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Impact
So what? What real difference
have we made for the people who live and work
here?
Consider the following:
- Our first house in this
community appraised for $70,000. Today, our
homes are appraising at $130,000 and above.
The increase of nearly forty-three percent has
resulted in higher property values for homeowners
near our projects and for the community as a
whole. Imagine if every house in our community
increased in value by $30,000–the collective
home value in our community would be over $70
million more than it is today! Imagine what
that would do for residents of this community,
not to mention the City
of Jacksonville.
- When we first began
our work here, no comprehensive plan governed
the development of this community. By working
with the City of Jacksonville, we have facilitated
the adoption of a Neighborhood Action Plan that
has made our community a priority for future
public investment. Over the last 6 years
alone, we have secured commitments for over
$1.5 million in public investment. We have leveraged that with over 5 million in private funding
- Most import, however,
is the way that community pride has grown. Just
look at what we have done to transform individual
properties in our neighborhood.
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Future
Developments
In 2003, NJCDC acquired
over 2.3 acres of land near Golfair Boulevard
on the northern edge of our community. Our vision
for this land is to create Golfair Estates, the
first new construction subdivision in our community
in over fifty years. We plan for an attractive
mix of split-level models, ranch, style homes,
and houses with garages, all with prices affordable
to working families. Golfair Estates will transform
one of the most visible corners of our community
from vacant overgrown land to a small, close-knit
community fo new homeowners.
When it is complete, Golfair
Estates will be composed of fifteen new homes
on an attractive cul-de-sac, with park space for
kids and their families. Over the last two years,
we have worked to make this over $2.5 million
project a reality by talking to the community
about what kind of houses they want to see here,
lining up support from our lenders and funders,
and securing approvals from appropriate government
entities to build our new subdivisions. We are
currently in the early planning stages for a second
subdivision, large-scale commercial developments,
and other activities. I-95 to the East, US-1 to
the West, Kings Rd. to the South, and the railroad
tracks North of Golfair Blvd. We believe that
Golfair Estates will be the first of many catalytic
projects that will transform the market and the
entire community.
Our Target area includes,
The 29th and Chase Neighborhood, Durkeeville,
as well as Grand Park.
See map
for closer view of the area.
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