Florida & Gulf Coast CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
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.
- ◦Development
