Contact Us

Area Information
904.701.3107

Beacon Riverside Luxury Condo Tower on Hold for Now

Beacon Riverside had sold only 25 percent of its units since its announcement in 2013. About 25 percent of the Beacon Riverside units were pre-sold since the announcement in 2013.

With a lack of pre-sales at the Beacon Riverside, a 16-story Riverside/Avondale waterfront high-rise announced in 2013, developers have put a hold on the project. Due to start construction in early 2014, the project’s developer, NAI Hallmark Partners, has not had the robust sales predicted, with only about 25 percent of the units pre-sold. About half of the 45 units needed to be sold for construction to commence on schedule.  

The high end Riverside/Avondale condos ranged in price from $600,000 to more than $2M. Other condo developers in Jacksonville, such as Aphora at Marina San Pablo, have also halted building due to lack of up front sales.  

NAI Hallmark Partners is hoping that with the amazing growth in Riverside/Avondale, the project may be restarted in one to two years. 

Area Referenced: Avondale

Comments

 

1828 Powell Pl Historic Home for Sale Tour

Jax FL Realty is not a national database Real Estate company. We’re a neighborhood, local, Historic Avondale business, and we wouldn’t have it any other way.

If you're looking to buy or sell a home in Historic Avondale, you’re going to have to look a whole lot deeper than Zillow, Trulia or Realtor.com. Jax FL Realty is part of the fabric of Historic Avondale, like the Shoppes along St. Johns Avenue, a run with the dogs in Boone Park, burgers at The Brick or Bread Pudding at Biscotti’s.

Most Popular Posts

Copyright © 2022 Avondale Historic Homes. All Rights Reserved  |  Privacy Policy  |  Terms of Use  |  Site by Digital Advent Media