Jacksonville’s apartment market continues to grow with more than 13,700 units slated for construction from 2021 through 2023 and beyond.
Market reports revealed that 3,523 units were expected in 2021, followed by 4,071 in 2022 and 6,164 in 2023 and beyond.
More than a dozen communities are in the development phase. Here’s a look at nine of the latest.
Among them, Atlanta-based RangeWater Development LLC is proposing three projects.
Its age-restricted Olea communities are for empty nests looking for an active lifestyle.
10655 Brightman Blvd. near downtown St. Johns
Eastwind Development LLC has applied to the city for permits to build the 278 Aston at Town Center apartments at 10655 Brightman Blvd. near downtown St. Johns.
The construction cost is $44.5 million.
The five-story building will feature 147 one-, 105 two- and 26 three-bedroom apartments on 4.59 acres. There will also be parking.
Community amenities include a swimming pool, deck and courtyard.
Summit Contracting Group Inc. of Jacksonville is the contractor. Forum Architecture and Interior Design of Altamonte Springs is the architect.
Eastwind Development, of Palm Beach Gardens, paid $3.65 million for the property on Dec. 15. He bought the land from the Skinner family.
The site is south of Floor & Decor and iFLY Jacksonville.
Eastwind purchased the property through Astor Town Center LLC.
Groundbreaking is scheduled for February 2022.
The city issued a clearing permit on January 10.
Northeast Main Street and Highway 295
Hillpointe of Winter Park and Athens, Georgia wants to build the Pointe Grand Jacksonville workforce apartments along North Main Street.
The site is southeast of North Main Street and Interstate 295.
The developer offers 288 units, all two-bedroom apartments, among 10 three-story buildings on 19.71 acres.
Plans show 50 garage spaces among five 10-unit structures.
Facilities include a clubhouse, swimming pool and fitness center.
The agent is TerraTory Development Consultants of Cumming, Georgia.
The city calculated a mobility fee of $249,135 to mitigate the impact on traffic.
Jupiter’s Northside Trees LLC sold the two parcels, now used as woodlots, to Pointe Grand Jacksonville LLC for $2.85 million on Jan. 31.
Hillpointe LLC says it is a real estate development and investment company focused on developing market-rate workforce housing in the southeastern United States.
“Hillpointe believes that the US workforce housing sector has a significant imbalance between supply and demand,” he reports on Hillpointe.com.
It says labor housing is generally defined as affordable housing for households earning between 60% and 120% of the region’s median income.
“Due to rising construction costs, the majority of newly developed rental housing is inaccessible to people on the median income, with the housing component of the labor force accounting for only about 10% of newly developed housing,” he indicates.
“Combined with general obsolescence, which removes around 100,000 units a year, there is an acute shortage of workforce housing.”
On October 26, 2021, Hillpointe announced the closing of Hillpointe Workforce Housing Partnership III LP at $190 million.
The fund is expected to enable the development of Hillpointe’s next 12 workforce housing projects, representing approximately $500 million in total asset value and 3,500 workforce housing units across the Southwest. is from the United States.
South Gate Square
3428 Beach Blvd. in the spring park
The city issued a mobility fee calculation certificate Dec. 16 for the 294 Southgate Plaza apartments on 9.96 acres at 3428 Beach Blvd.
The city calculated that no fees were needed for the property, a shopping center built in 1957.
Jacksonville-based Demetree Brothers Inc. owns the property through Southgate Shopping Center LLC.
Chance Partners, through Chance Beach Owner LLC, intends to demolish the existing mall, totaling 153,568 square feet, for apartments.
Kimley-Horn and Associates Inc. is the civil engineer.
A site plan shows three four-story buildings with a swimming pool and courtyard in the center of one.
A spokesperson for Jacksonville-based Chance Partners said in October that the developer plans to begin the 18-month project in June 2022.
The site is in the St. Nicholas neighborhood and not far from San Marco and downtown Southbank.
Chance Partners has developed several nearby multi-family communities including The Exchange, Barlow and San Marco Promenade along the Philips Highway.
6285 Hippodrome Road
The city is reviewing permit applications for a 240-unit apartment community at 6285 Race Track Road at a cost of $26.2 million.
Grand Capital of Fort Lauderdale is the developer.
The project includes six four-storey buildings. Summit Contracting Group Inc. of Jacksonville is the contractor. Group 4 Design Architectural Services LLC of Jacksonville is the architect.
The owner is listed as Racetrack Group LLC of Fort Lauderdale. It is part of Grand Capital.
cliff of waters
St. Johns Bluff Road South, north of Alden Road
The city is reviewing submitted plans for the 300 Waters Bluff apartments on 15.11 acres along St. Johns Bluff Road South, north of Alden Road.
The plans show 84 one-, 132 two- and 84 three-bedroom apartments spread over nine buildings.
The city also issued a competition reservation certificate on January 6 for the project. There is a swimming pool, dog walk and other amenities.
Eisman & Russo Inc. is the civil engineer. Frenchtex Inc. of Palmetto Bay is the owner.
Plans show a second phase of 84 units.
Baymeadows Road East northeast of Baymeadows Road and Interstate 295
The city has issued a concurrent booking certificate for the 376 Pinnacle apartments on 8.77 acres along Baymeadows Road East, a site northeast of Baymeadows Road and on Interstate 295.
Pinnacle Rental Community LLC, led by Donald Fort, President of Fort Family Investments Inc., is listed as the owner. Fort Family Investments is a developer of luxury apartments.
Abbey Civil Engineers Inc. is the civil engineer.
Plans show the apartments wrapped around a car park and around swimming pools with recreation areas.
The site is adjacent to the Galleria Club apartments, one of Fort’s eight projects in Jacksonville and Jacksonville Beach.
RangeWater: Olea at Beach Haven
4101 San Pablo Parkway, north of the Mayo Clinic in Florida
The city is reviewing permits for the $30.2 million construction of the 175 Olea Beach Haven apartments on 6.38 acres at 4101 San Pablo Parkway.
Atlanta-based RangeWater Development LLC is the developer. England, Thims & Miller Inc. is the engineer.
RangeWater announced Feb. 4 that it has purchased the site and will open the age-restricted community in early 2022 with one-, two-, and three-bedroom units.
The plans show three apartment buildings, two garages,
a clubhouse, a swimming pool and a dog park.
RangeWater: Olea to eTown
In eTown along Exchange Street east of Florida 9B
The St. Johns River Water Management District is reviewing plans for Olea in Etown by Atlanta-based RangeWater Development LLC. The 192-unit apartment community is planned on 5.73 acres along Exchange Street.
The plans show three apartment buildings, three garages, surface parking, a swimming pool and a dog park. England, Thims & Miller Inc. is the civil engineer.
The city calculated a mobility fee of $127,952 to mitigate the impact on traffic.
RangeWater: San Jose
San Jose Boulevard at St. Augustine Road and Old Kings Road South
Atlanta-based RangeWater Development LLC continues to work on its 28.61-acre apartment and townhouse development project along San Jose Boulevard called San Jose Homestead.
RangeWater plans 280 apartments and 100 townhouses.
The apartments include 11 residential buildings, a clubhouse, two swimming pools, a social green and a dog park. Townhouses include 19 buildings.
England, Thims & Miller Inc. is the civil engineer.
The St. Johns River Water Management District issued approval Jan. 7 for a stormwater management system.
The property is the former Skinner family farm, which was the original dairy land of Meadowbrook Farms.
The property is at St. Augustine Road and Old Kings Road South.