RangeWater Real Estate, a Georgia-based developer, has plans for a residential housing development in Duval County. The venture’s website notes that Olea eTown will be its most walkable development, offering 192 units for residents over 55 years old.
The community will comprise one-bedroom, two-bedroom, and three-bedroom homes on a 5.73-acre lot. Conceptual renderings show a garden-style community with three buildings measuring four stories above grade.
Communal amenities include a fitness studio, dog park, spa, open green space, and craft room. Sources report that construction could start on the venture in August 2022. Live Oak Contracting is the general contractor on the $72.5 million project. Based on the community’s size and scope, construction could finish in Fall 2023.
England Thims & Muller is the civil engineer. Olea eTown is RangeWater Real Estate’s second age-restricted development. Its first age-restricted development, Olea Beach Haven, is also expected to end construction later next year.
The developer has 16 active projects totaling more than $350 million total. It has projects across the American South, including ventures in Florida, Tennessee, Georgia, Texas, and the Carolinas. Olea eTown’s address is 11385 Exchange Street, Jacksonville, Florida, 32256, in Duval County. Google Earth’s renderings show that the build site is presently undeveloped. It’s east of Florida 9B and north of Big Davis Creek.