US$26 million issued in permits for Florida apartments

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The city council of Jacksonville, Florida, has issued US$26 million in permits for the construction of the Aventon Sorraia apartments that will be built near the Jacksonville International Airport. The US$52 million complex will have 437,519 square feet of apartment, clubhouse, garage, pavilion, mail kiosk and trash compactor buildings. The 24 permits in total are for the 324 unit project. The project site was purchased for US$4.3 million on 13163 Ranch Road on April 15, according to the deed recorded April 20 with the Duval County Clerk of Courts.

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In a news release Aventon described the complex as a 12 three-story, “modern farmhouse-style buildings” with one-, two- and three-bedroom apartments. The company representatives stated that the residential complex will fill an “underserved need for upscale apartment living”  near Interstate 95, Max Leggett Parkway and JIA. The development will have more than 8,000 square feet of indoor amenity space, including a fitness center and yoga studio; remote work offices and associated remote communication spaces; automated package delivery; a coffee bar; a pet spa; and a social lounge. The City Council also voted to approve a US$250,000 grant to pay for drainage, sod, ditches and road base improvements to Ranch Road to support the development.

Maitland-based Scott + Cormia Architects designed the buildings and Design Environments Inc. of Marietta, Georgia, will complete the interior finishes. There also are six six-car garages, a clubhouse and leasing office, a grill pavilion, a dog park pavilion, other structures and hardscape work expected. The US$52 million Aventon Sorraia is part of the company’s strategy for a US$460 million multifamily rental communities investment in Florida, the news release stated.  Aventon also plans to start development on four Florida properties in the Tampa, Orlando and Jacksonville markets this year.

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