(JACKSONVILLE, FL) – Hines, the international real estate firm, today announced that it has broken ground on the newly named Southside Quarter, a 105-acre signature mixed-use property at the southwest intersection of I-295 and J.T. Butler Boulevard on Jacksonville’s Southside.
Southside Quarter is a mixed-use development that will blend office, residential, hotel, retail, commercial and more, and will deliver the highest-quality design and architecture providing an integrated live, work and play environment. Centrally positioned just south of the St. John’s Town Center in Jacksonville’s most active submarket and the epicenter of Jacksonville’s key entertainment, retail, transportation and employment areas, Southside Quarter offers the ideal location for companies, tenants, future residents, shopping, dining and entertainment.
Hines also today released preliminary design and site plans for the initial Class A build-to-suit office sites which are available for corporate tenants. Office sites in the first phase include up to two 125,000-square-foot buildings for a total of 250,000 square feet. The office building sites will provide lake views, excellent visibility from J. Turner Butler, ample parking and signage opportunities, and will be walkable to future residential and retail components. Plans are advancing for multiple residential sites and concepts that will be available at Southside Quarter with additional announcements forthcoming. Select parcels are available now for retail, high-density single-family residential, commercial, hotel and additional office uses.
Southside Quarter focuses on connectivity, walkability, pedestrian-friendly pathways, a central lake amenity and abundant green space. Hines is working closely with national renowned planning firm RTKL Associates, local engineering firm, ETM, and the City of Jacksonville to develop a master plan that adds to the character of the existing neighbourhood and community.
Hines’ Jacksonville-based Managing Director Lane Gardner stated, “With the Quarter, we will create a timeless and true mixed-use destination. It will be the place to be for people, tenants, residents and neighbors to meet, gather, live, work, relax and enjoy life.”
Jacksonville District 11 City Councilman Danny Becton added, “We are pleased Hines is part of the continued growth in Jacksonville. With their experience in this market and other cities, Hines brings a unique ability to create a vibrant community that sets the standard for quality mixed-use projects in the city.”
For more information about office sites and space, available land parcels and opportunities in Hines’ Southside Quarter, please visit www.SouthsideQuarter.com or contact Lane Gardner at (904) 599-9008.
Hines is a privately owned global real estate investment firm founded in 1957 with locations in 192 cities in 20 countries. Hines has $93.2 billion of assets under management, including $47.9 billion for which Hines provides fiduciary investment management services, and $45.3 billion for which Hines provides third-party property-level services. Hines has 105 developments currently underway around the world, and historically, has developed, redeveloped or acquired 1,180 properties, totaling over 379 million square feet. The firm’s current property and asset management portfolio includes 483 properties, representing over 199 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most respected real estate organizations in the world. Visit hines.com for more information.