Developer seeks bids for Avondale project - The... -
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Published on: 6/22/2006
Last Visited: 6/22/2006
Marcus & Millichap, Mike Balanky, David Hsieh,
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The deadline for sealed bids is Aug. 11, with the goal being to sign up a developer before the end of the year, said David Hsieh, of Marcus & Millichap's Jacksonville office.
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Hsieh said plans call for a planned unit development that includes the leveling of the 5.8-acre site and the construction of a 17-story condominium tower and a second building with 20,000 square feet of retail space.
"It's been PUD-approved and renamed the St. Johns Village Center," Hsieh said.
Most of the project's 166 units will be in the condo tower, but some will be in the second building.The project will also include dredging of Fishweir Creek and up to 40 boat slips.
Hsieh said Marcus & Millichap is in the early stages of marketing the property and getting the word out about the bid process.But he said he's been in discussion with multiple developers already established in Jacksonville.