Construction Underway for $14M Luxury Apartments in Gainesville, FL

31, March 2017

Gainesville-based real estate developer and property management firm Trimark Properties, distinguished for their selection of apartments in Gainesville FL, recently announced they have broken ground on their newest multifamily project.

D.E. Scorpio began construction on Cascades Luxury Apartments, a 72,900-square-foot complex, on the 22nd of March. The site is located at 925 SW 4th Avenue in the area between Innovation Square and the University of Florida campus.

This is an eventful time for Trimark Properties, who also broke ground on their newest state-of-the-art office building, Ingenuity, just one week prior to Cascades. The 50,000-square-foot office space located in Innovation Square will be completed this upcoming January.

“Watching the area surrounding the University of Florida come to life over the past decade has been inspiring,” said John Fleming, managing partner of Trimark Properties. “Cascades’ close proximity to both campus and other popular local areas attracts students looking to live in the heart of UF culture. We are excited to see the finished project.”

The complex will offer studio to four-bedroom floorplans. Each unit will flaunt luxury design elements, including crown molding and built-in shelving in the living room. Studio to three bedroom units will have attached Juliet balconies, while four-bedroom apartments will boast full-size porches. Gourmet kitchens will feature granite countertops, sleek stainless steel appliances and built-in electric wine coolers, while luxury bathrooms will include granite countertops and full-size tubs with porcelain tile.

The exterior will boast a multi-leveled terrace with a cascading waterfall, wading fountain and lounge area for sunbathing. The rooftop will act as a relaxation area with a fire bowl, loveseats and bar-top seating. Catering to students, the building’s interior will feature study areas with private booths and conference rooms on two floors. The building will also have a convenience elevator and lobby.

Cascades and Ingenuity will be two of the newest additions to Trimark’s portfolio of commercial and multifamily real estate. They currently own and manage 25 apartments, over 20 new and fully-renovated historic houses, and 2 luxury dorms. Their commercial division offers custom-built office, lab and retail space in Innovation Square and downtown Gainesville.

Trimark Properties is the thirty-five-time winner of the Gainesville City Beautification Award.