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Jacksonville Florida Real Estate Blog

Get latest news and real estate development in Jacksonville, Florida. A real estate blog by Will Vasana, Realtor.

October 06, 2005

Nocatee Community Construction Begins

After almost a decade of planning and permit applications, developers are beginning construction of the planned Nocatee community, launching a project that expects to bring 14,800 housing units and about 25,000 residents to an undeveloped area of Duval and St. Johns counties.

Construction will start immediately on the project's first step -- a new County Road 210, which will be a four-lane parkway similar to J Turner Butler Boulevard.

Within a month, The PARC Group also plans to announce details about Nocatee's first three residential communities and their developers. It is expected that construction will begin on those communities, which will offer a mix of single- and multi-family homes, in spring 2006. Construction costs are estimated between $2 billion and $3 billion.

The PARC Group won approval for the construction of the new County Road 210 from the Army Corps of Engineers on Thursday, clearing the final hurdle before actual roadwork could begin.

The road, which developer The PARC Group plans to name "Nocatee Parkway," will stretch from the Intracoastal Waterway to U.S. 1 and eventually replace the existing County Road 210, now a twisting, two-lane road through mostly undeveloped land.

About the project

In addition to the residential units, the new development's 15,000 acres will encompass 4.2 million square feet of office space, 1 million square feet of commercial and retail space, and 250,000 square feet for light industrial use. About 8,600 acres will remain undeveloped in preserves and greenways.

About 2,200 acres will be in Duval County, with the other 12,800 acres in St. Johns County. Full development of the community will take about 25 years. A large portion of land in Nocatee will be devoted to playgrounds, schools, ball fields and preservation.

Just west of Nocatee, Gate Petroleum Co. has purchased 5,460 acres of land near Interstate 95 between Race Track Road and County Road 210. Plans haven't been disclosed yet, but the area is zoned for single-family, multi-family and commercial uses.

In addition to servicing the Nocatee community, the road will serve as a hurricane evacuation route for the Beaches area.

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