Nonprofit senior living developer, Fleet Landing, plans to build a 32-story tower at 111 Riverside Ave., Jacksonville, encompassing approximately 500,000 square feet and including 239 residential units and 40 licensed care units. The Jacksonville Business Journal reports the project is slated to cost $375.9 million. Plans include assisted living and memory care, along with several amenities, including dining venues, a performing arts center, fitness and wellness facilities, a swimming pool, and a spa.
In addition to an activated public riverfront with a pedestrian plaza, accessed via stairs and an ADA-compliant ramp, the public will also have access to street-facing retail and a 400-seat auditorium.
Gensler is the doing the design, and Goodson Bergen & Associates is doing the engineering work.
The developer, Fleet Landing, is no stranger to the area. Another project, in Nocatee, is expected to open in 14 months at a cost of $146 million. Fleet Landing is the name of the non-profit and its projects.
ATCO Structures has more than doubled the size of its modular manufacturing plant in Grimsby, expanding production capacity as Canada’s construction industry faces growing pressure to build faster and at lower cost. The company officially opened the expanded facility Thursday, increasing its footprint from 85K SF to 185K SF. Canada’s modular construction market reached $5.5B...
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Canada’s apartment landlords are still collecting more rent than they were a year ago. But when a tenant moves out, the next one is increasingly paying less. That divide is at the heart of a rental market that has lost much of its pricing power, even as apartment buildings remain largely occupied. Annual rent growth...
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The U.S. investment sales market continued to gain momentum through the third quarter of 2026, recording approximately $389 billion in sales across office, multifamily, industrial, retail and development properties, Avison Young reported. Q3 volume reached $143 billion, the strongest Q3 since 2022. Multifamily continued to account for the largest share of investment dollars, while industrial...
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