{"id":5921,"date":"2021-11-24T11:52:44","date_gmt":"2021-11-24T11:52:44","guid":{"rendered":"https:\/\/blue14investments.com\/2021\/11\/43-apartment-communities-in-development-in-jacksonville-area-report-shows\/"},"modified":"2021-11-24T12:16:27","modified_gmt":"2021-11-24T12:16:27","slug":"43-apartment-communities-in-development-in-jacksonville-area-report-shows","status":"publish","type":"post","link":"https:\/\/blue14investments.com\/es\/2021\/11\/43-apartment-communities-in-development-in-jacksonville-area-report-shows\/","title":{"rendered":"43 apartment communities in development in Jacksonville area, report shows"},"content":{"rendered":"<div  class=\"tatsu-Syb0Ju5sOY tatsu-section  tatsu-bg-overlay   tatsu-clearfix\" data-title=\"\"  data-headerscheme=\"background--dark\"><div class='tatsu-section-pad clearfix' data-padding='{\"d\":\"90px 0px 90px 0px\"}' data-padding-top='90px'><div class=\"tatsu-row-wrap  tatsu-wrap tatsu-row-one-col tatsu-row-has-one-cols tatsu-medium-gutter tatsu-reg-cols  tatsu-clearfix tatsu-BkeAJO9o_t\" ><div  class=\"tatsu-row \" ><div  class=\"tatsu-column  tatsu-bg-overlay tatsu-one-col tatsu-column-image-none tatsu-column-effect-none  tatsu-HkCJdqidt\"  data-parallax-speed=\"0\" style=\"\"><div class=\"tatsu-column-inner \" ><div class=\"tatsu-column-pad-wrap\"><div class=\"tatsu-column-pad\" ><div  class=\"tatsu-module tatsu-text-block-wrap tatsu-rJPeuqiOF  \"><div class=\"tatsu-text-inner tatsu-align-center  clearfix\" ><style>.tatsu-rJPeuqiOF.tatsu-text-block-wrap .tatsu-text-inner{width: 100%;text-align: left;}<\/style>\n<h3 class=\"sc-bdVaJa dist__HeadingBase-sc-1fnzlkn-5 ipThjR subheadline\">Average rent is $1,231<\/h3>\n<p class=\"sc-bdVaJa dist__TextBase-sc-1fnzlkn-2 cynzxG\"><strong>JACKSONVILLE, Fla.<\/strong> \u2013 Jacksonville has become a hot housing market, particularly with apartments.<\/p>\n<p class=\"sc-bdVaJa dist__TextBase-sc-1fnzlkn-2 cynzxG\">You may have noticed they appear to be popping up all over the city, including new construction in some older neighborhoods.<\/p>\n<p class=\"sc-bdVaJa dist__TextBase-sc-1fnzlkn-2 cynzxG\">One of about 15 new complexes being built right now in the city is on Hendricks Avenue in San Marco. About 15 other complexes have recently opened, and there are many more in the works.<\/p>\n<p class=\"sc-bdVaJa dist__TextBase-sc-1fnzlkn-2 cynzxG\">The demand for apartments is still growing. Many of those looking for apartments are coming from out of town.<\/p>\n<p class=\"sc-bdVaJa dist__TextBase-sc-1fnzlkn-2 cynzxG\">Juliana Wright recently moved to Jacksonville from Seattle and landed a position with the Florida Ballet but found it difficult to land a place to live.<\/p>\n<p class=\"sc-bdVaJa dist__TextBase-sc-1fnzlkn-2 cynzxG\">\u201cIt was hard finding a place. Lots of the one-bedroom, studio apartments were all taken. They went pretty fast, or they\u2019re just too expensive,\u201d Wright said.<\/p>\n<p class=\"sc-bdVaJa dist__TextBase-sc-1fnzlkn-2 cynzxG\">She is now at home in the San Marco Promenade apartment community near Philips Highway. It\u2019s just one of many that have opened recently in Jacksonville, like the Exchange next door. Other luxury apartments are in the works. Construction is underway for the Doro, located near TIAA Bank Field.<\/p>\n<p class=\"sc-bdVaJa dist__TextBase-sc-1fnzlkn-2 cynzxG\">A market report shows that 43 apartment communities are in development in the Jacksonville area. It looks like they are not having problems attracting tenants. Right now, according to <a href=\"https:\/\/www.naihallmark.com\/wp-content\/uploads\/2021\/08\/NAI-Hallmark-Q2-2021-Market-Report-2.pdf\" target=\"_blank\" rel=\"noopener\">the report published by NAI Hallmark Jacksonville<\/a>, which is a commercial real estate firm, the vacancy rate for the city is 3.7%. It was 5.2% a year ago.<\/p>\n<p class=\"sc-bdVaJa dist__TextBase-sc-1fnzlkn-2 cynzxG\">The average rent is $1,231, and that\u2019s more than an 11% increase from last year. Many say the coronavirus pandemic is a reason for some of the growth \u2014 with more people working remotely, they no longer have to be in cities that have high rents.