Jacksonville has seen a lot of new apartment complexes being built in the last couple of years. But almost all of them have been in the southeast part of town. Gate Parkway, Butler Boulevard, East Baymeadows Road down to Bartram Park have had plenty pop up. And a few have been built in North Jacksonville around the River City Marketplace. But there’s been nothing on the Westside or Arlington.
Now the Richbuilt Group, affiliated with Rich Properties from St. Lucie, has bought 28.25 acres on Lone Star Road, just west of the Southside Connector. There it plans to build Ibis Pointe, a 378-unit complex of 20 two- and three-story buildings. The amenities include a clubhouse, swimming pool, tennis court, soccer field, toddler lot and dog walk. The Ibis Pointe community will consist of 108 one-bedroom, 222 two-bedroom and 48 three-bedroom units spread across 20 apartment buildings.
Bradley Coe, Douglas Blair and Morgan Williams of Colliers International Northeast Florida brokered the sale.
A previous group had announced plans to build an apartment complex there in 2014. Richbuilt paid $3.5 million for the property. Lennar Homes’ Mill Creek East community is just south of the site. That single-family community has 94 lots and is almost built out.
If you missed the news last week, Costco has set a Feb. 8 opening date for its new store on Parramore Road, just off the Collins/Interstate 295 interchange. The company had stayed quiet about the location up to that point, not even acknowledging it was building a store, even though we all knew it.
Unlike the Gate Parkway store, which opened in 2000, the Parramore store will have a gas station.
Meanwhile, a spokeswoman for Jacksonville Transportation Authority tells me that construction on the extension of Parramore Road down Youngerman Circle is scheduled to begin in early 2019 and be finished the next year. It’ll be a two-lane road with curb, gutter and sidewalks.
A 16-home development called River Oak Estates has been proposed for 5561 Pine Ave. in Orange Park. That’s on two parcels riverfront parcels totalling 9.7 acres, according to the county’s website, bounded by Egret’s Walk to the north. New Leaf Communities is the developer.
The project goes before the county’s Development Review Committee on Thursday. Also on the committee’s agenda is a 4,000-square-foot Heartland Dental Center planned for 1075 Oakleaf Plantation Parkway.
Several readers have asked about what’s going in on Philips Highway, just north of the St. Johns County line. There’s a big, three-story building and a sign that says Above Athletics. But they’re not the same thing.
The three-story building that’s looks close to being done is the new headquarters for Dream Finders Homes. It’s moving its headquarters there from Orange Park.
Above Athletics is going in just south of that, with the first vertical construction just starting to go in. building under construction on Philips Highway, just north of the St. Johns County line. I first wrote about this back in January. It’s going to be a training/practice facility primarily for youth sports.
Basically, youth sports training programs will lease space in building for their training and could sublease some of that to others. Jay Gattling, who is developing it, said just about all the 70,000 square feet is leased out to eight programs.
Part of the building will open in May, he said, with the rest coming online later in the year. The total pricetag, he said, will be about $7 million.
Workers began filling the 14-acre lagoon at Beachwalk in northern St. Johns County. Created by the Crystal Lagoon company, the water will be 10 feet deep with a 100-foot beach. Beachwalk’s full plans call for up to 850 homes, 1 million square feet of retail, 700,000 square feet of office and up to 2 million square feet of flex–warehouse space.
4971-14374 Marina San Pablo Place, 12 new townhomes at Aphora Coach Homes, $475,000 each, Bove LLC. Eleven townhomes were built in the first phase, with only left one unsold. Prices for those ranged from $850,000 to $1.4 million. This new phase will be priced $750,000-$850,000. The community is off San Pablo Road, just south of Butler Boulevard at the Intracoastal Waterway.
6825 Evergreen Ave., foundations and support tower for gypsum conveyance and drying equipment at US Gypsum, $7,924,880, Southland Process Group.
6500 Bowden Road, tenant improvement for Early Learning Coalition, $244,233, 17,247 square feet, Duckworth Construction.
1615 University Blvd., tenant buildout for Mark’s Liquors across from Stein Mart, $24,000, 1,500 square feet, Prism Design & Construction.
7404 Lem Turner Road, interior renovation of Famous Sandwiches, $22,000, Farris Construction.
4500 San Pablo Road, buildout of outpatient surgical room at Mayo Clinic, $486,259, Batson-Cook Co.
3620 Blanding Blvd., tenant buildout for El Coqui restaurant, $6,500, 7,500 square feet, Covenant Contracting.
9840 Atlantic Blvd., remodel Volcano Korean BBQ, $44,000, 6,500 square feet, NIALVI LLC.
5923 Norwood Ave., tenant buildout for Norwood Fun Zone internet arcade, $10,000, 5,300 square feet, Advance Design & Construction.
Resource Real Estate Opportunity REIT, Inc paid $41.4 million for the 276-unit Courtney Meadows apartments, 7820 Baymeados Road E. It was built in 2001 and last sold for $33 million in 2014.
Beachwold Residential of New York has purchased another apartment complex in the area. It paid $21,125,000 for the 216-unit Promenade at Mayport, 2610 Florida A1A. It was built in 1986 and last sold for $11,166,700 in 2013. A manager said a name change is planned. Earlier this month, Beachwold paid $5,699,000 for the 150-unit Canopy Place apartments at 11050 Harts Road. It now owns six complexes in the area.
Yegnukian Realty Corp. of New York paid $1.8 million for the Family Dollar building 4105 Emerson St. It was built last year.
Jax ECR LLC of Jacksonville paid $1.8 million for Windy Pines apartaments at 6650 103rd St. The 40-unit complex was built in 1990 and last sold for $1.4 million in 2016.
William T. Pyburn III paid $1.4 million for a waterfront townhome at Aphora Coach Homes at Marina San Pablo.
SH Design LLC, a new home builder, paid $1.3 million for the 2,005-square-foot home at 100 Mills Lane, Jacksonville Beach.
Davcor LLC of Jacksonville paid $1,150,000 for the two-story, 33,285-square-foot office building at 103 Century 21 Drive. It was built in 1973 and last sold for $910,000 in 2012.
JDJM Family Properties LLC paid $1,127,000 the 3,537-square-foot residential condo at 205 S. 1st St., Jacksonville Beach. It was built in2003 and last sold for $1,148,000 in July.
firstname.lastname@example.org, (904) 359-4296