Luxury apartments to comprise first phase of The District
The first phase of The District – Life Well Lived – Jacksonville is one step closer to becoming reality.
On Dec. 15 Equity Resources LLC of Birmingham, Alabama, announced plans to develop a high-end luxury apartment community in connection with The District – Life Well Lived – Jacksonville, a Southbank riverfront urban resort planned by real estate developers Peter Rummell, Mike Balanky and their partner Michael Munz, all of San Marco.
Referred to as The District Luxury Apartments, the development will comprise one component of three phases The District developers have planned. It will consist of two buildings, each containing 276 residential units. Both apartment structures will include a five-story multifamily building built above 46,000 square feet of retail space and a 433-space parking garage.
Plans call for a groundbreaking in early to mid-summer 2016, with the first apartment homes completed and ready for residents to move in approximately 18 months later.
The plans offer a mix of efficiencies, one- and two-bedroom apartments ranging in size from 642 to 1073 square feet. The apartments will be well appointed with high-end features such as gourmet kitchens with granite countertops, under-mount sinks, custom-routed wood cabinetry with brushed nickel hardware, stainless steel appliances and upscale wood finish flooring.
“We are thrilled to bring this high-end multifamily component to The District,” said Jack Fiorella, president of Equity Resources. “Peter Rummell and his partners have an innovative vision for this 30-acre development that is focused heavily on their guiding principles of unintentional exercise and multi-generational lifestyle living. We are convinced that our apartment home development will complement that vision quite nicely.”
The District community will offer amenities including a grand elevated courtyard that will feature a resort-style swimming pool, covered pavilions, grilling stations and fire pits. An observation deck will be included, allowing residents views of the planned marina on the St. Johns River and the downtown Jacksonville skyline.
The District will also include an athletic club, gourmet coffee and hot tea bar, a residents’ retreat with media and gaming, a cyber business area and will be fully wired with cutting-edge technology. Residents will also have access to The District’s Base Camp, which will be the focal point of the development and will include yoga classes, personal health counseling, community gardening, a health concierge, and computer technology which can harness the resident’s fitness experiences.
By Marcia Hodgson
Resident Community News
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