<\/p>\n<p class=\"sc-bdVaJa dist__TextBase-sc-1fnzlkn-2 cynzxG\">This growth in apartment construction is also causing some criticism. Norman Joseph lives near St. Augustine Road and Old Kings Road \u2014 where there are plans to build a 380-unit apartment complex. He understands the need for new housing but believes building apartments in a neighborhood that\u2019s already established with single-family homes is a mistake. He is worried about additional traffic and the size of the complex being proposed.<\/p>\n<p class=\"sc-bdVaJa dist__TextBase-sc-1fnzlkn-2 cynzxG\">\u201cFrom my back porch to the other homes in the neighborhood, instead of seeing greenery and trees, we\u2019re going to see a four-story high-rise,\u201d Joseph said.<\/p>\n<p class=\"sc-bdVaJa dist__TextBase-sc-1fnzlkn-2 cynzxG\">He plans to fight back by attending a town hall meeting on Monday to voice his concern. That meeting is at 5 p.m. at Alfred I. duPont Middle School.<\/p>\n<\/div><\/div><div  class=\"tatsu-module tatsu-text-block-wrap tatsu-rJFu5ssOF  \"><div class=\"tatsu-text-inner tatsu-align-center  clearfix\" ><style>.tatsu-rJFu5ssOF.tatsu-text-block-wrap .tatsu-text-inner{width: 100%;text-align: left;}<\/style>\n<pre id=\"tw-target-text\" class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Traducci\u00f3n\"><span class=\"Y2IQFc\" lang=\"en\"><strong>Fuente:<\/strong> <a href=\"https:\/\/www.news4jax.com\/news\/local\/2021\/10\/22\/43-apartment-communities-in-development-in-jacksonville-area-report-shows\/\" target=\"_blank\" rel=\"noopener\">News4Ajax<\/a><\/span><\/pre>\n<\/div><\/div><\/div><\/div><div class = \"tatsu-column-bg-image-wrap\"><div class = \"tatsu-column-bg-image tatsu-bg-lazyload\" data-src = \"\"><\/div><\/div><div class=\"tatsu-overlay tatsu-column-overlay tatsu-animate-none\" ><\/div><\/div><style>.tatsu-row > .tatsu-HkCJdqidt.tatsu-column{width: 100%;}.tatsu-HkCJdqidt.tatsu-column > .tatsu-column-inner > .tatsu-column-overlay{mix-blend-mode: normal;}.tatsu-HkCJdqidt > .tatsu-column-inner > .tatsu-top-divider{z-index: 9999;}.tatsu-HkCJdqidt > .tatsu-column-inner > .tatsu-bottom-divider{z-index: 9999;}.tatsu-HkCJdqidt > .tatsu-column-inner > .tatsu-left-divider{z-index: 9999;}.tatsu-HkCJdqidt > .tatsu-column-inner > .tatsu-right-divider{z-index: 9999;}@media only screen and (max-width:1377px) {.tatsu-row > .tatsu-HkCJdqidt.tatsu-column{width: 100%;}}@media only screen and (min-width:768px) and (max-width: 1024px) {.tatsu-row > .tatsu-HkCJdqidt.tatsu-column{width: 100%;}}@media only screen and (max-width: 767px) {.tatsu-row > .tatsu-HkCJdqidt.tatsu-column{width: 100%;}}<\/style><\/div><\/div><\/div><\/div><div class=\"tatsu-section-background-wrap\"><div class = \"tatsu-section-background tatsu-bg-lazyload\" data-src = \"\"><\/div><\/div><div class=\"tatsu-overlay tatsu-section-overlay\"><\/div><style>.tatsu-Syb0Ju5sOY .tatsu-section-pad{padding: 90px 0px 90px 0px;}.tatsu-Syb0Ju5sOY .tatsu-section-offset-wrap{transform: translateY(-0px);}.tatsu-Syb0Ju5sOY > .tatsu-bottom-divider{z-index: 9999;}.tatsu-Syb0Ju5sOY > .tatsu-top-divider{z-index: 9999;}.tatsu-Syb0Ju5sOY .tatsu-section-overlay{mix-blend-mode: normal;}<\/style><\/div>\n","protected":false},"excerpt":{"rendered":"<div><a href=\"https:\/\/blue14investments.com\/es\/2021\/11\/43-apartment-communities-in-development-in-jacksonville-area-report-shows\/\" class=\"exp-read-more exp-read-more-underlined\">Read More<\/a><\/div>\n","protected":false},"author":1,"featured_media":5900,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-5921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>43 apartment communities in development in Jacksonville area, report shows - Blue14 Investments<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"43 apartment communities in development in Jacksonville area, report shows - Blue14 Investments\" \/>\n<meta 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