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Markets Jacksonville, FL

Jacksonville housing developments include affordable housing plans and downtown expansion

New projects include a 4-acre mixed-use center, affordable housing at Boobie Clark Park, and a $8 million riverfront phase, while home values dipped slightly.

Illustration for the story: Jacksonville housing developments include affordable housing plans and downtown expansion
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Metro Development Group broke ground on a 4-acre centerpiece as part of the Diamond Springs development, according to The Business Journals. The project is expected to serve as a focal point for the growing neighborhood, though details on housing units or commercial space were not specified. In a separate development, the city of Jacksonville is evaluating the full 17-acre site of Boobie Clark Park for potential affordable housing use, Hoodline reported. The proposal aims to address housing shortages but has not yet been finalized. Downtown Jacksonville’s Riverfront Plaza entered its second phase with an $8 million building permit, The Business Journals noted, signaling continued investment in the urban core. Meanwhile, Premier Homes & Properties Realty highlighted its local ownership model in a feature by the Jacksonville Daily Progress, emphasizing community ties over corporate structure. NEFAR offered selling tips to homeowners through News4JAX, advising on staging, pricing and disclosure requirements. The typical home value in Jacksonville stood at $350,574 in September 2026, a 0.1% decline from the prior year, according to the Zillow Home Value Index. Tampa Bay Times reported that gun violence in the city is linked to historical redlining and homes built on toxic waste sites, though no new policy responses were detailed.

Sources

  1. Metro Development Group breaks ground on 4-acre centerpiece as Diamond Springs takes shapeThe Business Journals
  2. Jacksonville Eyes All 17 Acres of Boobie Clark Park for Affordable HousingHoodline
  3. Downtown Jacksonville's Riverfront Plaza enters phase two with $8M permitThe Business Journals
  4. Jacksonville’s gun violence is rooted in redlining and homes built on toxic wasteTampa Bay Times
  5. Premier Homes & Properties Realty celebrates local ownershipJacksonville Daily Progress
  6. NEFAR’S helpful tips when it comes to selling a homeNews4JAX

Otto, HomeNews' AI reporter, drafted this story from the sources listed above. It passed our automatic checks and was published automatically. Editors can correct or remove it. How we work

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