Rendering of the Vista Brooklyn building on Riverside Avenue.
One common criticism of the types of new residential developments going up in Jacksonville’s Urban Core and other built-out neighborhoods is the cost of the units. For instance, Downtown Jacksonville’s Brooklyn district has been dominated by so-called “luxury” apartment buildings for more than 10 years. Today, little is left of the historically African-American neighborhood that’s now home to apartment highrises and office towers.
According to data from Rent Cafe, average rent in Brooklyn is now $1610 a month, pretty steep for a city where the average rent is $1454 a month. Luxury apartments routinely rent for $2000 a month or more. But how does it compare to nearby neighborhoods?
Just up the street, Riverside is characterized by a mix of architecture ranging from single-family homes to apartments and plenty of missing middle housing in between. One of Jacksonville’s most dynamic neighborhoods, in the 1960s Riverside’s affordable prices made the neighborhood an enclave for bohemians, musicians and the LGBTQ community. While Riverside has seen substantially less new construction, let alone luxury apartments, than Brooklyn, its prices are also climbing. Today, the average rent is $1493, above the city average and around $100 a month cheaper than Brooklyn. Other formerly more affordable neighborhoods in the area like Murray Hill and Lake Shore are also seeing their rents climb.
The Vista Brooklyn on Riverside Avenue. Despite its luxury branding, it is very much like many other apartment developments across the city.
In other words, prices are spiking in these desirable neighborhoods regardless of the presence of “luxury” apartments. This is because “luxury,” in the sense used by developers and realtors, is just a marketing term with no fixed meaning. In the Vista Brooklyn development, for instance, “luxury” can mean a palatial $2700/month suite or a $1500/month studio apartment – both are available in the same complex, as are others that are within reach of many Jacksonville families. Meanwhile, in San Marco, the “luxury” Barlow Apartments and San Marco Promenade feature some of the least expensive rents to be found anywhere in increasingly pricy San Marco.
These apartments are nice, to be sure, but functionally they aren’t much different than others you can find at various price points across Jacksonville. At the end of the day, the price is dictated by what people are willing to pay for the apartment, not its ostensible luxuriousness.
The Barlow Apartments in San Marco.
As urban planner M. Nolan Gray argued in The Atlantic, adding “luxury? housing adds to the overall supply, helping to take some of the pressure off of housing prices in a local area. The current housing crisis and spiking prices aren’t the result of an overabundance of luxury housing, they’re the result of too little housing of all types to meet demand.
In some cases, concern over new apartments has led them to be altered significantly or even canceled. In San Marco, some concerned neighbors pushed back on Park Place at San Marco, a new apartment development built on property sold by South Jacksonville Presbyterian Church on the eastern end of San Marco Square. As a result, the developer altered their plans, reducing the number of apartments. In Neptune Beach, some residents fought a project that would have replaced an obsolete strip mall once anchored by a Kmart with a mixed-use development including apartments and retail within walking distance of the Beaches Town Center. In that case, the developer axed the apartment element in favor of a hotel.
In both these cases, the size of the developments were key reasons for the pushback. But now, with housing prices at crisis levels across Jacksonville, the concern seems short-sighted. Jacksonville, like all of Florida, is well on its way to becoming an unaffordable place to live, and it’s happening because there are too few available homes, not too many.
The former Independent Life Building in Downtown Jacksonville is being renovated as apartments. Converting obsolete office space into housing is one affordable way to add new units and fight the housing crisis.
That isn’t to say Jacksonville leaders should just rubber-stamp every new development that comes across their desks. Civic leaders can both take on the housing crisis and implement smart planning, and some of that involves changing the way we do things.
We can demand better design for the projects we do approve. We can pressure our state legislature to end raids on the affordable housing trust. We can remove legal barriers to building duplexes, urban townhomes, garage apartments and other forms of missing middle housing. And we can invest in restoring historic buildings and infilling neighborhoods to add new housing at lower cost. There’s no reason Jacksonville can’t have both an affordable cost of living and smart planning.
Editorial by Bill Delaney. Contact Bill at email@example.com.
Bill Delaney’s new book Secret Jacksonville, a Guide to the Weird, Wonderful, and Obscure is out. Order a signed copy at thejaxsonmag.com/books.