Ground was first broken on the multifamily community in 2022. Credit: Étienne Beauregard-Riverin via Unsplash.

Taurus Investment Holdings and TPG Real Estate Partners have announced the completion of a new multifamily community, NOVO Avian Pointe, in Apopka, Florida, US. 

The project began vertical construction in March 2023 after breaking ground in mid-2022. 

TPG Real Estate partner Tripp Johnson said: “NOVO Avian Pointe is built for the modern resident, providing a range of best-in-class, sustainable apartments and amenities designed for energy-efficient, convenient living.” 

“As Apopka and the broader Orlando area continue to experience strong population growth, we’re excited to reach this milestone and announce the launch of the community.” 

The six-building multifamily community offers 276 units and is surrounded by pocket parks, green spaces, and an organic relaxation garden. 

It also has a bicycle-share programme and both indoor and outdoor entertainment and recreational spaces.  

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The development adheres to the Florida Friendly Landscaping Program and preserves 10% of the site in a conservation easement. 

It is anticipated to have 34% lower energy consumption compared to standard new construction properties.  

An energy-resilient technology package has also been implemented by EcoSmart Solution. 

This includes geothermal infrastructure sourced from the Floridian Aquifer, a 254kW DC solar photovoltaic system, 36 electric vehicle charging stations, and an energy management system. 

Taurus CEO Peter Merrigan said: “By prioritising decarbonisation, we’re not only minimising the project’s environmental impact but also reducing its exposure to potential risks associated with climate change and rising energy costs.  

“This translates to a more stable investment for our partners, and an asset that contributes to the overall well-being of the community and reduces energy costs for our residents.”