D.R. Horton Plans $60 Million Project Near I-95, JTB

22 10 2004

D.R. Horton, Jacksonville’s largest residential builder, bought 30 acres of land in the southeast quadrant of J. Turner Butler Boulevard and Interstate 95, planning a development of nearly 400 townhouses and a high-tech hotel for the rapidly growing area near Philips Highway.

Texas-based D.R. Horton Inc. purchased land near the 7000 block of Bonneval Road on Oct. 15 from Fort Lauderdale-based AutoNation USA Corp., the world’s largest automobile retailer and owner of the Mike Shad chain of dealerships in Jacksonville.

D.R. Horton plans to clear the land and build about 400 townhouse units, creating a gated community with a pool, cabana complex and playground area.

The development will have 33 buildings of 12 units each, with one garage per unit. Pricing for the units will be from the $120,000s to the $160,000s, and sizes will range from 1,015 square feet to 1,550 square feet.

D.R. Horton has already secured planned unit development zoning for the property and expects construction to begin in January in order to have the units available for occupancy by next summer.


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