Aug

25

Condo tower plans revealed for Shipyards

Filed Under Jacksonville Condos, Jacksonville property development 

According to plans unveiled by Landmar Group, a condo tower slated to be built at the Shipyards in Jacksonville will only be the first of four such towers to be built.

This first one will be 38 stories tall and will have 328 units with a minimum price tag of $300,000.

But to get the tower built, the company is having to rely on taxpayers help to the tune of $38 million. Landmar inherited this deal from the previous owners of the tower project, Tri-Legacy Group.

When finished, the condo towers are expected to transform the area around it turning it into a live bustling area of activity and investment.

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