CONSTRUCTION PIPELINE

Jacksonville 3Q 2024

0

UNITS UNDER CONSTRUCTION

0

IN PRE-LEASE /
LEASE UP PHASE

0

UNITS PLANNED

0

PROSPECTIVE UNITS

0

2024 MONTHLY AVG. PRE-LEASE ABSORPTION

0

T24 MONTHLY AVG. PRE-LEASE ABSORPTION

pipeline trends

Share of Inventory Under Construction or in Lease-Up

Pre-Lease Absorption Rate by Month

Multifamily Starts

Construction Pipeline

Forecasted Delivery Dates

Pipeline Status Breakdown by City

Pipeline Data Map

Disclaimer: The property data depicted in our maps is sourced from third-party providers and government sources. MMG does not directly collect or track this information. Due to the nature of external data collection, some properties may be omitted, which is beyond our control. Furthermore, the pipeline dataset was assembled on 8/15/2024, and changes in project statuses or new additions to the pipeline may not be reflected by the time of publication. While we strive to provide actionable and useful data, we do not guarantee its completeness. Clients are advised to verify all property details independently.

Full Data Table

Property NameProperty AddressCityStateZip CodeUnit CountProperty StatusForecasted Completion DateStart Of Rent Up
Lenox Cove Apartment Homes8737 Baymeadows RoadJacksonvilleFL32256118In Pre-Lease/Lease Up Phase9/30/2411/18/22
Beacon Point Townes93 Palma DriveSt. AugustineFL32086119In Pre-Lease/Lease Up Phase10/31/245/8/23
Harper Trout River, The9895 Trout Tides BlvdJacksonvilleFL32219182In Pre-Lease/Lease Up Phase5/31/255/31/23
Flagler Crossing725 Flagler Crossing DriveSt. AugustineFL32084510In Pre-Lease/Lease Up Phase3/31/256/8/23
Cordova PalmsUS Route 1 & Venetian BlvdSt. AugustineFL32095150In Pre-Lease/Lease Up Phase9/30/247/1/23
Soluna25 Silver Moon CircleSt. AugustineFL32092320In Pre-Lease/Lease Up Phase1/31/259/15/23
Breakwater Studios1057 Broward RoadJakcksonvilleFL32218198In Pre-Lease/Lease Up Phase9/30/2410/1/23
Sawyer's Preserve479 Terabithia WayJacksonvilleFL32216214In Pre-Lease/Lease Up Phase9/30/2410/1/23
Cottage Street at eTown11100 Domain DriveJacksonvilleFL32256229In Pre-Lease/Lease Up Phase11/30/2410/2/23
RISE at Nocatee1200 Preservation TrailPonte Vedra BeachFL32081178In Pre-Lease/Lease Up Phase2/28/2511/15/23
Tropia13924 Egrets Nest DriveJacksonvilleFL32258357In Pre-Lease/Lease Up Phase9/30/2412/1/23
Novo Westlake4910 Samaritan WayJacksonvilleFL32210300In Pre-Lease/Lease Up Phase10/31/2412/1/23
Hamlet at Wildlight305 Whitby DriveYuleeFL32097250In Pre-Lease/Lease Up Phase12/31/2412/1/23
Olea eTown11385 Exchange StreetJacksonvilleFL32256191In Pre-Lease/Lease Up Phase9/30/241/1/24
Eden at Kendall West9105 Tredinick PkwyJacksonvilleFL32211265In Pre-Lease/Lease Up Phase9/30/241/1/24
Jack on Beach, The3460 Beach BlvdJacksonvilleFL32207295In Pre-Lease/Lease Up Phase9/30/241/1/24
Crossroads at Town Center4600 Lusso LaneJacksonvilleFL32246141In Pre-Lease/Lease Up Phase10/31/241/1/24
Exchange at Wildlight549 Wildlight AvenueYuleeFL32097300In Pre-Lease/Lease Up Phase10/31/242/29/24
Percy OaksLem Turner Road & Percy RoadJacksonvilleFL32218122In Pre-Lease/Lease Up Phase2/28/252/29/24
AVIA Lofts on Liberty Ridge8365 Dix Ellis TrailJacksonvilleFL32256112In Pre-Lease/Lease Up Phase9/30/243/4/24
Elevate at Baymeadows8220 Dix Ellis TrailJacksonvilleFL32256107In Pre-Lease/Lease Up Phase9/30/243/31/24
Bainbridge Ponte Vedra at Nocatee440 Burbank AvenuePonte VedraFL32081396In Pre-Lease/Lease Up Phase3/31/253/31/24
Hurston50 Lago Mar WaySt. JohnsFL32259240In Pre-Lease/Lease Up Phase11/30/244/30/24
