The Jacksonville Business Journal reports AV Homes has just bought 80 acres near the St. Johns Center. AV Homes is a developer of 55+ communities in the Orlando and Port St Lucie area. They are expecting to have this community up and going by 1st Quarter of 2015.
The reason for the purchase? The Florida division president, David Smith is quoted saying "The move is congruent with the city's stead popluation growth and strong home sales."
Jacksonville has always had a limited number of 55+ Communities for those wanting to own and not rent.
- Sweetwater by Delwebb (Duval County)
- Riverwood by Delwebb (St. Johns County)
- Cascades (St. Johns County)
So I am sure the Jacksonville population will be happy to have another selections in Duval County. Especially one with different architecture:
"Architecture
will include Georgian red-brick and low country houses, mixed with
Mediterranean, French, and a little bit of Victorian. It will feel like
driving through San Marco or Avondale, where no two homes are the same,
he said." Jax Daily Record article
And per published reports it looks like now is definitely the time to capture the baby boomer market:
Posted by Carey Frankel on
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