Ocean Village Apartments Progresses in Palm Coast, Florida

5/28/26 Construction continues moving forward at Ocean Village Apartments, a luxury multifamily community currently under development in Palm Coast, Florida. FaverGray is serving as the general contractor for the approximately 20-acre project, which will deliver 314 apartment units built to combine elevated coastal living with modern multifamily amenities. Located off State Road 100 and just minutes from Flagler Beach, Ocean Village is positioned within one of Florida’s growing coastal markets, offering residents convenient access to beaches, recreation, dining, and surrounding community destinations. The development includes four residential buildings featuring a mix of three-story and four-story construction, along with extensive amenity spaces and site improvements designed to support a connected and highly activated resident experience. Resort-Style Amenities Designed Around Coastal Living Ocean Village Apartments is being designed to create a lifestyle-focused environment centered around wellness, recreation, and social connection. The community’s amenity package includes a 10,000-square-foot clubhouse featuring private work rooms, a fitness center and yoga studio, game lounge, leasing offices, and a club room with bar. Outdoor amenities will include a resort-style swimming pool, fire pits, grilling stations, gathering areas, and landscaped spaces designed to encourage outdoor activity and connection throughout the property. The overall site layout emphasizes walkability, outdoor engagement, and a resort-inspired atmosphere that reflects the surrounding coastal environment. Construction Progress & Project Scope FaverGray’s scope includes residential construction, clubhouse and amenity spaces, utility infrastructure, stormwater systems, paving, landscaping, and comprehensive site improvements throughout the development. The residential buildings are being constructed using primarily wood-frame construction with steel stairs and precast elevator shafts designed to support long-term durability and structural performance. Exterior finishes include fiber cement siding, stone accents, and architectural-style asphalt shingles. All residential buildings are supported by post-tensioned slab-on-grade foundations engineered to enhance long-term stability and performance throughout the community. Interior apartment finishes will feature stainless steel appliances, quartz countertops, luxury vinyl plank flooring, upgraded cabinetry, and contemporary lighting and finish selections designed to balance functionality and modern design. Supporting Growth Along Florida’s Coastal Markets Ocean Village Apartments reflects continued demand for thoughtfully designed multifamily communities throughout Florida’s coastal regions. The project also represents FaverGray’s ongoing experience in the construction of market-rate multifamily communities across Florida and the Southeast. As construction progresses, FaverGray remains focused on quality execution, coordination, safety, and delivering a community designed to support long-term resident experience and value. Ocean Village Apartments is currently scheduled for delivery in July 2027.

FaverGray – Ocean Village – Palm Coast – Multifamily Project

1/21/26 We’re kicking off the new year with a fresh aerial look at Ocean Village Apartments, a luxury multifamily community currently under construction in Palm Coast, Florida. Our latest drone footage captures early momentum across this expansive 20-acre site and offers a clear view of how the community is beginning to come together. Aerial Perspective on Early Progress The January drone update highlights ongoing sitework and the foundational stages of construction, showcasing the overall scale and layout of the development. From initial grading to infrastructure progress, the aerial view provides valuable insight into how the buildings, roadways, and shared spaces will ultimately be arranged throughout the property. Seeing the site from above underscores the thoughtful planning behind Ocean Village and sets the stage for what will become one of Palm Coast’s premier residential communities. Project Overview: Ocean Village Apartments Ocean Village Apartments is a 314-unit luxury multifamily community located off State Road 100, just minutes from Flagler Beach. The location offers future residents convenient access to coastal destinations while remaining close to shopping, dining, and everyday essentials. Once complete, the community will include: Four apartment buildings ranging from three to four stories Six well-designed floor plans High-end, coastal-inspired interior finishes such as: Quartz countertops Stainless steel appliances Luxury vinyl plank flooring Upgraded cabinetry Amenities Designed for Relaxed, Modern Living Ocean Village will feature a robust amenity package designed to support both comfort and connection, including: A 10,000-square-foot clubhouse with private work rooms Fitness and yoga studio Game lounge and club room with bar Resort-style pool with fire pits and grilling stations Lush, resort-style landscaping throughout the community Building with Experience and Intention As the general contractor, FaverGray is proud to lead construction on Ocean Village Apartments. Each phase of the project is guided by a commitment to quality, coordination, and clear communication—ensuring progress stays aligned with both schedule and design intent. Ocean Village Apartments is currently scheduled for delivery in 2027, and we look forward to sharing continued construction updates as the project advances. 🎥 Watch the latest drone video for a bird’s-eye view of Ocean Village’s January progress, and check back soon for future updates as this community continues to take shape.