Woodside at Seven Pines11830 Buckfield CircleJacksonvilleFL32256300In Pre-Lease/Lease Up Phase9/30/245/9/24
Southerly at St. Augustine, The50 Ventures DriveSt. AugustineFL32092224In Pre-Lease/Lease Up Phase9/30/245/11/24
Aventon Highgrove11849 Palm Bay PkwyJacksonvilleFL32256360In Pre-Lease/Lease Up Phase2/28/255/31/24
Pointe Grand at Oakleaf1250 Hillpointe CircleMiddleburgFL32068216In Pre-Lease/Lease Up Phase6/30/255/31/24
Elevate at Southside5649 Cagle RoadJacksonvilleFL32216124In Pre-Lease/Lease Up Phase12/31/256/1/24
Ascend Durbin Park160 Bowling Green WaySt. JohnsFL32259280In Pre-Lease/Lease Up Phase12/31/247/3/24
Bradley St. Augustine, The350 Bay Laurel DriveSt. AugustineFL32086250In Pre-Lease/Lease Up Phase3/31/257/31/24
Pinnacle8760 Pinnacle Park BlvdJacksonvilleFL32256376Under Construction1/31/2511/30/24
Old Independent Life Building233 West Duval StreetJacksonvilleFL32202135Under Construction8/31/24
AluX at University Redevelopment3830 University Blvd SouthJacksonvilleFL32216232Under Construction8/31/24
Huntington Forest10109 Old St. Augustine RoadJacksonvilleFL3225764Under Construction10/31/24
Suncoast Crossing4250 Matador DriveJacksonvilleFL3221053Under Construction11/30/24
Madison Fountains10070 Ew Pappy RoadSt. JohnsFL32259276Under Construction12/31/24
Southerly at Shipyards, TheDiesel Road & Shipyard WaySt. AugustineFL32084270Under Construction12/31/24
Rise Baymeadows7311 Baymeadows WayJacksonvilleFL32256327Under Construction1/31/25
Halsema Villas12301 West Beaver StreetJacksonvilleFL3222060Under Construction1/31/25
Adley Luxe665 Starratt RoadJacksonvilleFL32218200Under Construction2/28/25
One Riverside1 Riverside AvenueJacksonvilleFL32202271Under Construction3/31/25
Maggie Flats, The3730 Dupont AvenueJacksonvilleFL32217280Under Construction4/30/25
Corner on Main1100 North Main StreetJacksonvilleFL32206201Under Construction5/31/25
Artea944 Broadcast PlaceJacksonvilleFL32207340Under Construction6/30/25
Pointe at Davis Creek, The12175 Philips HwyJacksonvilleFL32256288Under Construction6/30/25
Avery at River City Marketplace Phase II, The14200 Duval RoadJacksonvilleFL32218120Under Construction6/30/25
RISE @ Glen Kernan Park13190 Glen Kernan Pkwy NorthJacksonvilleFL32224308Under Construction7/31/25
RISE Doro960 East Adams StreetJacksonvilleFL32202247Under Construction12/31/25
Tapestry Palmera121 Oxmoor RoadSt. AugustineFL32084240Under Construction12/31/25
Avion12963 Duval RoadJacksonvilleFL32218320Under Construction12/31/25
RiversEdge801 Broadcast PlaceJacksonvilleFL32207950Under Construction12/31/25
Novu Jacksonville1485 Fouraker RoadJacksonvilleFL32221308Under Construction3/31/26
Gate ParkwayGate Pkwy West & Rolling Ridge WayJacksonvilleFL32216230Prospective
North Julia Street404 North Julia StreetJacksonvilleFL32202139Prospective
Ortega Park4529 Roosevelt BlvdJacksonvilleFL32210300Prospective
Hartshorn Street & West King StreetHartshorn Street & West King StreetSt. Augustine BeachFL32084275Prospective
Parkway Shops NorthMax Leggett Pkwy & Skymarks DriveJacksonvilleFL32218300Prospective
Harbor Lights Jacksonville14549 Beach BlvdJacksonvilleFL32250215Prospective
Hardwick at Ford on Bay, The330 East Bay StreetJacksonvilleFL32202360Prospective
Moody Bellinger Shipyard13911 Atlantic BlvdJacksonvilleFL32225590Prospective
ParkviewDoloma Street & Finwood AvenueJacksonvilleFL32221110Prospective
Sebastian Inland HarborKing Street & Sebastian Harbor DriveSt. Augustine BeachFL32084165Prospective
Cottages at St. Johns, TheRues Landing Road & State Route 16St. AugustineFL32092250Prospective
Harvester Villas75100 Clyde Higginbotham RoadYuleeFL3209782Prospective
