RiversEdge: Life on the St. Johns will sit on the Southbank site of the former JEA Southside Generating Station, which was demolished more than 20 years ago. | Preston Hollow Community Capital
Published on April 16, 2024 at 11:02 am
Vertical construction is expected to begin soon at the RiversEdge: Life on the St. Johns development on the Downtown Southbank after a builder closed a deal on land where it plans to build several dozen town houses.
Toll Southeast LP Co. Inc., an arm of Pennsylvania-based Toll Brothers construction, paid $4.095 million for a 2.76-acre parcel within the 32.21-acre RiversEdge property, according to Duval County records.
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The seller was Elements Development of Jacksonville LLC, which is controlled by RiversEdge site developer Preston Hollow Community Capital LLC of Dallas.
Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.
