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SouthEast Development Group Adds 300 Multifamily Units to Riverfront Jacksonville Master Plan

July 19th, 2021 · Leave a Comment

SouthEast Development Group has updated its Riverfront Jacksonville master plan to include 300 additional multifamily units.
Buildings Four and Five of the master plan have been redesigned to include 255 market-rate multifamily apartments, along with 45 condominium units for sale. The buildings will also feature a combined 17,250 square feet of ground-level retail, creating more programmed activities in and around the 15 acres of public park and plaza spaces with resiliency infrastructure outlined in the plan.

With this change, the total number of multifamily units in the Riverfront Jacksonville increases to 1,005 — providing residential lifestyle opportunities to the full spectrum of the Downtown market, from workforce apartments to luxury condominium products.

SouthEast Development Group will continue to collaborate with the Riverfront Jacksonville project team, Goldman Sachs, Piper Sandler & Co., the City of Jacksonville and the Downtown Investment Authority in preparation for a formal proposal presentation later this summer. The transformative development will serve the community as a comprehensive master planned program that includes expansive public park spaces, new housing and hospitality products, entertainment, restaurant and retail activities at the most critical location in Downtown Jacksonville.

To learn more about the Riverfront Jacksonville project, visit jaxriverfront.com.

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