Hines to Develop Signature Mixed-Use, Master-Planned… - Hines

Hines to Develop Signature Mixed-Use, Master-Planned Community on Jacksonville's Southside

International Real Estate Firm Draws on 58 Years of Experience to Create New, Distinct Community in Jacksonville

(JACKSONVILLE, FL) – Hines, the international real estate firm, today announced that it is acquiring a 105-acre property at the intersection of I-295 and J.T. Butler Boulevard on Jacksonville’s Southside.

Located in the southwest quadrant of this strategic, in-fill location, the new Hines development will provide an integrated live, work and play environment in what will be a market defining master-planned community. The project will be a true-mixed use development that will blend residential, office, neighborhood retail and more and will leverage Hines’ experience and reputation of delivering the highest-quality design and architecture. This location has superior visibility, access and is centrally positioned in Jacksonville’s most active submarket and the epicenter of Jacksonville’s key entertainment, retail, transportation and employment areas offering the ideal location for future residents, companies and tenants.

The development plans will reflect the firm’s proven track record of creating a neighborhood that focuses on connectivity, walkability, pedestrian-friendly pathways, a central lake amenity and abundant green space. A key element of the pre-development plan includes working closely with the City of Jacksonville, national renowned planning firm RTKL Associates and the local engineering firm, ETM, to develop a master plan that adds to the character of the existing neighbourhood and community.

Hines Founder Gerald Hines stated, “For nearly 60 years, our firm has been committed to developing high-quality projects that enhance the communities we serve. In Jacksonville, we look forward to creating a project that provides a timeless place for residents and our neighbors to live, work and enjoy life.”

Hines has nearly 60 years of development experience throughout the world and a strong local presence in Northeast Florida dating back to 1999 when it began the award winning 2,200-acre Palencia community. The master-planned, mixed-use community in St. Augustine has served as a model for development in northeast Florida. In the 16 years since it started Palencia, Hines has grown its local presence in Jacksonville to include acquisition of The Markets at Town Center and Markland, a new residential community under development in St. Johns County.

“Hines has a long track record of completing successful mixed-use developments such as Palencia in St. Augustine, FL.; Cool Springs in Franklin, TN.; Deerfield in Atlanta, GA. and CityCenterDC in Washington, D.C.,” said Lane Gardner, Hines’ Jacksonville-based managing director. “Our Firm is proud to be part of the continued growth in Jacksonville. With our experience in this market and other cities, Hines brings a unique ability to create a vibrant community that sets the standard for quality mixed-use projects in Jacksonville.”

For more information about opportunities in Hines’ new project, please contact Lane Gardner at (904) 810-0500.

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 199 cities in 19 countries. Hines has $87 billion of assets under management, including $43 billion for which Hines provides fiduciary investment management services, and $44 billion for which Hines provides third-party property-level services. The firm has 104 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,100 properties, totaling over 346 million square feet. The firm’s current property and asset management portfolio includes 531 properties, representing over 186 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.

Contact Hines

Headquarters

Global Headquarters

2800 Post Oak Blvd.
Houston, TX 77056-6188
United States
1 713 621 8000
Contact Hines

European Headquarters

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

Regional Offices

U.S. East Region

345 Hudson Street
12th Floor
New York, NY 10014
United States
1 212 230 2300

U.S. Midwest Region

444 West Lake Street
Suite 2400
Chicago, IL 60606
United States
1 312 419 4900

U.S. Southeast Region

5 Ravinia Dr NE
Atlanta, GA 30346
United States
1 770 206 5300

U.S. Southwest Region

609 Main St.
Suite 2400
Houston, TX 77002
United States
1 713 237 5600

U.S. West Region

101 California Street
Suite 1000
San Francisco, CA 94111
United States
1 415 982 6200

Asia Pacific Region

1 Connaught Road, 28F
Central, Hong Kong

Eurasia Region

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

European Region

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

International Offices

Australia

20 Hunter St
Level 10
Sydney, NSW 2000
Australia
61 2 9232 3137

Brazil

Av. das Nações Unidas, 12901
Torre Norte - 6 ° andar
São Paulo 04578-910
Brazil
55 11 5504 7600

Canada

200 King Street West
Suite 1805
Toronto, ON M5H 3T4
Canada
416 595 1949

China

Suite 333, Hyundai Motor Tower
38 Xiaoyun Road, Chaoyang District
Beijing, PRC 100027
China
8610 8453 8855

France

66 Avenue Charles de Gaulle
Neuilly-sur-Seine, IDF 92522
France
33 1 41 45 80 80

Germany

Hines Immobilien GmbH
Joachimsthaler Str. 1
D - 10623 Berlin
Germany
49 30 726241 100

Greece

Voukourestiou 19
Athens 106 71
Greece
30 210 364 7895

India

One Horizon Center
12th Floor
Gurgaon, Haryana 122002
India
91 124 480 2222

Ireland

Block 2, First Floor
Clanwilliam House, Clanwilliam Place
Dublin 2
Ireland
353 1 7999900
Dublin.OfficeAdmin@hines.com

Italy

Via Broletto, 35
Milan 20121
Italy
0039 02 8962921

Japan

Akasaka K Tower Level 4
1-2-7 Motoakasaka, Minato-ku
Tokyo 107-0051
Japan
81 90 9854 5236

Luxembourg

35 F, John F. Kennedy
Luxembourg L-1855

352 264 337 1

Mexico

Torre del Angel
Reforma 350
Mexico D.F. 06600
Mexico
52 55 52428809

The Netherlands

Gustav Mahlerplein 28
Amsterdam, NH 1082 MA
Netherlands
31 6 30 70 81 29

Nordic Countries

Forbindelsesvej 4
Copenhagen 2100
Denmark
44 7815 285 191

Panama

Torre B Piso 15
Torre de las Americas
Punta Pacifica, Panama City
Panama
507 028 20 7375

Poland

Prosta Street 68
Warsaw 00-838
Poland
48 22 351 2400

Russia

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

Spain

Sor Ángela de la Cruz, 2° - 2° C
Edificio Cuzco III
Madrid 28020
Spain
34 91 703 00 23

South Korea

Glass Tower, Level 20
534 Teheran-ro, Gangnam-gu
Seoul 06181
Republic of Korea
82 2 3439 9141

United Kingdom

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900