Developers Acquire 1,300-Acre Site Zoned For 2,000-Unit Residential Community In St. Johns County
Just days after acquiring 3,300 acres for $85 million in Clay County, Fort Lauderdale-based BTI Partners closed on a $31 million deal to acquire approximately 1,300 acres in Northwest St. Johns County. The deal closed on Tuesday, December 27, and was done so in partnership with Westport Capital Partners. The seller was Jacksonville-based Helow Properties LTD. BTI Partners will build the infrastructure for the site to prepare it for homebuilders who need access to ready-to-build land, where over 2,000 single-family homes and attached villas will be built on the site located on Greenbriar Road, also known as County Road 210 West.