DALLAS, TX - Presidium, a diversified real estate development, investment and management firm, is now leasing Presidium Town Center, a 470,000-square foot luxury residential community located in Jacksonville, Florida’s St. Johns Town Center area. The 370-unit, gated development will offer residents the opportunity to live in an upscale community located in the epicenter North Florida’s employment, retail and entertainment district. While Presidium Town Center is currently leasing and occupying units, the project is expected to be fully complete in Spring 2021.
“Earlier this year, St. John’s County was recognized as one of the strongest submarkets for new retail development. As Jacksonville continues to flourish, our goal was to develop a best-in-class community to not only accommodate this new growth, but encompass the aesthetic of the surrounding area,” said Mark T. Farrell, President of Development for Presidium. “Presidium Town Center offers a resort-style atmosphere, unbeatable location and serene views that makes it an ideal place to live. We look forward to this next chapter as we start leasing and occupying these apartment homes.”
Designed by Atlanta-based Dwell Design Studio, Presidium Town Center offers five four-story apartment buildings and three two-story carriage house buildings. Each of the units feature upscale finishes, energy efficient stainless-steel appliances and 9-10’ ceilings. Residents will be able to enjoy a 10,000-square foot leasing/amenity building containing a club room, game room, fitness center, wifi business center, package delivery room, demonstration kitchen, outdoor movie wall and outdoor pavilion. Residents of the gated community will also have exclusive access to a rooftop terrace and lounge overlooking a stunning resort-style pool.
Additionally, the close proximity to one of Florida’s most sought-after entertainment districts, St. Johns Town Center, provides a plethora of shopping, entertainment, restaurants and office spaces. Located on a 17.51-acre site, the property also backs up to a natural conservation area, providing residents with remarkable views and a sense of tranquility compared to the hustle-and-bustle of this burgeoning city.
About Presidium: Founded in 2003, Presidium is a Texas-based real estate developer, owner, and operator with a 17-year operating history and an existing real estate portfolio totaling approximately $2 billion AUM. We represent a spectrum of disciplines including acquisitions, development, property management, asset management, construction, law, finance, accounting, special servicing, and public-private partnerships. Presidium is committed to providing best-in-class housing for individuals of all income levels and creating great spaces that enhance people’s lives. For more information about Presidium, visit www.presidiumre.com