FAVERGRAY BREAKS GROUND ON 862-BED STUDENT HOUSING PROJECT IN GAINESVILLE – SEMINARY LANE

FaverGray is proud to announce that construction has commenced at the Seminary Lane project for developer Peak Campus Communities.

The Seminary Lane project is a 298-unit, 862-bed student housing community situated on approximately six acres in Gainesville, Florida. The community is located in the 5th Avenue/Pleasant Avenue District. 

This is FaverGray’s first project with Peak Campus Communities, a fully integrated student housing real estate company providing best-in-class property management, development, and consulting services. It’s also FaverGray’s initial project with Dwell Design Studio.

 The development will consist of 432,704 square feet of four new apartment buildings, varying from three to five stories, and two parking garages.

 Rooftop amenities will include a resort-style swimming pool, fitness center, Jumbotron, and courtyard spaces.

 FaverGray is on schedule to deliver the first phase of the project in the summer of 2023.

About FaverGray

FaverGray is an award-winning, fully integrated general contractor in Jacksonville, Fla., specializing in building multifamily, student housing, and senior living communities. Since 2005, the company has contracted more than $2 billion in project revenue. As a general contractor with projects delivered in 15 states and 61 cities across the U.S., FaverGray’s mission is to deliver success by offering creative solutions, providing a fully-integrated team from concept to completion, and exceeding client expectations. Visit www.favergray.com for more information.

 

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CEO |

James a. Gray

Gray co-founded FaverGray in 2005 and has more than 45 years of experience in design and construction management in the residential, commercial and industrial market sectors. As CEO, Gray is responsible for leading the development of FaverGray’s short and long term strategy, creating and implementing FaverGray’s vision and mission, maintaining awareness of the competitive market landscape, evaluating expansion opportunities and industry developments, maintaining social awareness and responsibility within FaverGray’s market sectors, assessing and managing corporate risks and management of banking and surety relationships.