Southbank Broadstone River House Apartments

[CCMjax]

There is very little to complain about with this one.  Yes, it is kind of a standard lower budget urban design with wood framing and standard panel exterior that you see a million other places but it will result in more people living downtown which is desperately needed right now.  When infill development starts clicking downtown (if it ever does) then that would be the time to be more and more critical of the mixed use component as opposed to purely residential.  But for now, I think a couple developments like this scattered around downtown is just what the area needs to gain momentum.

[thelakelander]

An update on this developer's plans for Jacksonville:

Alliance Residential Co., which wants to build the Southbank Broadstone River House and already owns the Beach House, doesn't intend to stop there in Jacksonville.
"We have an appetite for a couple more deals," said Alliance Development Manager Tim Graff, based in the company's North Florida Division offices in Winter Park.

The Phoenix-based company completed the 228-unit Broadstone Beach House apartments in 2009 in Jacksonville Beach. The project is 95-98 percent occupied, Graff said.

Alliance hopes to buy the land and start construction in May on the 263-unit Broadstone River House Downtown. Completion would take about two years.

Alliance is looking at other areas for more apartment development, but doesn't have additional sites under contract.

Graff said Alliance is looking at areas closer to the Beaches, the St. Johns Town Center area and Riverside/Avondale.

Full article: http://www.jaxdailyrecord.com/showstory.php?Story_id=547320

[FlaBoy]

The pickings in Riverside/Avondale itself are pretty slim for any large scale development. Maybe the old Beacon site? You have plenty of area just north of 95 in Brooklyn.