Sunday Business Notebook: Home sites springing up all over

Developers seem to be getting busier and busier.

KB Home paid $3,696,000 for 59 acres with 168 home sites for its Bartram Creek community on Race Track Road. Prices will begin in the mid-$200s. This is just Phase 1 and KB is planning a total of 468 lots there.

Meanwhile, KB is opening five new communities this summer:

The Crossings at Glen St. Johns, off St. Thomas Island Parkway in St. Johns County, Abby Glen off Sunbeam Road in Mandarin, Angora Bay off County Road 220 in Orange Park, Hillcrest Bluff off Main Street in North Jacksonville and Biscayne Grove off Duval Road and I-295 in North Jacksonville.

Mattamy Homes paid $6.9 million for 42 acres along Bartram Park Boulevard off Race Track Road. It will be an additional phase of Bartram Park Preserve with 219 sites with homes starting in the $170s.

Tamaya, the huge development that broke ground this year at Beach and Kernan boulevards, set a first-year sales goal of 40 homes. But its reaching that by the end of June, a spokesman said. Eventual plans call for 2,400 homes on 780 acres.

FEDERAL

Syndicated Equities, a private real investment firm based in Chicago, has paid $14.2 million for the U.S. Immigration and Customs Enforcement building at 13077 Veveras Drive in Flagler Center. The two-story, 47,000-square-foot building on 3.9 acres was built in 2012.

JTA

Jacksonville Transportation Authority paid $1,875,000 for 10.1 acres with a building at 3191 Armsdale Road, at the southeast corner of the intersection of Lem Turner Road and I-295. It plans to put a park-and-ride facility for its bus rapid transit initiative, a spokesman said. It could also become a satellite facility for Northside community shuttles, he said.

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Sunday Business Notebook: Home sites springing up all over