AV Homes is expanding its footprint into the Jacksonville market with the purchase of 80 acres in the metro, which deal closed Aug. 8 for an undisclosed price.
"This property is beautiful and truly unique," said David Smith, Florida division president. "The AV Homes team is committed to creating a community in harmony with its natural surroundings for future residents to enjoy."
The move puts AV Homes on the map in a community whose economic fundamentals have made a strong showing as of late, creating ripe conditions for new home demand.
"AV Homes recognizes the current and future housing needs in Jacksonville -- the timing is right," said Smith. "Jacksonville is a vibrant city, and we know the AV Homes brand will be well received here."
Plans for the community so far are based upon an urban park design featuring front porches and extensive sidewalk space for pedestrians.
The property is located off the 295 Beltway and Butler Boulevard near St. Johns Town Center.