New Savion Park apartment complex preleasing units near Innovation Square
Published: Wednesday, September 25, 2013 at 10:57 a.m.
Last Modified: Wednesday, September 25, 2013 at 10:57 a.m.
Savion Park, a Gainesville apartment complex scheduled to open in July 2014, has pre-leased about 30 percent of its units.
The $10 million project on Southwest Fifth Avenue is being built with a modern design to accent neighboring Innovation Square, a multi-building development under construction between the University of Florida and downtown focusing on university research.
“We really believe in Innovation Square and where it’s going,” said John Fleming, a managing partner with Trimark Properties, the firm over Savion Park and some of the other buildings in and around Innovation Square. “And we’re going to put some things on the ground and help move Innovation Square along.”
Construction on Savion Park began Aug. 19. It will house 115 bedrooms in 55 units, ranging from studios to four bedrooms.
Fleming said he expects the customer base to start as a mix between UF students and young professionals working at Innovation Square, gradually shifting more toward the latter after the first year.
“So given that it’s just south of Innovation Square, obviously there are a lot of young professionals we’re hoping to lease to,” he said.
Savion Park will be four and, at points, five stories — down from the eight stories for Innovation Square’s Infusion Technology Center.
The design, done by the Skinner Vignola McLean architecture firm in Gainesville, will bring a unique look to the heart of Gainesville.
A rendering shows sections of detached, curved roofing atop the highest apartments. The broad side of the building varies in style, with regular rectangular windows, larger window panels extending out from the wall at an angle, and railed-in balconies.
Fleming noted that higher costs have come with the more elaborate architecture.
Residents will have access to the neighboring park along Fifth Avenue, he said.