With Development Review Committee sign-off in hand, the 280-unit Progress University development now moves to the city Planning Board for approval. The airport-adjacent site was rezoned for apartments in 2011.
The Sarasota City Commission approves first reading of ordinances to help pave the way for apartment developer Aventon to build a multifamily community at the site of the former dog track.
Aventon Companies LLC announced April 20 it bought 18.86 acres in North Jacksonville for a proposed $52 million, 324-unit apartment community called Aventon Sorraia.
The company paid $4.25 million for the property at 13163 Ranch Road on April 15, according to the deed recorded April 20 with the Duval County Clerk of Courts.
Raleigh, North Carolina-based Aventon bought the land through Jax North Apartment Owner LLC from Blue Sky JAXAP LLC, according to the deed.
In its news release, the company described the development as 12 three-story, “modern farmhouse-style buildings” with one-, two- and three-bedroom apartments.
Burk Hedrick, Aventon Companies vice president of development, said in the release the project will fill an “underserved need for upscale apartment living” near Jacksonville International Airport.