AOG Living Breaks Ground on Exciting New Community Project
Firm Initiates Its Second Development in the 55+ Market
AOG Living has taken a significant step by commencing construction on their second active adult community, known as Novum Capitol View. This new addition aims to enhance the firm's development portfolio by introducing 168 modern units that cater to the growing needs of the senior living sector.
What to Expect from Novum Capitol View
Developed by AOG Living and supported by financing from CBRE, Novum Capitol View is set for completion by late 2025. This exceptional luxury community will feature a variety of living options, including studios, one-bedroom, and two-bedroom apartments, all thoughtfully designed to meet the needs of active adults.
Community Features and Amenities
The architects at Humphreys & Partners have meticulously crafted this community, which will include an array of amenities suitable for modern living. Residents can look forward to a saltwater pool, dog park, community gardens, and a state-of-the-art fitness center. Additionally, the complex will house a multi-purpose activity room, theater, game lounge, and even air-conditioned storage units. AOG Living's commitment to promoting health and wellness through weekly programming and activities sets Novum Capitol View apart.
A Vision for Growth and Innovation
Justin Hunt, an Investment Associate at AOG Living, expressed enthusiasm about the project, stating, "We're excited to leverage our experience in constructing and managing Class A properties as we establish our new active adult community platform." He emphasized the firm’s desire to meet diverse housing needs while maintaining a strong commitment to quality and community engagement.
Leadership Insights
Ricardo Rivas, Chief Executive Officer of AOG Living, echoed these sentiments, remarking, "This project signifies our dedication to growing our presence and influence within the senior living sector. We aim to deliver the highest standards of living conditions that reflect our community-driven values as we expand in the vibrant area of Austin."
About AOG Living
AOG Living stands prominently as a fully integrated real estate development and management firm headquartered in Houston, Texas, with regional offices situated in other major urban centers. Over the years, AOG Living has successfully acquired, developed, or constructed over 20,000 multifamily units, amounting to an impressive value of approximately $2.4 billion. Today, they boast a portfolio of more than 35,000 apartment homes and manage over 170 properties nationwide.
Commitment to Excellence
The firm is not simply about developing properties; it's about creating vibrant communities where residents thrive. AOG Living focuses on providing environments that enhance the quality of life for all residents through thoughtful design, innovative property management, and a commitment to meeting the evolving needs of the communities they serve.
Frequently Asked Questions
What is Novum Capitol View?
Novum Capitol View is AOG Living's second active adult community, providing modern living options tailored for the 55+ age group.
When is the projected completion date for Novum Capitol View?
The community is slated for completion in late 2025.
What amenities will Novum Capitol View offer?
Residents can expect amenities such as a saltwater pool, fitness center, dog park, community gardens, and various recreational spaces.
Where is AOG Living headquartered?
AOG Living is headquartered in Houston, Texas, with additional offices in Dallas and San Antonio.
How many properties does AOG Living manage?
AOG Living manages over 170 properties across the nation, with a growing portfolio of more than 35,000 apartment homes.
