-absorbent, water-resistant and easy to maintain.
Architectural Building Products in Buffalo, NY distributed over 160,000 sq ft of Omega-Lite ACM panels in an assortment of colors for the project, including classic Bone White as well as a variety of beautiful custom colors to elegantly accent the buildings, consisting of Mediterranean Blue, Great Grey and Granite Grey. Laminators’ capability to match custom colors to the architect’s specifications was significant in maintaining the consistency of the overall vision.
The ACM panels were installed using Laminators’ proprietary 1-Piece, Tight-Fit Molding installation system. This specific installation system made panel installation easy using Laminators durable 1-piece moldings — both "H" and "Reveal H" moldings are available providing two different design options for the panel joints. A traditional, yet high-tech appearance was obtained at an affordable cost for all involved.
Omega-Lite installed with the 1-Piece, Tight-Fit system guaranteed Indigo a class A fire rating as well as met NFPA (National Fire Protection Association) 285, Miami-Dade County Product Control and Florida Product Approval requirements. Laminators Inc. manufactures high quality ACM panels that meet these stringent performance levels and provide design professionals and building owners the confidence that their cladding will withstand the most extreme conditions.
AIMCO (Apartment Investment and Management Company) based out of Denver, CO acquired Indigo for $320 million, originally purchased by developer Pauls Corporation for approximately $190 million. AIMCO wasted no time getting most of the apartment homes leased resulting in positive earnings at rental rates above underwriting.