New Construction Projects in Jacksonville, Florida

Project 1: Pearl Square (including Vandeveer / Block N11 and Block N4)

• Developer: Gateway Jax
• Location: Downtown Jacksonville (e.g., 515 N. Pearl St. for Vandeveer; 425 W. Beaver St. for Block N4; multiple blocks including areas near Beaver St. and Pearl St.)
• Type: Mixed-use (residential apartments, retail, hotel, grocery)
• Units/Size: Over 1,250 apartments total across the project; Vandeveer: 205 units; Block N4: 286 units; plus ~200,000 sq ft retail, boutique hotel, Publix
• Status: Multiple phases under construction (first buildings broke ground 2024–2025; additional groundbreakings ongoing)
• Expected Completion: Vandeveer: September 2026; Block N4: April 2027; overall Phase 1 substantially complete by end of 2028
• Description: Transformational nine-block, nearly $1 billion mixed-use neighborhood adding apartments, retail corridor, Publix, hotel (Hotel Merrydelle in historic building), parks, and public spaces to revitalize downtown.[1][2]

Project 2: Southbank Residences

• Developer: The Related Group
• Location: 835 Museum Circle / Southbank Riverwalk, next to Friendship Fountain (former River City Brewing Co. site), Downtown Jacksonville
• Type: Residential (luxury high-rise apartments)
• Units/Size: Approximately 390–400 units in two towers; includes 29-slip marina, waterfront restaurant, parking
• Status: Under construction (broke ground May 2026)
• Expected Completion: Approximately 30 months from groundbreaking (around late 2028–early 2029)
• Description: First new luxury high-rise residential project along the riverfront in over a decade; $200 million development with river views and amenities.[3]

Project 3: RISE Doro

• Developer: Limited public information available (listed in pipeline reports)
• Location: 960 East Adams Street, Jacksonville, FL 32202
• Type: Residential (multifamily apartments)
• Units/Size: 247 units
• Status: Pre-lease / lease-up phase (as of Q2 2026 pipeline)
• Expected Completion: February 2026
• Description: Multifamily development contributing to downtown/Sports and Entertainment District housing supply.[2]

Project 4: Elevate at Southside

• Developer: Limited public information available (pipeline listing)
• Location: 5649 Cagle Rd, Jacksonville, FL 32216
• Type: Residential (multifamily)
• Units/Size: 112 units
• Status: Under construction
• Expected Completion: July 2026
• Description: Apartment community on the Southside.[2]

Project 5: Exchange at Cedar Creek

• Developer: Limited public information available (pipeline listing)
• Location: 14105 Epply Dr, Jacksonville, FL 32218
• Type: Residential (multifamily)
• Units/Size: 390 units
• Status: Under construction
• Expected Completion: October 2026
• Description: Large-scale multifamily project on the Northside.[2]

Project 6: Phoenix Arts and Innovation District

• Developer: Future of Cities (in partnership with Live Oak Contracting and Blue Sky Communities)
• Location: Springfield neighborhood, just north of Downtown Jacksonville (nearly 9-acre site)
• Type: Mixed-use (residential with affordable/workforce housing components, arts/innovation focus)
• Units/Size: Approximately 380+ units (80 affordable + ~300 workforce/market-rate)
• Status: Announced/planned (major funding secured as of May 2026)
• Expected Completion: Limited public information available (phased development)
• Description: $500 million project aimed at addressing housing affordability while preserving historic neighborhood character; includes commercial/arts elements.[4]

Project 7: Novu Jacksonville

• Developer: Novu Residential
• Location: Off Normandy Boulevard, West Jacksonville (near I-295)
• Type: Residential (Class A multifamily)
• Units/Size: 308 units
• Status: Recently completed or in final lease-up (completion targeted Spring 2026)
• Expected Completion: Spring 2026
• Description: Resort-style community with premium finishes and amenities, near employment centers and retail.[5]

Additional notes: The Q2 2026 multifamily pipeline report lists numerous other apartment projects in Jacksonville (e.g., Viridian Southside Quarter, Magnolia Villas, Royal Palms) in various stages of construction or lease-up through 2027, primarily smaller-to-mid-size communities.[2] Downtown projects like the Riverfront Plaza Hotel & Residences (Gateway Jax, 20-floor tower with residential and hotel components) are advancing through design approvals.[6] Commercial/hotel projects (e.g., AC Hotel Downtown) and adaptive reuses (e.g., Union Terminal Warehouse, completed 2025 with 228 units) are also underway but secondary to residential focus. Larger master-planned communities exist in surrounding counties but are outside strict Jacksonville city limits. Information is current as of September 2026; verify latest details with developers or city sources as timelines can shift.