Page 27 - RISE General Overview Booklet 4.19.22

TOWNE GROVE AT CIRTRUS RIDGE

JACKSONVILLE, AL

ROJECT OVERVIEW
UNITS 222
UNIT MIX 2BR, 3BR, 4BR
SIZE 507,162 SF
CONSTRUCTION START December 2021
COMPLETION DATE March 2023
TOTAL COST $58.5 M
ARCHITECT Dwell Design Studio
GC RISE
PROJECT MANAGERS Matt Marshall, Brian Sudduth

PROJECT DESCRIPTION

• 18.5 acre site in Davenport, Florida.

• 222 townhomes with both 2 and 3-story floor plan designs.

• Towne Grove is part of a master planned community & encompasses Class A
townhomes in a Build for Rent business model

• This is a conventional, market-rate development that will attract residents to
the Davenport community

• The two and three-bedroom townhomes each feature a one-car garage,
covered patio, and fenced-in backyard

• Residents will have access to a pool with covered cabanas and a covered
outdoor kitchen, among other Class A other amenities.