Construction is ongoing on Edenbrooke at Hyland Trail, a community aimed at active seniors in Green Cove Springs, FL. Upon completion, the master-planned housing complex will yield an array of one-story homes, with floorplans ranging from two-bedroom to four-bedroom layouts.
Housing Trust Group (HTG) has completed Bryce Landing, a new $21.9 million affordable housing community in Clay County, Florida – roughly 40 minutes south of Jacksonville. Apartments at Bryce Landing are reserved for income-qualifying residents who earn at or below 30 and 60 percent of the area median income (AMI), with rents ranging from $380 to $1,233 monthly. The property is currently 100% percent leased. This is HTG’s fourth affordable apartment community in Florida to open this year – and marks its first development in the Jacksonville area.
Fort Lauderdale-based BTI Partners, one of Florida’s largest master-planned community developers, continues to expand its footprint in Florida with the acquisition of approximately 3,300 acres of Governors Park for $85 million in Southern Clay County. The developer acquired the development site from The Davis family and The PARC Group, which closed on Friday, December 16, with plans to build 4,000 single-family homes and 2,000 multi-family units on the newly acquired site in the Green Cove Springs area. Further plans include using 840,000 square feet for commercial/retail space, 700,000 square feet of office space, 400 hotel rooms, 2 million square feet of light industrial, and an 18-hole golf course.