New Resort-Style Community En Route to Jacksonville
- Sep 08, 2016
Jacksonville—LandSouth Construction has recently broken ground on Integra River Run, an estimated $30 million, 300-unit luxury apartment community in Jacksonville’s Northside.
Integra River Run will boast seven four-story buildings with one-, two- and three-bedroom apartments averaging 979 square feet. Interiors will feature granite kitchen counters and stainless steel appliances. The gated community will include more than 6,000 square feet of resort-style amenities such as a state-of-the-art fitness center, cyber café, game room with billiards, swimming pool with sun deck, outdoor lanai and barbecue area, as well as attached/detached garages.
Integra River Run will be situated on a 23-acre site within the 65-acre Shands Crossing master-planned community at 14050 Integra Dr., at the corner of Maxx Leggett Parkway and Owens Road. The community is within a mile of Interstate 95 and in close proximity to shopping, dining and entertainment options, as well as to Jacksonville International Airport and the Port of Jacksonville. The community will be across the street from UF Health North, the newly built, 200,000-square-foot medical complex, which will function as a full-service hospital once the second phase of the project is completed. In addition, an Amazon fulfillment center that will employ 1,500 people is currently under development approximately three miles southwest of the property.
“Integra River Run is perfectly positioned to capture the increasing residential demand coming to the immediate area with UF Health North’s opening,” said HFF Managing Director Elliott Throne in a prepared statement. “Capital Bank provided great loan terms on a luxury multi-housing property that is also poised to benefit from Amazon’s arrival to the expanding Northside Jacksonville submarket.”
Thorne led the debt placement team that secured a $26.2 million loan with Miami-based Capital Bank for the developer.
LandSouth Construction is currently developing luxury apartments and mixed-use projects throughout the Southeast and the Jacksonville metro, including Integra 360 and Portiva Residences, among others.
Image courtesy of LandSouth Construction