2026 MultiFamily Low-Rise
Winner
Project Statistics
Location: Beavercreek, Ohio
Type: Hotel
Size: 90,000 sq. ft.
ICF Use: 66,728 sq. ft.
Cost: $20.3 million
Total Construction: 83 weeks
ICF Installation Time: 85 days
Construction Team
Owner/Developer: Scarlet & Gray Hospitality LLC
General Contractor: HiFive Development Services
ICF Installer: HVN Inc.
Form Distributor: Fox Blocks by Airlite Plastics
Architect: HiFive Design Group
ICF System: Fox Blocks by Airlite Plastics
Fast Facts
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Four-story hotel completed two months ahead of schedule; 3 months saved
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ICFs enabled winter construction
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Projected annual tax savings exceed $200,000
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High-efficiency PTAC units, LED lighting, and ERV make-up air systems
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Energy modeling shows 35% energy reduction over ASHRAE 2010 standards
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Actual performance delivers 20% utility cost reduction; savings of ~$36,000/year
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