Durable low-maintenance pre-cast concrete is being used in construction and the roof was designed to accommodate solar panels to power common areas and water heating. "We could have used the space to put in another apartment but set it aside as an area where people can come together because it is important to us to be able to build a sense of community," says Jim.Īnother key goal is to create a sustainable building that gives residents the benefits of lower utility bills as well as leaving a smaller carbon footprint. A large terrace will have a barbecue, and be the perfect spot for entertaining. It will have a full-sized kitchen, large dining table, library and multiple soft-seating arrangements where people can gather with their neighbours or their guests - there will be a booking system so it can be reserved if required. There will be separate media rooms or studies and enclosable winter gardens or courtyards.Ī special feature of the project is the separate lounge for all residents to use. The apartments will feature top quality fixtures and fittings: stone vanities and benchtops in the bathrooms and kitchens, while living rooms will have gas fires with stone surrounds. Several trips to Japan inspired Jim to build a development with the balance of calmness and serenity that the Japanese do so well.ĭesigned by Australasian architects Peddle Thorp, Satori will be a mixture of grandeur and simplicity style and function luxury and value. Satori is a Japanese Buddhist term for awakening and perfectly sums up the emotions Jim hopes people will feel when they first arrive at Satori - surprise followed by delight and a sense of enlightenment.
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"We are always looking at how to achieve excellence in design, in location, in the materials we use that creates stunning living spaces." Such a good site deserves a high-quality development, and that is what Urban Resort are all about, says Jim. It faces north/north-west so it gets lots of sun. "It is at the end of a quiet cul-de-sac on an elevated site adjoining the Awarua Reserve, and has the most incredible views over Orakei Basin and Hobson Bay to the city. "I don't think we could have found a better spot," says Jim. Photo / SuppliedĪ huge amount of thought has gone into the planning of Satori since Urban Resort bought the site, formerly home to a brick state house, earlier this year. Based in Oak Brook, Illinois, JVM operates a $1 billion multifamily portfolio in the Greater Midwest, including Illinois, Indiana, Kansas, and Missouri.27 Grace Street, Orakei. Since 1975, JVM has been committed to excellence and integrity and strives to be the preferred choice for its investors, residents, and associates. JVM Realty Corporation is a respected name in the Midwest as a leader in multifamily real estate investment and property management. The company’s total portfolio consists of 18 communities in four states totaling 4,909 units. Satori Flats will be managed by JVM Management Inc. “Satori Flats’ highly desirable location in the growing suburban town of Avon-just five miles from downtown Indianapolis and ten minutes from Indianapolis International Airport-provides residents with luxurious living in a fully-amenitized residence.” “We are thrilled to add Satori Flats to our portfolio of luxury apartments in suburban Indianapolis,” said Jay Madary, president and chief executive officer of JVM Realty Corp.
The Class A residential community was built in 2019 and features 269 luxury apartments. 16, 2020 /PRNewswire/ - JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced today it has acquired Satori Flats, a newly-constructed apartment community located in the Indianapolis suburb of Avon, Indiana. Acquires Luxury Multifamily Community Near Indianapolis December 17, 2020
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