1404 Blair Road1404 Blair RoadJacksonvilleFL3222160Prospective
Ellis CoveGolden Lake Lane & Philips HwyJacksonvilleFL32256320Prospective
Biscayne Lofty10939 Biscayne BlvdJacksonvilleFL32218108Prospective
Yard, The10950 Normandy BlvdJacksonvilleFL32221432Prospective
5400 Arrow Lane5400 Arrow LaneJacksonvilleFL32222160Prospective
Belfort CreekBelfort Road & Salisbury RoadJacksonvilleFL32256640Prospective
4950 20 Mile Road North4950 20 Mile Road NorthPonte Vedra BeachFL320812,250Prospective
Francis PointeFrancis Road & Pettiford Drive WestJacksonvilleFL3220988Prospective
Venture Lane TownhomesBlanding Blvd & Venture LaneLakesideFL32065177Prospective
Owens Ranch TownhomesOwens Road & Ranch RoadJacksonvilleFL32218178Prospective
RiversEdge Phase II801 Broadcast PlaceJacksonvilleFL32207618Prospective
Kings Avenue Station1201 Kings AvenueJacksonvilleFL3220790Prospective
500 East Bay500 East Bay StreetJacksonvilleFL32202250Prospective
Shoppes of Ponte Vedra Beach330 State Road A1A NorthPonte Vedra BeachFL32082250Prospective
704 1st Street North704 1st Street NorthJacksonville BeachFL3225054Prospective
Kelli Grove661 Blanding BlvdOrange ParkFL3207393Prospective
Kings Avenue Station Phase II1201 Kings AvenueJacksonvilleFL32207300Prospective
Harmony at BaxleyBaxley Road & Country Pines DriveMiddleburgFL3206886Prospective
Cedar Station103rd Street & Harlow BlvdJacksonvilleFL32210128Prospective
Saddle Brook Landings Phase II3037 John Hancock CourtJacksonvilleFL32221210Prospective
District, The21 West Church StreetJacksonvilleFL32202100Prospective
Cross County PlazaNWC South Francis Road & State Route 16St. AugustineFL3209250Prospective
Nassau CrossingHarts Road & William Burgess BlvdYuleeFL32097436Prospective
Exchange at eTownE-Town Pkwy & State Road 9BJacksonvilleFL32256258Prospective
RISE at Sutton ParkSutton Park Court & Sutton Park Drive SouthJacksonvilleFL32224260Prospective
Pinewood DrivePinewood Drive & State Road A1AYuleeFL32097264Prospective
MurabellaSan Giacomo Road & State Road 16St. AugustineFL32092360Prospective
Viva Communities at Bella TerraBella Terra Drive & US Highway 1St. AugustineFL32086240Prospective
Big Island Drive & Town Crossing DriveBig Island Drive & Town Crossing DriveJacksonvilleFL32246296Prospective
Governors ParkGreen Cove Avenue & South Oakridge AvenueGreen Cove SpringsFL32043100Prospective
Mayfield PlaceHerlong Road & Old Middleburg Road NorthJacksonvilleFL32210100Prospective
Presidium Regal Phase II14051 Beach BlvdJacksonvilleFL32250330Prospective
Morris Manor Phase II9050 Norfolk BlvdJacksonvilleFL3220894Prospective
Race Track SquareDurbin Pavilion Drive & Race Track RoadSt. Augustine BeachFL32084382Prospective
Block Nine114 Park StreetJacksonvilleFL32204293Prospective
Normandy TownhomesNathan Hale Road & Normandy BlvdJacksonvilleFL32221102Prospective
Exchange at Cedar Creek14105 Epply DriveJacksonvilleFL32218388Prospective
Marketplace DriveMarketplace Drive & State Road 207St. AugustineFL32086279Prospective
937 North Main Street937 North Main StreetJacksonvilleFL32202100Prospective
Pine Island9080 US Hwy 1St. AugustineFL32095202Prospective
Pointe Grand New Berlin871 New Berlin RoadJacksonvilleFL32218204Prospective
Block 5227 Park StreetJacksonvilleFL32204350Prospective
Pearl Street DistrictNorth Pearl Street & West Union StreetJacksonvilleFL32202100Prospective
4915 San Pablo Road South4915 San Pablo Road SouthJacksonvilleFL32224259Prospective
Marketplace, ThePacetti Road & State Road 16St. AugustineFL32092392Prospective
Greenbriar Road & Longleaf Pine PkwyGreenbriar Road & Longleaf Pine PkwySt. JohnsFL32259500Prospective
