Zoning change at St Augustine and Philips Hwy?

Started by MusicMan, October 29, 2021, 08:33:17 AM

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MusicMan

October 29, 2021, 08:33:17 AM Last Edit: October 29, 2021, 08:34:54 AM by MusicMan
Anyone know what is being proposed for the parcel at the corner of Philips Hwy and St Augustine Rd, across from Crown pools?

MusicMan

#2
October 29, 2021, 10:04:59 AM
Don't remember that being discussed on TheJaxsonMag .......

Charles Hunter

#4
October 29, 2021, 10:26:15 AM
The Land Use and Rezoning received final approval at the October 12 Council meeting.
https://jaxcityc.legistar.com/Legislation.aspx
Exhibit 1 - Legal Description
Exhibit 2 - Location Map
Exhibit 3 Revised - PUD Description
Exhibit 4 - Site Plan

MusicMan

#5
April 15, 2022, 04:08:48 PM
"Available" sign back up..
What happened?

fieldafm

#6
May 04, 2022, 04:22:45 PM
Quote from: MusicMan on April 15, 2022, 04:08:48 PM
"Available" sign back up..
What happened?

Vestcor got approved for funding for the Lofts at Cathedral project in 2021, which they have already started working on in 2022. I believe it was their second or third time submitting an application for that project, as well as the Governor vetoing a separate funding request that was outside the Florida Housing Finance Corp process. 

They were not successful in obtaining LIHTC funding for the Phillips Highway property in 2021, a Southbank property in 2020, and most recently in the first quarter of 2022- a joint development with Sulzbacher for a project in Brentwood converting a nuisance hotel into rent-subsidized transition housing and workforce training/development (similar to the Vesctor/Sulzbacher project a half mile away and across from Pearl Plaza).

Affordable housing tax credits are extremely competitive, and the vast majority of projects an affordable housing developer will complete entitlements/due diligence on, won't make the cut and ultimately don't get built.
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