Denton Floyd Enters into Elizabethtown, KY with Newest Luxury Apartment Community

Sage Springs will be the first PACE project constructed by Denton Floyd in Kentucky

Louisville, KY (January 18, 2023) – Denton Floyd Real Estate Group is excited to announce its newest luxury residential development, Sage Springs Apartments, a 336-unit multifamily apartment community located at 1850 Veterans Parkway in Elizabethtown, KY. The proposed development, known as Sage Springs, will offer premier 1, 2, and 3-bedroom units in one of the fastest-growing areas near Louisville, Kentucky.

Sage Springs will be located approximately 35 minutes south of Louisville, and less than 15 miles from the new $5.8 billion Ford Battery Plant.  The Ford Battery Plant, to be completed by 2025, is the largest private investment in the history of Kentucky and will create over 5,000 high paying permanent jobs. A luxury apartment community such as Sage Springs is necessary to provide high-quality housing to the in-coming workforce.

Property Assessed Clean Energy (PACE) is a financing mechanism that enables low-cost, long-term funding for energy efficiency, renewable energy, and water conservation projects. Only highly energy efficient projects qualify for PACE financing.

“As part of Denton Floyd’s commitment to long-term sustainability, we plan to develop projects like Sage Springs that meet PACE’s high energy efficient standards,” said Mitch Collins, President, and Partner of Denton Floyd. “Going forward, we plan to utilize PACE energy standards in all our future developments. We are proud to develop a project like Sage Springs that will lead this program, making it the first PACE project in Elizabethtown.”

Amenities at the property include a community clubhouse, resort-style pool, fire pits, gourmet grilling stations, 24-hour fitness center, children’s playground, pet spa, car wash, cybercafé, bike repair, and a pet park.

The post Denton Floyd Enters into Elizabethtown, KY with Newest Luxury Apartment Community appeared first on Blog.

Denton Floyd Commits to Build Next Luxury Apartment Community in Jeffersonville, IN

Arbour Place will be the fourth, Class A development by Denton Floyd in the area

Louisville, KY (January 11, 2023) – Denton Floyd Real Estate Group closes on the proposed development of 256-unit multifamily luxury apartments located in Jeffersonville, IN. The new development, known as Arbour Place Apartments, will offer premier 1, 2, and 3-bedroom units in one of the fastest growing areas near Louisville, Kentucky.

Located in one of the fastest growing submarkets within the Louisville metropolitan statistical area, Arbour Place will add more housing to Jeffersonville and build on Denton Floyd’s continued investments in the region. As of today, there remains a 4700-unit housing shortage in the Jeffersonville area. Arbour Place will be centrally located in Jeffersonville with easy access to Interstate 265, Interstate 65, and the East End and Downtown bridges.

"Our commitment to building quality housing in Jeffersonville is at the forefront of our development strategy. The forecasted job and economic development in Jeffersonville drives local developers such as us to adapt to that growth by providing vital housing to the community," said Tommy Floyd, Co-Founder and Partner of Denton Floyd. "We are excited that this project will not only be a high-valued asset to the community but will complement its direct neighbor, Lakeside Gardens, another Denton Floyd community."

Amenities at the property will include a community clubhouse, resort-style pool, fire pits, gourmet grilling stations, 24-hour fitness center, children’s playground, pet spa, car wash, cybercafé, EV Charging Stations, bike repair, and a pet park.

The post Denton Floyd Commits to Build Next Luxury Apartment Community in Jeffersonville, IN appeared first on Blog.

Denton Floyd Real Estate Group to Develop Three Projects in South Clarksville, IN

The Town of Clarksville selects Denton Floyd to develop $226 million investment.

Louisville, KY (January 3, 2023) – Denton Floyd Real Estate Group has been selected to develop three projects in the South Clarksville area representing a $226 million investment. The development plan includes two mixed-use luxury apartment communities and a third project to be confirmed at a later date. Currently, Denton Floyd has proposed a 198-room luxury hotel and convention center, with a rooftop restaurant, resort-style heated pool with poolside bar, 24-hour fitness center and a therapeutic day spa, for the third site.

