The Parkside at the Beach project is a 288-unit luxury apartment community located on an approximately 20-acre site at 17225 Panama City Beach Parkway, Panama City Beach, Florida.
Site improvements consist of water, storm, and sewer utilities that will tie into existing public utilities. The site improvements include resort-style hardscaping, landscaping and irrigation, asphalt paving, and concrete sidewalks and a large retention pond.
The development consists of 288 apartment units in nine (9) three-story type A apartment buildings, one (1) three-story type B apartment building, and two (2) three-story type B apartment buildings along with five (5) 8 car detached garages, three (3) storage buildings, (1) clubhouse with fitness room and pool area and one (1) trash compactor enclosure.
Construction is generally wood frame with cement siding and tabby stucco veneer. The roofing consists of architectural style asphalt shingles and standing seam metal roofing. All building slabs will be post-tensioned concrete, on grade. Interior finishes consist of painted drywall walls and ceilings with a textured finish, and a mixture of carpet and faux wood flooring. Wood cabinetry and trim with solid surface countertops are installed throughout the complex to finish off the coastal themed aesthetics.
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.
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.
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.
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.
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 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.