Ellison Nona Construction Update | Lake Nona Multifamily Drone Video

https://www.youtube.com/watch?v=s4vw5oJCtfQ 12/16/25 Construction at Ellison Nona continues to move forward, and our latest drone footage offers an exciting look at the progress taking place at this Class-A multifamily community in the heart of Lake Nona, Orlando, Florida. Built by FaverGray, Ellison Nona will deliver 377 luxury apartment homes designed to support modern living, connectivity, and lifestyle-focused amenities in one of Central Florida’s most dynamic and fast-growing markets. Aerial View of Ongoing Construction Progress This drone update highlights significant advancements across the site, including: Continued progress on building structures Ongoing site development and infrastructure work Amenity areas beginning to take shape Clear visibility into the overall scale and layout of the community The aerial perspective provides a comprehensive look at how Ellison Nona is coming together and underscores the coordination, planning, and execution required to deliver a project of this size and complexity. Building in One of Orlando’s Premier Markets Located in Lake Nona, Ellison Nona is positioned within a nationally recognized innovation district known for its proximity to medical, technology, and research institutions, as well as convenient access to major roadways, dining, and entertainment. As demand for high-quality rental housing continues to grow in the Orlando area, Ellison Nona is designed to meet the needs of today’s residents while contributing to the long-term vitality of the community. Commitment to Quality & Transparency At FaverGray, we believe in sharing progress and celebrating milestones along the construction journey. Regular drone updates allow our partners, clients, and community members to stay informed while showcasing the craftsmanship, organization, and attention to detail that define our approach to multifamily construction. We’re proud to partner on the Ellison Nona project and look forward to sharing more updates as construction continues. 🎥 Watch the full drone video to see the latest progress at Ellison Nona.

FaverGray – Ocean Village Apartments Drone Video Update: Construction Progress in Palm Coast, Florida

https://www.youtube.com/watch?v=1evRytt0LX8 12/16/25 We’re excited to share our latest drone video update from Ocean Village Apartments, a luxury multifamily community currently under construction in Palm Coast, Florida. This aerial footage offers a bird’s-eye view of the site as early construction continues to take shape across the expansive 20-acre development. A Look at the Site from Above The drone video highlights ongoing sitework and early construction progress, capturing the scale of the project and the transformation underway. From grading and infrastructure to the overall layout of the community, the aerial perspective provides a clear picture of how Ocean Village is coming together and how the buildings and amenity spaces will be positioned within the site. About the Ocean Village Project Ocean Village Apartments is a 314-unit luxury multifamily community located just minutes from Flagler Beach and off State Road 100, placing future residents close to both coastal living and everyday conveniences. Once complete, the community will feature: Four apartment buildings ranging from 3 to 4 stories Six thoughtfully designed floor plans Coastal-inspired, high-end interior finishes including: Quartz countertops Stainless steel appliances Luxury vinyl plank flooring Upgraded cabinetry Resort-Style Amenities Designed for Coastal Living In addition to modern residences, Ocean Village will offer an impressive lineup of amenities designed to support both relaxation and connection, including: A 10,000-square-foot clubhouse with private work rooms Fitness and yoga studio Game lounge and club room with bar Resort-style pool with fire pits and grilling stations Lush, resort-style landscaping throughout the property Built with Quality and Care As the general contractor, FaverGray is proud to bring its experience in multifamily construction to Ocean Village. Every phase of the project is approached with a focus on quality, organization, communication, and schedule, ensuring a smooth construction process and a high-quality final product. Ocean Village Apartments is currently scheduled for delivery in 2027, and we look forward to sharing continued progress as construction advances. Watch the full drone video update to see how Ocean Village is taking shape from above—and check back soon for future construction updates.

FaverGray Breaks Ground on 314-Unit Ocean Village Apartments in Palm Coast

8/2/25 FaverGray is proud to announce the groundbreaking of Ocean Village Apartments, a new luxury multifamily development located off State Road 100 in Palm Coast, Florida. Scheduled for delivery in July 2027, the community will bring 314 upscale apartment units to this scenic coastal location. Spanning a 20-acre site just minutes from Flagler Beach, Ocean Village will feature a mix of 3-story and 4-story buildings, offering residents six thoughtfully designed unit types. Each apartment will include high-end finishes such as stainless steel appliances, quartz countertops, luxury vinyl plank flooring, and upgraded cabinetry. The development is designed to embrace the area’s laid-back coastal lifestyle. Residents will enjoy ocean views, beach and pier access, and a vibrant community setting. A 10,000-square-foot clubhouse will anchor the amenity offerings, complete with leasing offices, private work rooms, a fitness and yoga studio, game lounge, and club room with bar. Outdoor amenities will include a resort-style pool, fire pits, grilling stations, and spacious gathering areas ideal for relaxing or entertaining. Site enhancements will also feature resort-style landscaping, hardscaping, irrigation, sidewalks, and on-site pond construction, along with essential utility connections to public infrastructure. The buildings will be constructed using wood framing, steel stairs, and precast elevator shafts, with fiber cement siding, stone accents, and architectural asphalt shingles for a coastal aesthetic. All slabs will be post-tensioned concrete on grade, designed for long-term durability. Ocean Village represents FaverGray’s continued commitment to delivering high-quality multifamily communities that enhance Florida’s growing residential landscape.

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.