In The News

FaverGray lands three contracts worth $18M


08.05.2008

The company has already stated its first project in Texas—a four-story, 124-unit Value Place hotel—in Baytown. The developer of the 45,000-square-foot hotel is Dallas-based ValPlace Development LLC. The hotel is expected to be complete in February 2009. FaverGray will also build another ValPlace Development hotel in Texas City, Texas. A construction start date has not yet been set for that project. FaverGray Senior Project Manager Chuck Mitchell will be the project manager on both Texas projects.

FaverGray will also build a 14-building, 168-unit apartment complex across the street from Santa Fe Community College in Gainesville. The Crossing at Santa Fe is being developed by the Collier Cos. FaverGray is scheduled to complete the project in 10 months.

Jacksonville-based FaverGray focuses on mutli-family, hospitality and senior living projects Florida, Georgia, North and South Carolina, Tennessee, Kentucky, Alabama, Indiana and Texas.

John Finotti
Access Public Relations
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