Denton Floyd is no stranger to building luxury apartment communities in Clark County, including Villas of Jeffersonville, Lakeside Gardens, The Slate, and Current812. The first two proposed sites will be mixed-use developments and include 154 and 270 apartments coupled with over 25,000 sq ft of combined Class A retail space. The 154-unit site will begin construction in Fall 2023, and the second project of 270 units will begin construction no later than 2026.  Each luxury community will offer 1- and 2-bedroom apartments and townhomes.  

"We at Denton Floyd Real Estate Group are honored to have been selected by the Clarksville Redevelopment Commission to acquire and construct three separate mixed-use projects as a part of the Town of Clarksville's redevelopment master plan in South Clarksville," said Brandon Denton, Co-Founder, and Partner at Denton Floyd Real Estate Group. "Through our partnership with the Town and Hogan Real Estate, we are confident that these developments will add tremendous value to the surrounding community and further the Town's progress in creating an active and thriving downtown district."

Amenities at the properties will include community clubhouses, resort-style heated pools, 24-hour fitness centers, fire pits, gourmet grilling stations, bike repair and storage areas, pet spas, pet parks, EV charging stations, designated resident parking garages, Class A retail space, and community parks featuring local artist installations.

The post Denton Floyd Real Estate Group to Develop Three Projects in South Clarksville, IN appeared first on Blog.

Denton Floyd Real Estate Group Launches New Luxury Apartments in South Clarksville

Current812 aligns with the South Clarksville Redevelopment Plan to enhance economy and region

Clarksville, IN (Mar 07, 2022) – Denton Floyd Real Estate Group (“Denton Floyd”) closed on a new development in December 2021 to build 200 luxury apartments and townhomes for the Town of Clarksville, IN. The development, known as Current812, will include a two-story fine dining restaurant overlooking the Ohio River, a heated resort-style pool, gourmet grilling stations, fire pits, clubhouse, fitness center, pet spa, and dog park, a resident pavilion with iconic views of both Downtown Louisville and the Ohio River, and 9,300 square feet of street-level Class A retail. 

Current812 will have a parking deck containing 238 parking spaces for both residents and retail customers. Additionally, the luxury apartments and townhomes will have individual balconies with panoramic views overlooking the Ohio River or street-level patio living. Current812 will contain one- to three-bedroom units, with unit sizes ranging from 720 to 2,530 square feet. Monthly rents for luxury apartments and townhomes will start at $1,400.  

Current812 is being developed as a part of the Town of Clarksville’s redevelopment master plan to create a traditional Main Street downtown district, with over $200 million of new developments. The new district sits within a 15-minute walk to the Falls of the Ohio State Park and a 10-minute drive to the University of Louisville. Clarksville’s new downtown is projected to attract more than 1,000 new housing units, state-of-the-art office spaces, vibrant mixed-use retail spaces, and signature hotels. The Town of Clarksville is excited to welcome Denton Floyd’s Current812 development and is encouraged to see these types of developments continue to build momentum for the area.

Construction of Current812 is already underway and is expected to be completed by the Fall of 2023.  Denton Floyd and the Town of Clarksville are planning to conduct a formal ribbon cutting on Tuesday, March 22, 2022, at 1 pm EST at the project’s location, 1511 Main Street in Clarksville, IN. The public is invited to attend.

About Denton Floyd Real Estate Group

Founded in 2008, Denton Floyd Real Estate Group, located in Louisville, KY, is a full-service development firm with construction, property management, and brokerage divisions. With over 5000 units under management or development in Kentucky, Indiana, Florida, and Tennessee, Denton Floyd offers superior service and a quality product to its clients and residents.

The post Denton Floyd Real Estate Group Launches New Luxury Apartments in South Clarksville appeared first on Blog.