A Jacksonville, Fla., developer plans to build spec homes in the city’s historic Springfield neighborhood on 41 lots that it purchased for $11,000 each.

JWB Real Estate Capital is seeking approvals to build three- and four-bedroom homes of up to 2,200 square feet that will resemble the historic properties around them, the Jacksonville Business Journal reports.

The company — which was previously focused on buying foreclosures, rehabbing them and managing them for investors — will meet with the city’s historic preservation commission next week. Source: bizjournals.com

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Refer, reward, repeat. Share a 90-day free trial and get $$$.Refer & Earn×