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Stoneweg US, LLC, has acquired 22 acres in Middleburg, FL for a 316-unit multifamily community named Old Jennings.

Stoneweg US Acquires 22 Acres Kissing Jacksonville for Multifamily Community

St. Petersburg, FL-based Stoneweg US, LLC, has acquired a 22.5-acre development site in the Jacksonville submarket of Middleburg, FL for a 316-unit multifamily community. Stoneweg US will reserve 7.5 acres for green space for the project, named Old Jennings.

“Jacksonville has steadily seen positive net migration for the last several years and continues to be a popular tourist destination for its rich history and cultural scene so our ability to capitalize on such a strong submarket bodes very well for our proposed construction of Old Jennings,” said Mark Rios, director of development for Stoneweg US.

Jacksonville, FL-based Boldline Design Group, will serve as the lead architect; Almond Engineering has been appointed as the project’s civil engineer and WhiteSpace will serve as the Building Technology Advisors.

Stoneweg US will also submit the project for Green Globes Certification in accordance with its commitment to incorporate sustainability best practices.


Inside The Story

Stoneweg US, LLC's Rios

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.

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