Ceiba Groupe Plans ‘Royal Palms Main Street’ in Jacksonville, FL
Royal Palms Main Street
Fort Lauderdale-based Ceiba Groupe is planning an innovative residential development in Northern Florida. The project, named Royal Palms Main Street, will feature 227 residential units, consisting of a blend of build-to-rent homes and traditional multi-family units.
According to the Jacksonville Business Journal, the development will encompass a total of 10 buildings, five of which currently have permits pending approval. Specifically, buildings two, three, and eight are planned as four-story structures containing 56 units each. Buildings six and 10 will comprise nine units each, while the remaining residences will be distributed among various two-story buildings.
Community amenities at Royal Palms Main Street will include a swimming pool, clubhouse, storage facilities, and recreational spaces. The total projected cost for this development exceeds $40 million, with permitting accounting for approximately half of this investment.
Fort Lauderdale-based Ceiba Groupe is planning an innovative residential development in Northern Florida. The project, named Royal Palms Main Street, will feature 227 residential units, consisting of a blend of build-to-rent homes and traditional multi-family units.
According to the Jacksonville Business Journal, the development will encompass a total of 10 buildings, five of which currently have permits pending approval. Specifically, buildings two, three, and eight are planned as four-story structures containing 56 units each. Buildings six and 10 will comprise nine units each, while the remaining residences will be distributed among various two-story buildings.
Community amenities at Royal Palms Main Street will include a swimming pool, clubhouse, storage facilities, and recreational spaces. The total projected cost for this development exceeds $40 million, with permitting accounting for approximately half of this investment.
