Tributary Development Site (Nassau County, FL)

Jones Lang LaSalle Americas, Inc. (JLL) presents Tributary Development Site, a ±22.41-acre multifamily development site in Nassau County, north of Jacksonville, Florida. Fully approved for up to 300 units, this prime location within the Tributary master-planned community offers excellent connectivity to SR-200 and I-95. Nassau County, situated between Downtown Jacksonville and Amelia Island, is experiencing rapid growth with a projected 63% population increase within a 5-mile radius over the next five years.

The area surrounding the Tributary Development Site is set for significant development, including the Tributary master plan's 3,300 homes and extensive commercial space, as well as the nearby Wildlight community's 11 million square feet of commercial space and 24,000 residential units. Major employers, healthcare facilities, and retail centers are in close proximity, enhancing the site's appeal. The presence of top-ranked schools further adds to the area's desirability for residents.

This offering provides an opportunity to capitalize on Nassau County's surging population and job growth. With approvals in place, the site is ready for near-term groundbreaking, allowing investors to swiftly meet the increasing demand for quality multifamily housing in this rapidly expanding market. The Tributary Development Site combines a prime location, strong market fundamentals, and the potential for excellent returns in one of Florida's most promising real estate markets.