Additional clearing of the 2.5-acre adjacent parcel will be completed for the owner to sell as future commercial. Site improvements will consist of water, storm and sewer utilities that will tie into existing public utilities. The site improvements will also include 2 resort style swimming pools with hardscaping, a dog park and playground with substantial playground equipment, landscaping and irrigation, asphalt paving, parking shade structures, concrete sidewalks and a large pond with a water feature.
The development consists of 442 apartment units in one (1) four story Type III apartment building that includes the Clubhouse, two (2) four story Type I apartment buildings, and two (2) four story Type II apartment buildings along with one (1) maintenance building, two (2) swimming pools, one (1) pool bathroom, clubhouse containing separate fitness room, spinning room, yoga room and a clubroom containing a full kitchen and bar; (1) trash compactor enclosure. Type I apartment buildings will include two (2) elevators, and types II and III will each include one (1) elevator.
Construction will be mainly wood frame with some structural steel, primarily in the clubhouse. The exterior will be primarily fiber cement siding with Brick veneer at the first floor. Roofing will consist Asphalt shingle and standing seam metal roofing. All building slabs will be post tension concrete, on grade. Interior finishes will consist of painted drywall walls and ceilings with a textured finish, and a mixture of carpet and LVT flooring. Stainless Steel appliances, wood cabinetry and trim with solid surface granite countertops will be installed throughout the complex to finish off the contemporary style units.
Easlan Capital of Atlanta and its affiliate Parkside Equities have been developing mixed use and multifamily properties throughout the southeast since 1982. It is with great pleasure that we have been successful in awarding the last three projects, consisting of 810 units to FaverGray. All three were completed on time and within budget. Parkside at the Beach was actually ahead of schedule and after a record lease-up, the property was sold within 36 months of construction start. I would therefore highly recommend them…as we look forward to a continuance of our relationship in the future.
Gary B. Coursey, Architects has been successfully producing multi-family projects for 50 years. We have worked alongside FaverGray for many years on many projects. We find them to be efficient, thorough and highly professional. Parkside at the Beach is one of our favorite projects we designed, and FaverGray built; luxurious design, built solid, and was sold for a large profit after a year of successful occupancy. We are pleased to work with them and will continue to refer them on projects we are producing.
Our relationship with FaverGray has been more than successful. FaverGray is unique in that they combine the expertise and sophistication of a larger firm with a level of service and attentiveness of a smaller firm. These characteristics are exactly what we need and the projects have been delivered on budget, on schedule.
The FaverGray team is a trusted partner with American Campus Communities. They bring great value as an active participant during initial design and predevelopment activities through pricing, and in the field during construction. Jim and Keith have assembled a core team of leaders with impressive depth and experience, and they demonstrate their commitment to service and integrity every day at every level. We look forward to a long and productive relationship with FaverGray.
The field team had deep experience and dedicated leadership.FaverGray was the selected general contractor on a recent student housing bidproject designed by our firm, Coursey Architects, in Gainesville, FL; the projectdelivery date was met for the fall of 2019, (to the Owner’s satisfaction and the newtenants’ great enjoyment), as was required by the Owner, due to the diligence ofthe FaverGray team from top to bottom. The field team had deep experience anddedicated leadership, and was well supported by the project management team, backoffice and company leadership team across the board. This was a complex 3-buildingproject, on 3 separate sites in the city, so it was really like managing 3 projects atonce; each site had its own challenges and opportunities, and FaverGray managedthese all very well.
The FaverGray team functions as an extension of our staff and provides front end services of great value. They are virtually a completely integrated partner from beginning to end.