June 24, 2022
Let’s talk about real estate development in Jacksonville, Florida.
We’ve been hearing a lot about the unprecedented growth of Miami since the pandemic started (an estimated 47,000 new units are in the pipeline currently). However, and perhaps more interestingly, Jacksonville, FL is also on fire. Tremendous municipal and private investment in its waterfront, intentional job growth, and new projects across the city are making Jacksonville one to watch. With property taxes stacking up for the municipality, this growth can only be expected to skyrocket.
Which cities are on your watch list? Feel free to hit respond, would love to hear your thoughts!
MUST-READS
Taconic Launches Life Science Venture // WSJ
How Houston Moved 25,000 People From the Streets Into Homes of Their Own // NY Times
This $18 Million Playground Doubles as an Unusual Barrier Against Rising Sea Levels // FastCompany
Designing Homes for Age 100+ // FastCompany
How Drones will Change the Commercial Real Estate Industry // Propmodo
Energy-Hungry Data Centers are Quietly Moving into Cities // MIT Technology Review
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IDEA SPOTLIGHT
The “Stadium of the Future” in Jacksonville
The Jackson Jaguars, together with Iguana Investments, have announced plans for the Jacksonville Shipyards, a multi-faceted projected that will include a Four Seasons Hotel and Residences, Class A office, an orthopedic sports medicine complex, and improvements to the city-owned marina and public spaces.
This development plan could significantly transform Jacksonville, and serve as a precedent for other cities around the country. It includes community investment plans to increase the number of jobs in and visitors to Downtown, community development, boosting Downtown residential population, activating the St. Johns River, and solidifying Jacksonville as the home of the Jaguars for generations to come.
