IV Companies, LLC announced the grand opening of a new luxury apartment community addition in Fayetteville today in a press release.
Village Gate Apartments, located at 3311 Turtle Point Drive, is 300 yards from Cape Fear Valley Hospital and minutes away from Downtown Fayetteville. Previously, the complex had 236 units; the new addition will add 66 units.
"Village Gate Apartments is a community where we have taken a fresh approach to the design and development process while sourcing new talent in an effort to bring something unique into the market,” said Louis D. Warren, IV Companies’ construction project manager.
Construction for the project began in February last year, so the completion of the project took twenty months.
“An array of obstacles awaited at every phase of the project. COVID 19 created a supply and demand shortage of essential building materials ranging from labor and lumber to siding and appliances,” the press release said.
Despite the obstacles, the company says that the time of the completion is perfect to meet the demand for housing in the area. “The new addition is occurring at an ideal time,” explained Franklin Clark, IV Companies, LLC’s CEO. “It’s an attractive property with an exceptional location.”
Village Gate Apartments includes amenities such as a swimming pool and deck and grilling stations. There is also an on-site yoga facility and a fitness center with high-quality equipment. The apartment complex is pet-friendly.
The grand opening ribbon cutting will take place Friday, November 19, 2021 at 3 p.m. “We invite potential residents to call for a tour of the property and see what Village Gate Apartments has to offer,” the press release said.
For information about Village Gate Apartments, visit https://villagegatenc.com/ or call 910-484-3335.
Clark, a retired surgeon and businessman, is a longtime supporter of Methodist University with deep roots in theFayetteville community. Clark is also well known for his dominance on the basketball court as a center for the University of North Carolin
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