JACKSONVILLE, FL - Falcone Group, considered one of the nation’s top real estate development and investment firms, is proud to announce the successful grand opening of Momentum Blanding, a 240-unit rental community in Westside Jacksonville.
Members of the Falcone Group team, city officials, community leaders and other VIPs held a ribbon-cutting ceremony on October 24, 2025, to commemorate the official opening of the apartment community.
The celebration marked the culmination of Falcone Group’s vision to bring critically needed rental apartments to the Jacksonville community at attainable prices with numerous upscale amenities for residents. The firm has been an active developer throughout the Jacksonville MSA for decades, with projects including the Beachwalk master-planned community in St. Johns County.
“Momentum Blanding is the first attainable workforce housing project in the Falcone Group portfolio’s history,” said Alfonso Costa Jr., Chief Operating Officer of Falcone Group. “We saw an opportunity in this site in particular, and it really is the first mover of this pocket of Blanding Boulevard.”
Jacksonville Mayor Donna Deegan shared, “It is an honor to welcome Falcone Group to Jacksonville. We are truly grateful that they chose our city to build their first attainable workforce housing project in the country. Momentum Blanding fits right into the work we are doing to make housing more affordable for everyone.”
Jacksonville City Council Member Rahman Johnson noted, “This ribbon cutting is not just about starting something, it’s about putting the next link in the chain so we can create even more, because Jacksonville isn’t waiting for the opportunity to show up, we’re building it – and that’s what this does.”
Located at 6136 Blanding Blvd., Jacksonville, FL 32244, Momentum Blanding offers a mix of one-, two-, and three-bedroom apartments featuring open-concept layouts with stylish finishes and upscale amenities such as a resort-style swimming pool, clubhouse with a game room, fully equipped business center, coffee bar, inviting resident lounge, yoga studio, fitness center, playground and pet park.
Monthly rents start at $1,299, with incentives including up to two months of rent plus a vacation to Margaritaville Resort Orlando.
Rentyl Apartments & Homes, a leading property management company specializing in multifamily communities, oversees leasing and property management for the community.
“Momentum Blanding reflects our core belief at Rentyl Apartments & Homes: everyone deserves the opportunity to LIVE WELL,” said Ellie Norton, Executive Vice President of Rentyl Apartments & Homes. “We’re proud to manage a community that blends quality, comfort and attainability, making everyday living a little more extraordinary.”
About Falcone Group: Headquartered in South Florida, Falcone Group is a national real estate development and investment firm that has developed and acquired more than 30,000 multifamily apartments, 15 million square feet of commercial space, and 30,000 single-family homes throughout the country. The Falcone Group’s transformational mixed-use communities include the Miami WorldCenter (the second-largest master-planned community in the United States) and Plantation Walk projects in South Florida.
About Rentyl Apartments & Homes: Rentyl Apartments & Homes is a multifaceted, forward-thinking property management partner rooted in hospitality and built for performance. The company delivers more than operational support — it provides strategic insight, innovative technology, and a personalized approach to every asset it manages. Its growing portfolio includes new development, upscale garden-style and high-rise apartment communities, as well as townhome and single-family rental neighborhoods.