Construction is underway on a couple new projects in the Southside and Intracoastal West area.

 

Red Hawk is a new 144-lot single-family development by Lennar Homes, just south of Kernan Middle School. Prices range from $279,990 to $369,990 for homes 1,700 to 3,000 square feet. Construction is just starting and models should be open soon.

Meanwhile, The Point at Town Center is a new 246-unit luxury apartment complex going in at 5116 Gate Parkway, at at the intersection with Burnt Mill Road. The first units should be ready this fall, with completion in summer 2018. It’s being developed by Block One Ventures of Jacksonville, which bought the 12.9 vacant acres last year for $6,275,000.

Apartment sales

Robbins Electra has acquired two more apartment complexes in Jacksonville. It paid $34,240,000 for Grand Isle at Baymeadows, 8335 Freedom Crossing Trail, and has changed the name to Vue at Baymeadows. The 352-unit complex was built in 1988 and last sold for $20.2 million in 2008. The average monthly rent there is about $779. The new owners plan a $2.2 million upgrade.

Robbins Electra, based in Tampa, also paid $11,680,000 for Fountain Oaks, 6870 103rd St., and renamed it Palm Trace. That 160-unit complex was built in 1986 and last sold for $6.9 million in 2005. Average rent there is about $700 a month, and the owners plan to renovate it, also.

The two complexes are 95 percent and 96 percent occupied, the company said. Robbins Electra has six other apartment complexes in Jacksonville and Orange Park.

Meanwhile, as reported last week, DRA Advisers of New York has paid $120 million for the 1,112-unit Paradise Island Rental Communities on Southside Boulevard. Fort Family Investments had developed it in four phases during the 1990s.

Meanwhile, DRA sold the Carlyle at Bartram Park, a 336-unit complex, to a South Florida group that paid $45,755,400. DRA bought the complex for $29.3 million in 2011.

DRA now has 10 properties in the Jacksonville area, including apartments, offices and industrial space.

Fort Family Investments, meanwhile, is based in Jacksonville and has seven complexes in the area, including Palm Bay Club which opens this year.

Etc.

Le Macaron French Pastries opened last month in The Shoppes in Ponte Vedra, but will have its grand opening on Saturday.

Permits

139 Jefferson St., seven-story apartment building, $8,596,000, 85,800 square feet, Core Construction Services of Florida. A Sarasota company is putting in a 72-unit apartment building for low-income seniors, with five floors of apartments over two levels of parking.

14550 Old St. Augustine Road, new eight-story building for Baptist Medical Center South, $39 million, 180,000 square feet, Batson-Cook Co. It will be the fourth building on Baptist’s 32-acre campus at I-95 and Old St. Augustine Road. It will house 138 more beds, bringing Baptist South’s total number of beds to 407. It is expected to be completed by first quarter 2018. First three stories will be built out with this permit.

4520 Town Center Parkway, tenant build-out for Newk’s Eatery, $503,910, 4,533 square feet, Suncoast Industrial &Construction. It’s going into one of the new developments across from St. Johns Town Center.

7273 103rd St., new Discount Tire, $950,000, 9,179 square feet, Marcobay Construction.

3851 Emerson St., tenant build-out for Funcade, $16,500, 2,800 square feet, Prism Design &Construction.

13159 City Center Blvd., tenant build-out for Mattress One in River City Marketplace, $130,000, 4,111 square feet, Able Construction.

1930 River Road, new two-story, single-family home, $3.7 million, 7,049 square feet, Cabrillo Construction &Development.

3546 St. Johns Bluff Road S., tenant build-out for Sí Senor restaurant, $237,026, 3,674 square feet, Emerald C’s Development.

7816 McLaurin Road N., renovations to Deercreek Country Club, $675,116, Viacon Inc.

10566-10572 Madrone Cove Court, four new townhomes in Trout River Station off Capper Road, $86,085 each, Maronda Homes of Florida.

200 E. Forsyth St., tenant build-out 15th floor for Jacobs Engineering, $337,858, 7,077 square feet, Adams Interior Contractors.

3563 Philips Highway, alterations to Baptist Health, $384,105, 11,119 square feet, Adams Interior Contractors.

9000 Southside Blvd., tenant build-out for Aetna, $5.9 million, 26,400 square feet, Gilbane Building Co. Aetna will leave the Southbank and move about 800 employees to Gramercy Woods office park later this year.

12525 Philips Highway, tenant build-out for McHugh Chiropractic &Healthcare, $35,100, Unipark Construction.

7961 Arlington Expressway, remove part of store damaged in fire, $5,000, 1,373 square feet, DNR Constructors.

1820 Owens Road, new JEA water treatment plant, $7,720,213, Ortega Industrial Contractors.

2800 University Blvd. N., renovations to Williams Hall dormitory at Jacksonville University, $5,986,266, 35,328 square feet, Stellar Group. Work on the five-story, 132-unit dorm started several months ago and is expected to be finished by fall.

7071 N. Main St., tenant build-out for Main Arcade, $5,500, Prism Design &Construction.

500 Wonderwood Drive, replace equipment at city’s Hanna Park playground, $139,161, John Fitzgerald Inc.

1636 Hendricks Ave., tenant build-out for Good Dough, $173,028, Skyline Construction. The doughnut shop, previously written about in the “Times-Union,” will also have breakfast sandwiches in the morning and fried chicken throughout the day.

Sales

Sandra K. Ward as a trustee for Gatsby Land Trust and the Grey Gardens Land Trust of Ponte Vedra Beach paid $8,075,401 for the historic Harlow Home, 2400 Seminole Road in Atlantic Beach, just south of Hanna Park. The oceanfront 9,242-square-foot home on 3.1 acres was built in 1935 and last sold for $2.5 million in 1998. It underwent a large renovation then, including replacement of all 101 windows.

Drive Time, an Arizona-based used-car dealer with locations across the country, paid $1.9 million for the former Mike Shad Chrysler Jeep dealership at 1736 Cassat Ave. The dealership closed in 2009 as Chrysler cut locations across the country. The 9.7-acre property with four buildings last sold for $2,250,000 in 1997.

Swingle LLC of Jacksonville paid $1,650,000 for the 13,453-square-foot office building at 6877 Philips Industrial Blvd.

Samuel and Kelly Saunders paid $1,425,000 for the new 3,257-square-foot home at 395 12th St., Atlantic Beach.

Triple Net Equities LTD of Jacksonville paid $1.4 million for the 0.4-acre vacant lot at 10502 San Jose Blvd., in front of Target. That’s the spot where Applebee’s used to be. After it closed, it sat vacant for years until it was torn down in 2014.

Number One Vending Service Inc. paid $1,050,000 for the 66,230-square-foot warehouse at 1229 Clark St. It was built in 1900 and last sold for $400,000 in 1997.

Premier Kings Holdings of Georgia LLC paid $945,000 for the Burger King building at 13049 N. Main St.

Roger.bull@jacksonville.com;

(904) 359-4296