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Jacksonville’s multifamily development secures construction loan

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Jacksonville’s multifamily development secures construction loan

A 270-unit, Class A, garden-style apartment community in Jacksonville has secured the construction loan.

The construction financing and equity placement was arranged by Franklin Street for Duval Crossing. The developer is Corner Lot Living.

Duval Crossing, located at 14200 Duval Rd., is situated on 13.5 acres and will consist of 11 three-story buildings and units will range from one to three bedrooms.

Amenities will include a resort-style pool, outdoor summer kitchen with grilling areas, a clubhouse with a fully-equipped gym, and a dog walking path and dog park.

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