Project Type: Market Rate Multi-Family
Location: Ocala, Florida
Project Timeline: March 2022 – Q1 2024
Owner: Easlan Capital of Atlanta
General Contractor: FaverGray
Architect: Nelson Worldwide
The Grove at Ocala project is a luxury apartment community located on approximately 36 acres in Ocala, Florida.
The 448,645 SF community will consist of seven buildings with a unit mix of (112) 1-bedroom units, (196) 2-bedroom units, & (21) 3-bedroom units.
The project will also include 8 detached garages, a clubhouse, 2 pickleball courts, 2 bocce ball courts, mail kiosk, trash compactor, and pool.
The development will consist of 329 apartment units in two 3-story Type A apartment buildings, five 3-story Type B apartment buildings, eight 10-car detached garages, one maintenance building, a clubhouse with a fitness room, a resort-style swimming pool, and a trash compactor enclosure. Each apartment building will also include one elevator. Construction will generally be wood frame with stone and fiber cement trim exterior facade. The roofing will consist of architectural-style shingles and standing seam metal roofing. All building slabs will be post-tensioned concrete slab on grade. Interior finishes will consist of painted drywall walls, ceilings with a textured finish, and a mixture of carpet, faux wood flooring, and ceramic tile.
Wood cabinetry and trim with solid surface granite countertops will be installed throughout the complex to finish off the traditional southern theme aesthetic. The one, two, and three-bedroom apartments will all include screened patios, washer and dryer, stainless steel appliances, walk-in closets, and shaker-style cabinets. Site improvements will consist of water, storm, and sewer utilities that tie into existing public utilities. The site improvements will also include resort-style hardscaping, landscaping, irrigation, asphalt paving, concrete sidewalks, and large Southern Oak Trees. Completion is anticipated in the fourth quarter of 2023.
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.
American Campus Communities (ACC) has worked with FaverGray for over 10 years completing 12 projects across 5 states, including 6.8 million square feet, 4,425 units, and 17,000 beds. Each project built by the ACC/FaverGray partnership has been completed on time and within budget. FaverGray has demonstrated a high level of success related to pricing, subcontractor/supplier relationships, and customer service. Projects completed between our partnership range from townhomes, 3-story walk-up, podium, and infill 5-story type IIIa with a wrapped parking structure. All endeavors completed with FaverGray have been on a design-assist basis with a GMP contract structure, with FaverGray being an integral part of the development team from concept design through completion and turnover. The ownership and management team at FaverGray have operated with integrity, professionalism, and dedication in delivering successful projects. I would recommend FaverGray as one of the most established general contractors in the student housing industry.
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.
As the Director of Construction for 908 Group, I am responsible for overseeing our multi-family construction projects throughout the United States. The Nine a lumbia Apartments are a wood framed, 5-story, 486 bed, off-campus student housing community located blocks from the University of South Carolina in Columbia, South Carolina. We selected FaverGray as our construction manager for this project based on their qualifications and tremendous industry track record with delivering student housing. The Nine, which includes six multi-unit townhome buildings, a wood frame apartment wrapped precast garage, a swimming pool, retaining walls, and surface parking is still being completed on a sloped site with complex site logistics bordered by one of the busiest streets in town. Despite numerous straight days of rain at the onset of the project, the on-site staff and FaverGray Leadership teams collaborated well with their subcontractors and building officials and are working to complete the project both on time and within budget for some very excited students starting the Fall 2021 semester in their new homes.
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 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 has deep experience and dedicated leadership. FaverGray was the selected general contractor on a recent student housing bid project designed by our firm, Coursey Architects, in Gainesville, FL; the project delivery date was met for the fall of 2019, (to the Owner’s satisfaction and the new tenants’ great enjoyment), as was required by the Owner, due to the diligence of the FaverGray team from top to bottom. The field team had deep experience and dedicated leadership and was well supported by the project management team, back-office, and company leadership team across the board. This was a complex 3-building project, on 3 separate sites in the city, so it was really like managing 3 projects at once; each site had its own challenges and opportunities, and FaverGray managed these all very well.