RangeWater Real Estate bought almost 30 acres of the Skinner homestead in the San Jose area Feb. 3 for development of apartments and town houses.
Through Homestead San Jose MF Owner LLC and Homestead San Jose SF Owner LLC, Atlanta-based RangeWater paid almost $7.11 million for two parcels at 6765 St. Augustine Road and 6803 Old Kings Road S.
RangeWater bought the property from the Skinner family. The deeds were recorded Feb. 14 with the Duval County Clerk of Courts.
RangeWater paid almost $6.36 million for almost 27 acres for multifamily development. It bought about 2.27 acres for $750,000 for the town houses.
PNC Bank of Pittsburgh made a $41.25 million construction mortgage and security agreement Feb. 3 to the RangeWater LLC. It refers to it as the San Jose Apartments on 26.33 acres.
The city is reviewing permit applications for RangeWater to build 280 apartment units among 11 buildings at a cost of about $46 million.
Summit Contracting Group is shown as the contractor for the apartments at 3730 Dupont Ave., which is at St. Augustine Road and Old Kings Road South.
The Skinner family homestead was the original Meadowbrook Farms dairy. The dairy operations were moved to the Butler Boulevard area and later sold.
The 29.51-acre site at 6765 St. Augustine Road has been in city review for development into 280 apartments and 100 town houses by RangeWater Real Estate.
The property comprises two parcels that were owned by two groups of Skinner/Jones family members. There are several single-family houses and other structures.
Skinner family representative A.C. “Chip” Skinner III said Sept. 9 the developer was seeking permitting.
Skinner’s father, who died in August 2020, owned about 2.5 acres and built a house there.
The rest of the land, about 27 acres, was owned by the extended Skinner/Jones family. Skinner’s grandparents, Arthur Chester Skinner and Virginia Brightman Skinner, built their home there in 1942.
Family members decided to put the property up for sale, Skinner said.
City documents show the homestead property sought rezoning to planned unit development.
The Driver, McAfee, Hawthorne & Diebenow law firm was the land use representative.
England-Thims & Miller Inc. is the civil engineer for the residential development.
