Skip to main content
Real Estate
Jax Daily Record Wednesday, Jul. 6, 202205:30 PM EST

Aventon Companies to build 360 apartments in South Jacksonville

Share
The North Carolina-based developer expects to start leasing units in 2023.
by: Dan Macdonald Staff Writer

Aventon Companies announced July 5 it is building a 360-unit luxury apartment project at 11849 Palm Bay Parkway in South Jacksonville between Wells Creek Parkway and Philips Highway.

Fragpag Powers Bay LLC, part of  Korn & Zehmer in Ponte Vedra Beach, sold 21 acres June 21 to BGA South Owner LLC, affiliated with Aventon Manager LLC in Raleigh, North Carolina, for $6.7 million.

Aventon JAX South will feature one-, two- and three-bedroom apartments in four-story towers with elevators.

Amenities will include a resort-style pool, clubhouse, 24-hour fitness center, remote working spaces and private offices, an air-conditioned pet spa and a dog park.

Aventon expects to begin renting apartments in 2023. It did not know what the rental rates will be.

The exterior design is by Scott + Cormia Architecture & Interiors of Orlando. Interiors were by designed by Design Environments Inc. of Marietta, Georgia.

In 2022 Aventon constructed the 324-unit Aventon Soraya apartments at 13163 Ranch Road.

“In the past few years, the Jacksonville market has experienced an unprecedented growth in jobs combined with an all-time low rate of unemployment, making it a truly desirable place to want to call home, said Burk Hedrick, Aventon Companies vice president of development, in the news release.

Aventon has a $2 billion inventory of developments that includes 7,600 apartments in Florida, Georgia, the Carolinas and other areas along the East Coast. It has regional offices in West Palm Beach and Orlando; Raleigh; and Bethesda, Maryland.

Be the first to know the latest breaking news and information that business leaders rely on in this fast-paced changing Northeast Florida economy. Regional business news, trends and statistics needed to grow your business. Key upcoming events you won’t want to miss and much more. Click Here to Grow your Business NOW!

Related Stories

Advertisement