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What’s News – JAX Residential Real Estate: Beacon Riverside Begins Preliminary Site Work for Condominium Tower

July 23rd, 2014 · Leave a Comment

The Jacksonville Business Journal reported July 22 that Hallmark Partners has begun work on Beacon Riverside, a 15-story luxury waterfront condominium tower near The Cummer Museum of Art and Gardens in Riverside.

The residences will range in size from 2,400 to 5,000 square feet, with prices starting in the upper $700,000s, the newspaper said.

The homes will feature amenities, such as 10-foot ceilings, spacious terraces, full-time concierge service, property management and maintenance, and private dual elevators.

Construction is slated to be completed in spring 2016.

The Jacksonville Business Journal also reported July 22 on another development milestone – Nocatee in St. Johns County is adding two new neighborhoods to meet growing demand in the community.

Nocatee announced the additions of Addison Park and Cypress Trails neighborhoods at Nocatee – which was named the third best-selling master-planned community by real estate advisory firm NCLCO.

Home builders David Weekley and Providence Homes will construct single-family residences priced from the low $200,000s in Addison Park. Lennar Homes and Mattamy Homes will be the builders of homes priced from the low $200,000s in Cypress Trails, according to the newspaper article.

 

The Financial News & Daily Record, the Jacksonville Business Journal and other area media outlets reported July 15-18 that former Florida Gators quarterback Tim Tebow purchased a home in Glen Kernan Country Club for $1.4 million.

Reports said Tebow, who also played in the NFL and is currently an ESPN broadcaster, bought the property on Swilcan Lane on June 27. The home is more than 6,000 square feet in size and was built by custom builder Collier Homes.

After his release by the NFL’s New York Jets in April 2013, local football fans lobbied the Jacksonville Jaguars to sign the Heisman Trophy winner to play in Northeast Florida.

 

Mesa Capital Partners purchased the Canopy at Belfort Park apartment complex for about $21 million, the Jacksonville Business Journal reported July 17 citing a deed filed pertaining to the deal.

The Canopy, a 192-unit complex developed by Arlington Properties of Birmingham, Ala., is located at 7750 Belfort Parkway. Mesa Capital Partners also owns Seagrass Apartments on San Pablo Road and The Hawthorne, a 239-unit complex on Point Meadows Drive, according to the newspaper.

What’s News – JAX Residential RE is a roundup of area housing news that is posted on Wednesdays. To contribute, contact info@whatsupjacksonville.com

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