Author Topic: 5 Cool New Places to Live Downtown  (Read 3195 times)

Metro Jacksonville

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5 Cool New Places to Live Downtown
« on: December 02, 2015, 03:00:04 AM »
5 Cool New Places to Live Downtown



5 more interesting places to live that are either under construction or proposed for downtown Jacksonville.

Read More: http://www.metrojacksonville.com/article/2015-dec-5-cool-new-places-to-live-downtown

tufsu1

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Re: 5 Cool New Places to Live Downtown
« Reply #1 on: December 02, 2015, 08:11:02 AM »
I hadn't realized the Elena Flats building was purchased for $1 million.  Wow! 

Given all the work that will go into rehab, they'll need to charge $2500/month for rent.  Unfortunately, that's just a tad out of whack for the neighborhood.

Owners of the townhomes two blocks away (Parks at the Cathedral) that rent their units out are charging between $1100 and $1400/month.  The units are 2 or 3bdr, between 1500sf and 1750sf, include secured parking (one car garage + drive space behind), a clubhouse, pool, and a pocket park.

I wish them the best of luck!

MusicMan

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Re: 5 Cool New Places to Live Downtown
« Reply #2 on: December 02, 2015, 08:26:12 AM »
Uh, the $1,000,000 sales figure is wrong. Jack Meeks would never have done that. Or any sane person. ON COJ.net looks like they paid

$20,000  which makes more sense.

strider

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Re: 5 Cool New Places to Live Downtown
« Reply #3 on: December 02, 2015, 11:58:28 AM »
It appears the article has been corrected and yes, the 1 mil was not the purchase price but rather the amount being thrown around for the rehab costs. The Meeks do an excellent job on their rehabs and I'm sure this building will be grand once done.  As to the rents.....who knows. I would have thought it would have been a better deal financially of it was higher density but we will see if they are successful in getting the rents they need.
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Bativac

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Re: 5 Cool New Places to Live Downtown
« Reply #4 on: December 02, 2015, 01:22:11 PM »
The rental amounts mentioned in the article do seem a tad, uh, optimistic. I have friends renting places in San Marco and Riverside - whole houses! - that are paying around $1200 a month. I guess you pay for the amenities...!

vicupstate

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Re: 5 Cool New Places to Live Downtown
« Reply #5 on: December 02, 2015, 06:07:09 PM »
First I have heard of the Union House. Where is it exactly?
 
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thelakelander

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Re: 5 Cool New Places to Live Downtown
« Reply #6 on: December 02, 2015, 06:33:51 PM »
The old Union Terminal Warehouse building on East Union Street. It's sandwiched between Old City Cemetery and the Mathews Bridge expressway.
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brainstormer

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Re: 5 Cool New Places to Live Downtown
« Reply #7 on: December 02, 2015, 08:50:24 PM »
What about the FSCJ housing at 20 West Adams and the Laura Street Apartments being developed by Chamblin? Those are going to be pretty cool apartments in rehabbed buildings. 20 West Adams should be open by next fall if I remember correctly.

mtraininjax

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Re: 5 Cool New Places to Live Downtown
« Reply #8 on: December 03, 2015, 12:39:29 AM »
Quote
5 Cool New Places to Live Downtown

Does the picture show air conditioning as in mother nature or will there be an actual HVAC? Or are these cool in the planning and dev phase? I am confused.
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