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RangeWater Real Estate has closed on a 28.61-acre property in the San Jose neighborhood of Jacksonville, FL to build a 280-unit multifamily.

RangeWater Real Estate’s Sixth Jacksonville Community to Rise in San Jose

RangeWater Real Estate has closed on a 28.61-acre property in the San Jose neighborhood of Jacksonville, FL. The acquisition marks RangeWater Real Estate’s sixth multifamily project in Jacksonville.

Multifamily real estate investment firm ParkProperty Capital serves as RangeWater Real Estate’s equity partner in the development of The Maggie, a 280-unit community situated on Dupont Avenue six miles from downtown Jacksonville.

The Maggie will feature a clubhouse with meeting space, a resident’s lounge, and fitness center with cardio, yoga and strength training equipment. The property’s outdoor spaces include an urban garden, social green, modern swimming pool with a deck and grilling area, a dog park and fountains.

Other RangeWater Real Estate multifamily projects in the Jacksonville area include The Brooklyn Riverside, Olea at Nocatee, Cadence at Nocatee, Olea eTown, and Olea Beach Haven. Olea eTown and Olea Beach Haven are slated for completion and delivery later this year and represent RangeWater Real Estate’s 55 and older communities.


Inside The Story

RangeWater Real Estate Steven Shores

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.