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Recap: Bisnow Conference in Jacksonville, FL
Are you ready? The Jacksonville, Florida real estate market is about to boom!
Our founder, Chris Bicho, had the opportunity to sit down with Bisnow after participating in a recent construction & development panel to discuss our organization's small part in shaping the future of Jacksonville.
'While interest rate hikes and rising construction costs have halted many projects nationwide, Jacksonville, Florida, has seen steady growth that doesn't appear ready to stop anytime soon. To revitalize downtown Jacksonville, $8B in construction projects are in the pipeline, an increase of $5B from last year that shows bold investor confidence in the Bold City.
Landings Real Estate Group, a private development and investment firm, understands the market potential of Florida's most populous city, where it has been building for more than a decade.'
When asked how LREG will help shape Jacksonville's growth, Chris replied:
'After 12 years in the market, Landings has had the benefit of forming great relationships with the real estate community. After being labeled a 'Yankee' from the North in jest upon arrival back in 2012, the real estate community has been welcoming to firms like ours looking to acquire and invest in assets in the Jacksonville market. Our influence has been as a cheerleader nationally as we discuss the investment opportunities for pension funds, family offices and other equity in the Jacksonville MSA.'
What does the future look like for LREG? We plan to continue to grow in Jacksonville, tracking down acquisitions and developing when the timing and opportunity is right. We're excited for the redevelopment of the downtown area, like the renovations to EverBank Stadium.
We will be watching this space, and we recommend you do, too!
Sign up for a free Bisnow account and view the full conversation here:
Check out the largest new and ongoing Jacksonville development projects here:
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