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PCCP, Bainbridge to Develop 276-Unit Multifamily Community in Jacksonville

Bainbridge-St-Johns-Jacksonville-FL

Bainbridge St. Johns Town Center will feature 276 market-rate apartments spread across 10 three-story buildings in Jacksonville, Fla.

JACKSONVILLE, FLA. — A joint venture between PCCP and The Bainbridge Cos. is developing Bainbridge St. Johns Town Center, a Class A multifamily property in southeast Jacksonville’s Southside submarket. The partnership recently acquired a 17.3-acre parcel for the development.

Situated on a wooded site with a four-acre lake and adjacent golf course and nature trail, Bainbridge St. Johns Town Center will feature 276 market-rate apartments across 10 three-story buildings. The unit breakdown is 102 one-bedroom, 138 two-bedroom and 36 three-bedroom floorplans. Additionally, the community will feature 442 surface parking spaces and 36 detached garages.

This is PCCP’s first transaction with Bainbridge, a full-service estate company that develops, owns and manages multifamily communities across the eastern United States.

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