The city is reviewing a permit for removal of part of the South Jacksonville Presbyterian campus for development of The Hendricks at San Marco apartments.
Parts of the South Jacksonville Presbyterian Church campus could soon be removed as buyers of the property prepare to build the 133-unit The Hendricks at San Marco apartments.
The city is reviewing a permit application for Realco Recycling Co. Inc. to demolish the fellowship hall and education building.
Developers said in March they paid $2.66 million for 2.09 acres to build the apartments, renamed from Park Place at San Marco.
They said they bought the site through Sanmarc LLC from The South Jacksonville Presbyterian Church Inc.
The church owned 2.87 acres and maintains its sanctuary and services on a corner of the site.
The site is at Hendricks and Mitchell avenues and Mango and Alford places, near the Publix-anchored East San Marco center under construction and the historic San Marco shopping district and neighborhoods.
The apartment developer is San Marco-based Corner Lot Development Group, led by Andy Allen, and Birmingham, Alabama-based Harbert Realty Services.
“We are scheduled to commence demolition mid-August,” said Bill Ware, vice president of development with Harbert Realty Services.
Ware said previously it will take 17 months to build the four-story apartment project, comprising 111 one-bedroom and 22 two-bedroom units, and a three-level parking garage.
The city issued permits March 25 for the almost $21.9 million construction of the apartments, initially called Park Place at San Marco.
Live Oak Contracting LLC will build the wood-frame apartment building at $16.98 million; the parking garage at $4.45 million; and demolition of part of the church property at $468,000.
CBRE announced March 31 that it arranged debt and equity capital for the project and unveiled the new name.
Jeff Kinney and Phil Rachels of CBRE represented Harbert Realty and Corner Lot Development.
It said the three-year construction financing through First Horizon Bank was paired with private joint venture equity from GMC Properties to capitalize the $30 million in total project costs.
CBRE said GMC Properties of Jacksonville provided the equity and will manage the property.