FaverGray Launches New Multifamily Project in Jacksonville Beach with Trevato Development

FaverGray's Trevato Development Project in Jacksonville Beach



FaverGray has recently initiated the construction of a significant residential project named Trevato on Beach Boulevard, located in Jacksonville Beach, Florida. This development will occupy approximately 10.7 acres and will introduce a total of 415 market-rate rental apartments, marking a new era for the former Adventure Landing site.

The Trevato project stands out with a grand total of 410,509 square feet, highlighting modern living trends with a variety of units that include one-, two-, and three-bedroom apartments. It consists of two three-story residential buildings designed with a traditional Southern aesthetic, featuring brick and fiber cement exteriors alongside standing-seam metal roofing. This blend of modern design and classic architecture aims to create a welcoming environment that residents can be proud to call home.

John Kitchens, the Division Leader at FaverGray, expressed enthusiasm about the project, emphasizing its significance as it is located so close to their headquarters. He stated, “We look forward to transforming such a well-known property into a thoughtfully built community that provides new market-rate housing options for Jacksonville Beach.” This sentiment reflects FaverGray's commitment to revitalizing the community and contributing to its growth.

Designed by Dynamik Design, the multifamily community is not just about housing; it will include a range of amenities that cater to residents' lifestyles. These amenities will feature a state-of-the-art fitness center, a clubroom for social gatherings, a resort-style pool courtyard, and a designated dog park. In addition, approximately 1,800 square feet of commercial space will be available on the ground floor, enhancing the convenience for residents.

Parking for the community will be ample, thanks to a planned four-story precast parking garage and additional surface parking options. Construction of the Trevato project has already commenced, with an anticipated completion date set for Q4 of 2028. This timeline indicates a robust commitment from FaverGray to deliver this transformative project within a strategic timeframe.

As a notable player in the multifamily and student housing sectors across the Southeast, FaverGray has a commendable track record, having constructed over 20,000 residential units valued at more than $3 billion since its inception in 2005. Their expertise in diverse project types, including garden-style and mixed-use developments, positions them well to take on this ambitious undertaking.

With its strategic location and diverse offerings, the Trevato project is expected to boost the local housing market, providing new options for residents of Jacksonville Beach. As exciting developments continue to unfold, this project illustrates the growing demand for modern, affordable housing in desirable coastal locations.

For more information on FaverGray and its expansive portfolio, you can visit their website at favergray.com.

Topics General Business)

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