7th and Hubbard27 East 7th StreetJacksonvilleFL32206200Prospective
Integra2980 State Route 16St. AugustineFL32092300Prospective
Village of Lake Forest, The901 Kennard StreetJacksonvilleFL32208180Prospective
Waters BluffAlden Road & St. Johns Bluff Road SouthJacksonvilleFL32246300Prospective
Waters Bluff Phase IIAlden Road & St. Johns Bluff Road SouthJacksonvilleFL3224684Prospective
One Riverside Phase II1 Riverside AvenueJacksonvilleFL32202125Prospective
Den, The211 West Ashley StreetJacksonvilleFL32202175Prospective
Gran Bay ParkwayEgrets Nest Drive & Gran Bay PkwyJacksonvilleFL32258100Prospective
AcreeAcree Road & Old Kings RoadJacksonvilleFL32219100Prospective
Beach Road4132 Atlantic BlvdJacksonvilleFL32207285Prospective
Villages at Long BayCounty Road 220 & Long Bay RoadMiddleburgFL32068140Prospective
Brooklyn Riverside227 Park StreetJacksonvilleFL32204100Prospective
4 Mile Road & Charles Usinas Memorial Hwy4 Mile Road & Charles Usinas Memorial HwySt. AugustineFL32084405Prospective
Collins Road & Rampart RoadCollins Road & Rampart RoadJacksonvilleFL32244376Prospective
Fruit CoveCheryl Court & Fruit Cove RoadFruit CoveFL32259100Prospective
William BurgessNicholas Cutinha Road & William Burgess BlvdYuleeFL32097692Prospective
Ramona Lofts7059 Ramona BlvdJacksonvilleFL32205432Prospective
Gates of the Promenade8595 Beach BlvdJacksonvilleFL32216240Prospective
Springfield Lofts1341 North Pearl StreetJacksonvilleFL3220678Planned
RD River City Brewery835 Museum CircleJacksonvilleFL32207410Planned
Village at Town Center, The3800 St Johns Bluff Road SouthJacksonvilleFL32224759Planned
Integra Park at Oakleaf Phase II824 Integra Park DriveMiddleburgFL32068251Planned
7820 Arlington7820 Arlington ExpwyJacksonvilleFL32211118Planned
College Park903 University Blvd NorthJacksonvilleFL3221182Planned
Orange Park Plaza, The1324 Kingsley AvenueOrange ParkFL32073196Planned
Fountains EastC.E. Wilson Road & St Elizabeth WaySt. AugustineFL32095174Planned
Made at the Armory Project851 North Market StreetJacksonvilleFL32202100Planned
Old Jennings3364 Old Jennings RoadMiddleburgFL32068316Planned
Riverfront Plaza2 Independent DriveJacksonvilleFL32202333Planned
Lennox on Park390 Park StreetJacksonvilleFL32204342Planned
Terrassa2700 State Route 16St. AugustineFL32092324Planned
Pavilion at Durbin Park, ThePeyton Pkwy & Race Track RoadSt. JohnsFL32259100Planned
Mills Creek Preserve Phase II74700 Mills Preserve CircleYuleeFL32097300Planned
RISE St. AugustineOsceola Elementary Road & State Road 207St. AugustineFL32086272Planned
Briarwood Townhomes5041 Britton LaneJacksonvilleFL3221096Planned
Apela House14355 North Main StreetJacksonvilleFL32218285Planned
St. Augustine Centre470 Outlet Mall BlvdSt. AugustineFL32084353Planned
Adventure Landing Park Redevelopment1944 Beach BlvdJacksonville BeachFL32250415Planned
Klutho at Laura Street, The111 North Laura StreetJacksonvilleFL32202169Planned
Bartram CommonsDurbin Pavilion Drive & Race Track RoadJacksonvilleFL32259384Planned
Jones on Hogan520 North Hogan StreetJacksonvilleFL32202174Planned
Pointe Grand Liberty CoveNicholas Cutinha Road & William Burgess BlvdYuleeFL32097228Planned
Momentum Blanding6136 Blanding BlvdJacksonvilleFL32244240Planned
Bartram Commons Phases II & IIIDurbin Pavilion Drive & Race Track RoadJacksonvilleFL32259685Planned
Cathedral CommonsEast Duval Street & North Washington StreetJacksonvilleFL32202175Planned
State Road 16105 Shields CourtSt. AugustineFL32084305Planned
Avendale at SouthsideSEC Brackridge Blvd East & Newton RoadJacksonvilleFL32216157Planned

