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San Marco workforce housing secures $25M permit to begin construction - Jacksonville Business Journal

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San Marco workforce housing secures $25M permit to begin construction

Feb 3, 2023, 3:07pm EST

A 172-unit multi-family workforce housing complex in San Marco received the go-ahead from the city to commence construction. The 185,204-square-foot development, Lofts at San Marco East is located 3036 Philips Highway. The four-story building is being developed by the Vestor Companies. Summit Contracting Group received a $25 million permit on behalf of Lofts at San Marco East, Ltd. on Feb. 2, records show. LaVilla LLC, registered under Vestcor, bought the land for $1.65 million in March 2022. The property is near Douglas Anderson School of the Arts and Alexandria Oaks Park.

Two permits to construct a trash enclosure and pavilion at the property were also approved by the city Thursday.

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Please define workforce housing to the African American Economic Recovery Think Tank, LLC?

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