Mayport, Florida Revitalization Plans Stalled

By
Real Estate Agent with Berkshire Hathaway Home Services Florida Network Realty BK 3030920
https://activerain.com/droplet/6yt

I'm sure this has happened in many areas of Florida, probably more common on the coast or inland waterways.

Mayport, Florida was hotly pursued as the next "It" area of Jacksonville. Located on the St. John's River, with ocean access just next door, land was gobbled up in anticipation of increasing land values and multi use land development that would bring buyers and retail stores by the dozens overnight.

Now, with the current state of the economy, the plans have faltered, some mid-stream as the developers were caught amidst the changing tide of the real estate market.

The Navy is planning on dredging to bring the channel to the appropriate depth for a nuclear carrier, there is again a casino cruise ship and plans remain to shift the cruise ship terminal from up the river to closer to Mayport.

I'm hopeful Mayport can benefit from the changes coming, and soon!

Read the full story here: http://jacksonville.com/community/shorelines/2011-03-12/story/mayport-village-stuck-rut-while-progress-picks-around-historic

 

Posted by

Carol Zingone is a full service Broker Associate proudly affiliated with Berkshire Hathaway HomeServices Florida Network Realty in Atlantic Beach, FL.  I help buyers and sellers locally, regionally, and internationally.  With hundreds of happy buyers and sellers over the course of my career, I'm thrilled to help first time buyers, military buyers, seniors, investors, 1031 exchange properties, short sales and REO's.  I have spent hours honing my expertise, including the designations of: Graduate Realtor Institute (GRI), Loss Mitigation Certification (LMC) , Short Sales, Foreclosures, REO's, (SFR), and Senior Real Estate Specialist (SRES).  I pride myself on providing excellent expertise to all buyers and sellers. Search the MLS via www.carolzingone.com  for Jacksonville and area listings!

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Florida Duval County Mayport
Groups:
Realtors®
All Things Florida
Prudential Network
Jacksonville Real Estate Networking
Local Expert
Tags:
condos
mayport
navy
multi use
nuclear carrier
shifting tides of real estate

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,079,379
Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

Carol, I hope the dredging for the nuclear submarine will help with the dredging for the post PanaMac ships.

Sharon

Apr 05, 2011 01:31 PM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
790,129

Carol Zingone

Global Realtor in Jax Beach, FL - ABR, CRS, CIPS
Questions About FL, Beaches Homes? Ask Me!
*
*
*
*
Spam prevention