JACKSONVILLE, FL–EJF Capital LLC and Chance Partners have announced a joint development of a two-building multifamily housing community in Jacksonville, FL. The 486-unit complex in the historic San Marco neighborhood will transform nearly nine acres of land. The $86 million development, known as the San Marco Crossing Project, is expected to break ground in Q3 2019, with plans to open in Q4 2020.
Three parcels of the project's currently underused property are located in an Opportunity Zone.
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