Housing and retail planned for long-vacant land in Regency area

Started by thelakelander, January 09, 2014, 10:40:08 AM

thelakelander

QuoteBy Roger Bull Wed, Jan 8, 2014 @ 4:07 pm | updated Thu, Jan 9, 2014 @ 9:04 am

More development is coming to the Regency area.
That large patch of sand just west of the Southside Connector could soon be sprouting homes and apartments.

Ten years ago it was called Kendall Town Center when developers got the OK for apartment complexes, hundreds of single-family homes and retail on both sides of the Southside Connector.

A Walmart and more retail, along with condominiums, were built on the east side of the highway, but little ever happened on the west. Some work was done to prepare for the apartments, but like so many projects at the time, that was it. The land eventually was foreclosed.

But last month, a new group of investors paid $6.5 million for about 125 acres.

Jim Kern, managing director of the partnership called Indigo Jax LLC, said he expects to start construction on the apartments and homes.

full article: http://members.jacksonville.com/business/2014-01-08/story/housing-and-retail-planned-long-vacant-land-regency-area
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali


ProjectMaximus

to me, the big takeaway is the speculation that Regency Square Mall has been sold!

thelakelander

"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

Tacachale

Do you believe that when the blue jay or another bird sings and the body is trembling, that is a signal that people are coming or something important is about to happen?

coredumped

This is great news. They've already got some (model?) homes up west of the connector. Regency needs to get sold and redeveloped asap to take advantage of this opportunity!
Jags season ticket holder.


spuwho

It will be interesting to see who and what buys it. It was being marketed by Rockwood as a short sale.