METHODOLOGY

Matt Ledom - Senior Managing Director

Matt Ledom

Senior Managing Director

matt.ledom@mmgrea.com

Tony Sanicola

Tony Sanicola

Senior Director

tony.sanicola@mmgrea.com

Jhamil Moore - Senior Advisor

Jhamil Moore

Senior Advisor

jhamil.moore@mmgrea.com

Dennis Nevolo - Senior Advisor

Dennis Nevolo

Senior Advisor

dennis.nevolo@mmgrea.com

Zach Croake

Zach Croake

Associate Advisor

zach.croake@mmgrea.com

Alex Blagojevich

Alex Blagojevich

Executive Managing Director / Co-Founder

alex.blagojevich@mmgrea.com

Michael-Sullivan

Michael Sullivan

Executive Managing Director / Co-Founder

michael.sullivan@mmgrea.com

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AS FEATURED IN

Construction Pipeline Report Methodology

Market Snapshot

Existing Units:  An estimate of the number of units in properties with 50 or more units.

Total Units Under Construction Or In Lease Up: Units being built or pre-leased as of February 2024, for projects with 50+ units.

Units Delivering in Next 4Q: Units expected to complete by the end of Q1 2025.

Share Of Existing Inventory UC: Percentage of units under construction relative to existing stock.

Construction Pipeline Status

Prospective: Early-stage project concepts.

Planned: Projects with approved conceptual plans by planning/zoning authorities.

Under Construction: Actively developed properties.

UC/Lease-Up: Properties under development and pre-leasing.

Rental Category

Discretionary: Resort-quality properties targeting high-income renters or those choosing to rent over owning.

High Mid-Range: Appeals to dual-income households with incomes similar to those in the discretionary category.

Low Mid-Range: Targets working professionals in “gray collar” jobs (e.g., police, firefighters, teachers, technicians).

Workforce: Aimed at blue-collar workers with lower incomes.

Pipeline Map & Data Table

Data sourced from Yardi Matrix. While accuracy is prioritized, the exactness of data cannot be guaranteed.

Construction Pipeline Map

The information provided in this construction pipeline map is obtained from Yardi Matrix. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.

Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.

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