Oaktree Development LLC was originally founded as Unihab, Inc. in 1969 as a design/build company specializing in factory-produced, urban, multifamily housing with a vision of maximizing quality and value by emphasizing good design. In the early stages of the company's evolution the path followed to realize this vision was the utilization of a patented modular housing system created by the company's founder, Arthur Klipfel.

The construction of some prototypical modular projects created within the company an expertise in the development process. Through the seventies and eighties many projects were developed, some modular, some rehab, and a great deal of new construction in the form of townhouses and mid-rise buildings. Many projects were large, comprising of more than 100 units. The focus remained on the vision of design quality and value in urban infill multifamily housing.

All the company's projects embody a sense of community not often found in residential development. A cohousing project was completed in the 1990's. A commitment to sustainability has been a core principle for Oaktree since its inception. As the new millennium opened, Oaktree made a further commitment to develop multifamily communities that are fully serviced with communication technologies. With these changes and the addition of new partners the company was reorganized as Oaktree Development.

AbodeZ Development creates responsive housing solutions at an affordable cost.   Using the insights gathered from the combination of years of experience of our team members in all aspects of development, design, construction management and marketing with the latest software, construction techniques and even research ideas from MIT, we have focused on re-engineering the multifamily development process from A to Z (hence the AbodeZ) name.

We have focused on two primary goals:   increased efficiency and increased flexibility.  Park87 Residences has employed modular construction, building information modeling and a factory-to-factory supply chain to increase efficiency.  Our custom fit-out supply chain and the implementation of a flexible interior wall system has allowed us to delay our marketing decisions to last possible moment to best react to the market.  Better yet, our customers can choose from many available floor plans using our new web-based fit-out solution selector developed in conjunction with MIT.