Jacksonville Daily Record 10/12/18

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FRIDAY October 12, 2018

Public legal notices begin on page 3

jaxdailyrecord.com • 35 cents

Daily Record JACKSONVILLE

REAL ESTATE

THE MATHIS REPORT

Daily Record

10,700-unit community planned in St. Johns County

JACKSONVILLE

Hutson Companies proposing the SilverLeaf master-planned development south of County Road 210.

Daily Record Daily Record JACKSONVILLE

SILVERLEAF

The SilverLeaf community is planned along St. Johns Parkway south of County Road 210 in St. Johns County.

BY JAY SCHLICHTER ASSOCIATE EDITOR

The company that developed OakLeaf Plantation in Duval and Clay counties is proposing another expansive neighborhood, this one in St. Johns with up to 10,700 residential units and 1.7 million square feet of commercial space. The Hutson Companies, based in St. Augustine, submitted plans for review by the St. Johns River Water Management District to develop SilverLeaf, a master-planned community on 8,500 acres between County Road 210 and County Road 16A. The developer is connecting those roadways by constructing 7.5 miles of roads, including a new street — SilverLeaf Parkway — and extending St. Johns Parkway farther south. The community, which will take eight to 10 years to build-out, will start with three neighborhoods, said Kathy Merrow, Hutson’s marketing manager. Those will be Holly Forest, with 143 single-family homes and 210 multifamily townhomes; Meadow Ridge, with 195 single-family homes; and SilverLeaf Village, with 467 single-family homes. A map of the community shows numerous parcels to be built into other single-family, multifamily and commercial SEE SILVERLEAF, PAGE 2

JACKSONVILLE

KAREN BRUNE MATHIS EDITOR

Pattillo working on speculative warehouse

1.2 million-square-foot facility is at NorthPoint Industrial Park. Pattillo Industrial Real Estate is preparing for what could become a 1.2 million-squarefoot warehouse in the NorthPoint Industrial Park. “We are just preparing for future construction,” said Peter Anderson, Pattillo vice president. “The market is active with prospects and we want to be prepared,” he said. The site is along Port Jacksonville Parkway at New Berlin Road. The size fits the parameters of several unidentified distribution center prospects said to be looking at Jacksonville. Anderson said the structure is planned as a speculative project without an identified tenant or owner-user and it is being designed for a single company rather than as a multitenant building. However, the final design will depend on the needs of the business that will occupy it. The structure is designed at

HOW BIG IS IT?

SilverLeaf would join the ranks of some of the largest planned communities in Northeast Florida. Here’s how the development compares: Subdivision County

Homes

Wildlight

Nassau

24,000

OakLeaf Plantation

Clay & Duval 11,000

Nocatee

St. Johns

12,295

SilverLeaf

St. Johns

10,700

Sawgrass

St. Johns

6,963 Special to the Daily Record

SEE MATHIS, PAGE 2

Siris completes Web.com deal Siris Capital Group LLC completed the acquisition of Web.com Group Inc., Thursday. The Jacksonville-based company, which provides website and marketing services for small businesses, will continue operating under the Web.com name as a private company. Web.com confirmed Thursday that David Brown, right, will continue as president and CEO under the new ownership. Siris paid $28 per Web.com share to buy the company, a total of $1.47 billion. With the assumption of debt, the total value of the deal was about $2 billion.

VOLUME 105, NO. 232 • ONE SECTION


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