Sage Springs

https://www.bizjournals.com/louisville/news/2023/01/20/denton-floyd-real-estate-elizabethtown-apartments.html Jan 20, 2022 Denton Floyd Real Estate Group is entering a new market with its first clean energy project in Kentucky. The firm's newest luxury residential development, Sage Springs Apartments, will be a 336-unit multifamily apartment community located at 1850 Veterans Parkway in Elizabethtown, Kentucky. The proposed development will offer premier one-, two- and three-bedroom units. Sage Springs will be located approximately 35 minutes south of Louisville, and less than 15 miles from Ford (NYSE: F) and SK Innovation's $5.8 billion battery plant, according to a news release. The Blue Oval plant, to be completed by 2025, is the largest economic development project in the history of Kentucky, according to Gov. Andy Beshear's office. It is expected to 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 incoming workforce, Denton Floyd said in the release. It anticipates the apartments will be completed by the end of 2024. A rendering of the clubhouse at the proposed Sage Springs Apartments in Elizabethtown. Enlarge A rendering of the clubhouse at the proposed Sage Springs Apartments in Elizabethtown. DENTON FLOYD REAL ESTATE GROUP 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, in the release. "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." Construction costs are not currently available due to the project's current stage in development, the firm said in an email. 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, cybercafe, bike repair and a pet park. Denton Floyd, headquartered in Jeffersonville, Indiana, is one of the Louisville region's fastest-growing private companies with $115.9 million in revenue in 2021. That's a 159.5% growth from its 2019 revenue of $44.6 million. _________________________________________________________ As of June 3, 2022, this project is in planning. The developer will self-serve as general contractor. Although there is not a firm timeline, construction could begin in fourth quarter 2022.

Division 03 -	Concrete, Concrete Forming and Accessories, Precast Concrete, Site-Cast Concrete.
Division 04 -	Masonry, Unit Masonry.
Division 05 -	Metals.
Division 06 -	Wood, Plastics, and Composites, Rough Carpentry, Finish Carpentry, Architectural Woodwork, Architectural Wood Casework.
Division 07 -	Thermal and Moisture Protection, Dampproofing and Waterproofing, Thermal Protection, Weather Barriers.
Division 08 -	Openings, Doors and Frames, Wood Doors, Plastic Doors, Windows, Hardware, Glazing, Louvers and Vents.
Division 09 -	Finishes, Plaster and Gypsum Board, Ceilings, Carpeting, Painting and Coating.
Division 10 -	Specialties, Toilet, Bath, and Laundry Accessories.
Division 11 -	Equipment, Residential Equipment, Residential Appliances.
Division 22 -	Plumbing, Instrumentation and Control for Plumbing, Plumbing Piping, Plumbing Equipment, Plumbing Fixtures, Residential Plumbing Fixtures.
Division 23 -	Heating, Ventilating, and Air Conditioning (HVAC), Instrumentation and Control for HVAC, HVAC Air Distribution.
Division 26 -	Electrical, Instrumentation and Control for Electrical Systems, Lighting.
Division 27 -	Communications, Structured Cabling.
Division 31 -	Earthwork, Grading, Excavation and Fill, Earthwork Methods, Soil Treatment.
Division 32 -	Exterior Improvements, Flexible Paving, Irrigation, Planting, Turf and Grasses.
Division 33 -	Utilities, Water Utilities, Sanitary Sewerage Utilities, Electrical Utilities, Communications Utilities.