Dream Finders Homes is moving along toward development of 204 town homes in Prominence Office Park on property where the Jacksonville-based company previously requested approval to demolish office space.
The city is reviewing a permit for site clearing for redevelopment work on 17.5 acres to convert office space and parking lots into the 204 town home project called Prominence Park.
The address is 8905 Prominence Parkway.
Dream Finders Homes owns the property through DFH Prominence LP.
England-Thims & Miller Inc. of Jacksonville is the civil engineer for the project.
Prominence Office Park is in the Baymeadows area of South Jacksonville at southwest Baymeadows Road and Interstate 95. Prominence Parkway is the main road into the park.
Plans indicate the town homes will be developed on 32.52 acres bordered by Prominence Parkway and Dix Ellis and Freedom Crossing trails.
Through DFH Prominence LP, Dream Finders Homes LLC bought Prominence Office Park in June 2024 for $22 million.
The park comprises 15 parcels, including seven office structures built from 1988 to 1998. The buildings total 754,691 square feet of space and range from 21,991 to 160,065 square feet.
Development site
The conceptual site plan dated Aug. 27, 2025, filed with city power provider JEA, indicated the project will be on what is labeled Parcel A on a previous plan.
Dream Finders Homes LLC is moving ahead on plans to demolish two of the seven office buildings in Prominence Office Park in Baymeadows to develop 204 town homes.
The company applied March 2 to the St. Johns River Water Management District for an environmental resource permit for the project within a 28-acre boundary in Prominence.
Dream Finders would demolish the buildings and remove their parking lots. It would create new ponds, fill the existing ones and provide underground utilities and stormwater management facilities.
Dream Finders, through limited liability companies, owns the seven buildings. The two it proposes to demolish first are Building 300 and Building 700.
The city issued a permit Nov. 11, 2025, for ELEV8 Demolition of Jacksonville to tear down Building 300. ELEV8 confirmed March 3 the building is down.
There is no indication of what’s next for Buildings 100, 200, 400 and 600.
Southeastern Grocers leased Building 200 at 8928 Prominence Parkway for its headquarters but returned to West Jacksonville at year-end 2025 as its lease expired. Plans fell through for the Duval County School Board to buy that building for use as the district’s new administrative home.
Approved for multifamily
Dream Finders Homes LLC has been exploring scenarios to redevelop Prominence Office Park for offices and multifamily uses.
The Jacksonville City Council approved the infill development Feb. 25, 2025.
Council approved twin pieces of legislation to allow for up to 1,435 multifamily units on 71.76 acres of developed and undeveloped land in the park.
Dream Finders has not responded to requests for comment.
DFH Prominence LP bought the property from Crocker Partners V Freedom LLC.
Deeds show that the buildings are on about 51.55 acres, while the remainder is 6.65 acres of vacant commercial land, 5.71 acres are parking lots and 4.14 acres are wasteland and right of way. That totals 68 acres while the legislation included several more acres.
When the property was offered for sale in February 2024, the offering said the office space was 50% leased. It said that the Baymeadows area submarket had more than 5,000 new apartment units added over the previous five years.
“The Properties offer investors a rare, large-scale value-enhancement opportunity in one of America’s top growth markets,” it said.
Value enhancement means a buyer would have the opportunity to reposition or repurpose the property for a higher return on its investment.