Clay County Prepares for Population Boom
Our downtown Jacksonville office space is always ready for change in our city, but is Clay County prepared for the population “boom” that’s coming? In the next decade, the growth of the Clay county population will increase by 46%. This translates to an influx of approximately 100,000 people!
As a result, the Florida Department of Transportation is spending $410 million to expand. Road projects alone will cost $130 million. To expand the system, it will cost another $100 million. However, these large expenses don’t worry the department. J.J. Harris told the Jacksonville Business Journal, “We know the growth is coming.”
Recently, first coast counties neighboring Duval have seen strong growth. Attraction to these counties came from the highly ranked school systems and generous amounts of land. But, vacant land is becoming more and more rare. On the other hand, Clay county has vacant land at affordable rates at the time being. Hence, why developers think the county will attract so many people to the area in the next ten years.
One company, The Parc Group, plans to take advantage of the vacant land before it’s all sold. In August, they purchased 3,241 acres of land in Clay county. They plan to turn the land into smaller communities. The company had success previously in Nocatee (border between St. John’s county and Duval), not too far from our home-base in downtown Jacksonville. Nocatee continues to be one of the nation’s ten fastest selling “master-planned communities” for seven years now. The Clay county commissioner says this emphasizes the confidence they have in the direction Clay county expects to go. The company plans to bring roughly 5,000 homes to the area. This will, hopefully, in turn attract more people, more businesses, hotels, restaurants, etc to the area.
For more information check out the full article on Jacksonville Business Journal’s website.
Our Jacksonville Office Space is Excited to Watch Clay County Develop
Many counties surrounding Duval county, where our Jacksonville office space is located, are continuously developing. The Downtown Duval Building is located in the middle of developing and growing communities. Contact us by calling 904-479-6202 or emailing us today to join the growth of Northeast Florida!