The Mathis Report: Pulte Homes buys property in eTown development for $3.3 million

Homebuilder buys 88.1 acres from Eastland Timber LLC.


The eTown development is in South Jacksonville along Florida 9B and Interstate 295.
The eTown development is in South Jacksonville along Florida 9B and Interstate 295.
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Pulte Homes will join the eTown development, the South Jacksonville project along Florida 9B and Interstate 295 that continues to cultivate interest through its name and the E-Town Parkway road signs to the undeveloped property.

Pulte Home Co. LLC, based in Ponte Vedra, paid $3.3 million July 27 to buy 88.1 acres from Eastland Timber LLC.

The PARC Group is developing eTown for the Davis family, which owns the land through Eastland Timber.  Road signs say E-Town but the property is marketed as eTown.

Pulte joins several other companies that bought land or filed plans for eTown: Catalyst Development Partners for apartments; Dream Finders Homes for townhomes; and, for single-family developments, Toll Brothers and a joint venture of David Weekley Homes and ICI Homes.

Atlanta-based PulteGroup Corporate Communications Manager Macey Kessler said by email it was too soon to share details about the project.

 A St. Johns River Water Management District filing shows the 1,478-acre mixed-use eTown will include commercial acreage as well as its focus on residential uses.

The PARC Group is releasing details over time and to date says little other than eTown will open in 2019. ETownJax.com markets sustainability, technology, convenience and a connected community.

Pulte Homes is one of PulteGroup Inc.’s brands. Pulte’s building activity in North Florida is concentrated in the Nocatee, Twin Creeks and Palencia communities.

 

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