Ability Housing Begins Work on 80-Unit Affordable FL Property

Dubbed Village at Hyde Park, the $18.7 million project in Jacksonville’s Westside submarket is slated for delivery late next year.

Ability Housing has broken ground on Village at Hyde Park, an 80-unit affordable housing development in Jacksonville, Fla. Florida Housing Finance Corp., JPMorgan Chase, Enterprise Community Investment and the Corporation for Supportive Housing financed the $18.7 million project. Forum Architecture & Interior Design is the architect, with Sauer Inc. serving as general contractor.

Located at 6480 Watergate Lane in the city’s Westside submarket, the property will be less than 6 miles from the junction between interstates 10 and 295. Village at Hyde Park is slated to include 43 one-, 23 two- and 14 three-bedroom apartments, all within a three-story building. Eight units will be designed for residents with hearing and/or vision impairments and 20 others will be available to individuals with mobility impairments. The community will feature roughly 3,800 square feet of common areas such as:

  • office space for property managers
  • library
  • conference room
  • storage space
  • break room
  • laundry facilities
  • indoor bike storage
  • playground

Village at Hyde Park is slated to meet Florida Green Building Coalition standards. Ability Housing purchased the 5-acre property for $450,000 in December 2017. Construction will begin this month and is expected to take a year. Currently, the nonprofit has two other affordable housing projects underway in Northeast and Central Florida—the 166-unit Village on Mercy in Orlando and the 77-unit Wayne Densch Center in Eatonville.

Images courtesy of Ability Housing