FAVERGRAY BREAKS GROUND ON THE JACK ON BEACH: 295-UNIT MULTIFAMILY COMMUNITY IN JACKSONVILLE

Jacksonville, Fla. (Sept. 14, 2022) – The Jack on Beach, FaverGray’s multifamily project is officially under development in the St. Nicholas neighborhood of Jacksonville. 

The Jack on Beach project will sit on a 10.06-acre site located at 3428 Beach Boulevard between Schumacher Avenue and Lamee Avenue. The market-rate residential community is scheduled for delivery in early 2024.

The 295-unit development will consist of three 4-story apartment buildings and a 2-story carriage house building with two townhome units and six garages.

The development will also include 13,043 square feet of leasing office and amenity space complete with clubrooms, coworking spaces, a lounge, a game room, and a 1,620 square foot fitness and yoga center. 

Outdoor living spaces will offer a resort-style pool surrounded by two pergolas, a gas fire pit, and two outdoor kitchen areas with gas grills. The residential multifamily community will also have a bike pavilion, dog park, and scenic walk around its three ponds.

All the units will include luxury vinyl plank flooring, stainless steel appliances, a full-size washer and dryer, quartz kitchen countertops, and granite bathroom vanities.

“The FaverGray team is honored to partner with Chance Partners on this exciting new project” shares Ben Hinson, Executive Vice President at FaverGray. “As a general contractor with native roots in Jacksonville, we are proud to be part of The Jack on Beach project to benefit the revitalization of the Spring Park community. We are confident that the project will be a desirable and successful multifamily development that will enhance the local community. We look forward to delivering another quality product to serve the local rental housing market.”

“Our team is thrilled to break ground on our first project with Chance Partners to bring high-end, luxury multifamily living to this growing area,” shares Walker Palmer, Division Leader at FaverGray. “The Jack on Beach will offer the best of everything FaverGray and Chance Partners bring to a new development.”

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.