(JACKSONVILLE, FL) – Hines, the international real estate firm, has closed on the sale of a premier land parcel within its Southside Quarter mixed-use development to award-winning builder, David Weekley Homes. For the first time in Jacksonville, David Weekley will introduce its innovative Central Living brand of homes, which will include 135 attached townhouses and detached single-family homes featuring private outdoor living areas and the highest-quality design with innovative architecture. Site development will begin in July and the first home plans are expected to be unveiled in early 2018 and available in mid-2018.
Central Living is the high-density division of David Weekley Homes offering luxury living in prime locations and was first launched in Houston in 2008. Central Living has been a huge success and has expanded to 13 markets such as Atlanta, Austin, Charlotte, Dallas/Fort Worth, Orlando and Tampa. The homes are known for high quality, open designs and a low-maintenance lifestyle.
“We’re very excited to launch our new Central Living by David Weekley homes in Jacksonville,” said Jon Morris, division president for Jacksonville and Panama City. “David Weekley Homes has been building in the Jacksonville area since 1998, and is proud to introduce a new line of high-quality homes to our in-town customers. Our Central Living communities will offer the right home for those seeking low-maintenance living that minimizes their home’s footprint, and in a location that is close to everything, including a variety of entertainment, shopping, dining, cultural landmarks and key area employers.”
“We are thrilled to have David Weekley join our team and their Central Living brand is a perfect fit for Southside Quarter, the best location in Jacksonville,” said Lane Gardner, managing director with Hines. “This innovative residential product further sets Southside Quarter apart and is perfect for those who want a central location and the ability to walk to work, retail and restaurants in a high-quality environment.”
Southside Quarter is a signature mixed-use development including parcels for office, residential, hotel, retail, commercial and more. The development is centrally positioned just south of the St. John’s Town Center in Jacksonville’s most active submarket and the epicenter of Jacksonville’s key entertainment, retail, transportation and employment areas. An ideal location for companies, tenants, future residents, shopping, dining and entertainment.
The final architecture, elevations and Central Living plans are being customized for Southside Quarter and more information will be released as it becomes available.
David Weekley Homes, founded in 1976, is headquartered in Houston and operates in 22 cities across the United States. David Weekley Homes was the first builder in the United States to be awarded the Triple Crown of American Home Building, an honor which includes “America’s Best Builder,” “National Housing Quality Award” and “National Builder of the Year.” Weekley has also appeared 11 times on FORTUNE magazine’s “100 Best Companies to Work For®” list. Since inception, David Weekley Homes has closed more than 80,000 homes. For more information about David Weekley Homes, visit the company’s website at www.davidweekleyhomes.com.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 189 cities in 20 countries. Hines has approximately $96.5 billion of assets under management, including $48.5 billion for which Hines provides fiduciary investment management services, and $48 billion for which Hines provides third-party property-level services. The firm has 114 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,206 properties, totaling over 390 million square feet. The firm’s current property and asset management portfolio includes 533 properties, representing over 213 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.