As the St. Johns Town Center continues it's rapid expansion, another 45 acres of the central area has now been designated for additional apartments, commercial development and retail space.
With out a doubt, developers and interests in this section of Jacksonville has created a significant draw to the area for both business, entertainment and residential communities.
The latest announced development is now known as Hanover Town Center (mixed use development).
The development has planned to create 400 new residential units on close to 20 acres of the site and may develop an additional 400 units(based on demand), or add commercial/retail sites for residents living in The Hanover Town Center. The Jacksonville Planning committee will be meeting next week to review plans for the future of this next big phase of The Town Center area.
The Hanover Co. is based in Houston TX and is well known for developing and managing multifamily properties.