Residential developments stand adult in St. Augustine

The city of St. Augustine, Fla., is approaching to get an contentment of new apartments and houses, and some of them are holding figure now.

The expansion of residential growth in a city is conspicuous from U.S. 1 North to Anastasia Island.

David Harrell, comparison growth examination planner for a city, has worked during City Hall for about a year and pronounced he’s beheld a trend.

“I’ve noticed, during slightest on my side of it, all facets of residential: apartments, condos, townhomes,” he said.

Some of a developments were available years ago and have been building over time, while some are still in a works. But collectively a developments meant larger direct for services, some-more vehicles on roads and some-more taxation income in city coffers.

St. Augustine, Fla.

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“Growth is always something that cuts both ways,” St. Augustine Mayor Nancy Shaver said.

Antigua Apartments are being built only north of a S.R. 312 nearby a bridge, and skeleton called for 249 units to be built during a site. Harrell pronounced a growth skeleton also call for townhomes. Construction is underway on a project, an bid prominently in perspective from S.R. 312.

Then there’s The Landing during St. Augustine on U.S. 1 North nearby a St. Johns County supervision complex. The initial proviso is impending completion, and a second proviso is planned. The plan was approaching to move 585 apartments in both phases combined, if a second proviso was permitted.

Plans are also in a works for a growth called Flagler Crossing nearby The Landing that is approaching to have about 100 single-family homes, Harrell said.

Madeira is a housing growth off U.S. 1 North. As of Feb 2016, 74 homes had been built out of some-more than 740 approved.

There’s also a tiny home growth called Villa Calissa in a works off U.S. 1 nearby State Road 207 and a St. Augustine Shipyard. It has been advertised as a village of 11 bay residences, with some listed around $800,000.

City Manager John Regan pronounced with a large liquid of housing inventory, officials will be profitable courtesy to how a housing marketplace is affected. Still, affordable housing is an emanate that stays to be addressed.

“We’re all going to be flattering curious, though a scarcity of a village is affordable and workforce housing,” Regan said. “We’re stability a joining to highlight a need for affordable and workforce housing.”


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Article source: http://www.nationalmortgagenews.com/articles/residential-developments-crop-up-in-st-augustine

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