The city approved a permit for the Lofts at Jefferson Station apartments project in LaVilla at a construction cost of $17 million.
Summit Contracting Group Inc. is building the 189,642 square-foot community at 799 Water St. The Vestcor Companies Inc is the developer.
The five-story building will comprise 133 one- and two-bedroom units, a leasing office, 150 surface and structured parking spaces, a fitness center and other amenities.
Of the 133 apartments, 80 would be considered affordable housing and reserved for people with incomes below 60 percent of Jacksonville’s area median income, capped at $51,000 for a family of four.
This is the third LaVilla neighborhood project for Vestcor.