Page 13 - RISE General Overview Booklet 4.19.22
P. 13

ELEMENT 34
                                           GAINESVILLE, FL

                                           UNITS                        223
                                           UNIT MIX                     1BR/1BA, 2BR/2BA
                                           SIZE                         262,284 SF
                                           CLOSING DATE                 December 2021
                                           COMPLETION DATE                2023 (Phased Delivery)
                                           TOTAL COST                     $43.1 M
                                           ARCHITECT                     Dwell Design Studios
                                           GC                           RISE
                                           PROJECT MANAGERS             Matt Marshall, Brandon Spencer

                                           PROJECT DESCRIPTION

                                           •   This is a hybrid student housing product with a mix of one- and two-bedroom
                                               floor plans.

                                           •   1 four-story garden style apartment building.

                                           •   The 8.25 acre site is located close to the Butler Plaza which will provide
                                               residents with class-A retail options.

                                           •   Community amenities include: resort-style pool, outdoor grilling space, club
                                               room and lounge, outdoor kitchenette, gaming tables, a business center, office
                                               pods, study rooms, fitness center, mail center, 24/7 package concierge, indoor
                                               storage, bike repair station, pet park, circular exercise and dog-walking track,
                                               and close proximity to Butler Plaza offering plenty of retail options.
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