A comprehensive rezoning request has been sumitted that would pave the way to redevelop the Southside Assembly of God property near the corner of Atlantic Blvd and Kings Ave into a mixed use complex featuring apartments, carriage homes, townhouses and retail uses. Chance Properties of Atlanta seeks to purchase several parcels spanning nearly 7 acres, tear down the existing structures and develop a project preliminarily called San Marco Crossing.
The Southside Assembly of God properties are bounded by Olevia Street and Mitchell Avenue to the north and south, and Kings Ave and the Florida East Coast Railroad line (affectionately referred to as the ‘San Marco train’ by locals) to the east and west. A portion of the properties are now used by the church while other portions of the property assemblage are vacant land. As described in the site plan below, Parcel A will include the construction of apartments and recreation/open spaces, Parcel B will include apartments, townhomes and/or single family dwellings that could include live/work units and Parcel C will include townhomes.
The proposed project will also include a mix of surface parking, bicycle parking facilities, an enclosed parking garage and the potential for attached garages connected to townhomes and/or carriage homes. Although the actual project may (and likely will) include a less intense residential density depending on rezoning approvals and economic considerations, the rezoning proposal seeks to permit up to 331 residential units (no more than 99 single family homes) to be constructed across all sites. Additionally, over 1 acre of the combined site would be developed as recreational space such as playgrounds, pool, cabana/clubhouse, health/exercise facility and pedestrian walkways.
Chance Partners is a real estate development and investment company with offices in Jacksonville, Orlando and Atlanta. The firm specializes in developing, walkable mixed-use projects across the Southeast, including more than 7,500 multifamily units and over 300,000 square fee of urban focused retail space. The company is currently in the process of redeveloping the former Commander Apartments and St Johns Village shopping center in Avondale. That $40 million project called RiverVUE includes the rehabilitation of a high-rise multifamily structure and the construction of townhomes near the intersection of St Johns Avenue and Herschel Street.
Avondale’s RiverVUE mixed use development currently under construction.
Among many multifamily projects developed by Chance Partners, Eclipse on Madison opened in 2016 along Tallahassee’s red hot Gaines Street corridor.
Chance Partners developed the Catalyst apartment complex adjacent to the booming College Town development in Tallahassee.
The company has also revived a local project called Jackson Square thought to be dead during the Great Recession. With a rezoning complete that is more in line with current market conditions, Chance Partners expects to break ground on what is now being called San Marco Promenade. The new reconfiguration will include 286 apartments and up to 10,000 square feet of retail at the new I-95/Philips Highway interchange- just a stone’s throw from the proposed San Marco Crossing.
A rendering of the proposed San Marco Promenade set to break ground in 2018
While some urban neighborhoods like South Shores have slowly become casualties of the I-95 Overland Bridge highway construction, the North San Marco corridor where San Marco Crossing is proposed has become a red hot real estate market. The addition of interstate highway access combined with close proximity to San Marco Square and the St Nicholas Town Center have permanently changed the prospects for the long-blighted corridor. Other nearby projects include the recently constructed Dailys convenience store, a redevelopment proposed for Southgate Plaza, two self-storage facilities proposed by Bee Street Investors Inc and Finley & Shell Properties LLC and Chance Partner’s Jackson Square proposal.
Opened in 2016, Dailys is one of the first of many infill projects that will begin to shape North San Marco’s future.
An informational meeting for the rezoning application (2018-14), is scheduled to be held 4pm on Jan 16th at the Ed Ball Building, 214 N. Hogan St., 3rd Floor Room 3112.