Project Timeline: January 2016 – July 2017
Owner: American Campus Communities
Architect: STG Design
General Contractor: FaverGray was selected as the General Contractor during the site selection process and provided Preconstruction and Due Diligence services through the project completion.
U Pointe on Speight is a luxury student housing project consisting of 178 apartment units. This 321,000 square foot community is situated three blocks southwest of the Baylor University campus on 2.8 acres in Waco, Texas.
The community includes a 5-story building surrounding a 6-level precast parking garage with direct access to residences.
Amenities include a well-appointed courtyard with a swimming pool accentuated with a jumbotron and televisions, outdoor lounge area, fitness center, cybercafé and study areas.
Apartment buildings are Type III wood frame construction. The exterior surfaces are composed of fiber cement siding, brick masonry, and storefront glass at the amenity areas. All buildings within the community are built upon post tensioned concrete slabs on grade. Interior finishes include painted drywall ceilings and walls with a textured finish, and a mix of carpet, wood, resilient vinyl plank flooring and porcelain tile.
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.
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.
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.
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 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.