Northwest Florida's Business Climate, Downtown Development Special Issue

Page 27

Townhomes have been going up at this five-acre site that was formerly home to Hallmark Elementary School.

IN PROGRESS

HALLMARK SUBDIVISION The school was closed in 2011 and nationwide homebuilder D.R. Horton later acquired the land. Horton will build 76 townhomes in total, all two-story with streetfacing garages. The townhomes will line the perimeter of the property, leaving an interior courtyard in the center. Prices start at $275,900.

The 2.2-acre parcel sits downtown, just north of Bayfront Parkway and across the street from the Aragon Court neighborhood.

HAWKSHAW

COMING SOON

After remaining vacant for almost 30 years, the Hawkshaw property is set for a transformation.

Bob Montgomery, a local developer, purchased the property from the city in November for $1.6 million. Montgomery has proposed a $35 million plan that includes a multi-story, mixed-used commercial and residential development offering 39 condominiums and 6,500 square-feet of office space, which would be anchored by Montgomery’s Wine and Craft Beer. nwflbusinessclimate.com | Business Climate | 27


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