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Developer Peter Collins Shares Inspiration and Vision for The Palazzo on St. Johns

Palazzo Model Interior 009 MLS
Palazzo Model Living Room


The Palazzo on St. Johns, a new waterfront condominium community in the Southside area of Jacksonville, has been attracting both local and out-of-town buyers with its convenient location and breathtaking river and marsh-front views. Developer Peter Collins, Co-founder and Managing Principal of Forge Capital Partners, shared his thoughts on the company’s vision in a recent Q&A:

  • What was Forge Capital Partners’ vision when developing The Palazzo?
  • It’s a little known fact that I lived in Jacksonville for about five years right down the street from The Palazzo, so I am very familiar with this part of town. Between the natural amenities and how close this development is to downtown, we could see the potential for people who did not want a house but who wanted to live in this semi-urban environment. It has turned out even better that we expected. It is one thing to see a picture on paper, but when you are able to walk out on the dock, sit on a terrace, and see it, feel it and touch it, you realize what an incredible community this is.

  • How does The Palazzo compare to other properties that the company has developed?
  • Between the amenities, the marina, and the features in the homes, this is the most upscale project we have ever done. Yet it is still amazingly affordable. We are able to pass along some of the savings to the buyer that we got when we purchased the property.

  • Why are you offering a customization package on homes in Buildings 3 and 4?
  • When we purchased The Palazzo, we had few options with Buildings 1 and 2 because some of the construction had already been done. With Buildings 3 and 4, we saw a wonderful opportunity to offer buyers the chance to essentially custom-design their residence. For a limited time, on contracts written before June 1 (because this type of customization will no longer be possible after construction is underway), we are offering a $5,000 credit towards the architects’ fees for those buyers who want a unique design – within the footprint of the original unit. This also includes the chance to combine residences to increase square footage.

  • What has been the biggest surprise about this project?
  • The sense of community that residents have realized at The Palazzo has been a pleasant surprise. They have truly bonded with each other, and it has been wonderful to see people having get-togethers at the pool and at homes and the way people look out for each other. They have even held parties for prospective buyers to introduce them around and show them homes.

    Priced from the low $400,000s and ranging from just under 2,000 square feet to more than 2,500 square feet, condominium homes at The Palazzo are available with three or four bedrooms and feature private elevators, hand-scraped wood floors, nine foot ceilings, gas fireplaces and luxury kitchen and bath finishes. Each residence offers breathtaking waterfront vistas and preserve views. The community also has an entry gate with controlled community access, private parking garage, an electric vehicle charging station and state-of-the-art fitness center.

    For more information about The Palazzo on St. Johns, visitwww.PalazzoOnStJohns.com or call (904) 627-4762. The Palazzo on St. Johns is located at 3958 Baymeadows Road, Jacksonville, Fla. and its Sales Center is open 11 a.m. to 5 p.m. Monday to Saturday and noon to 5 p.m. Sunday.

    Exclusively Customize Condominium Space at The Palazzo on St. Johns

    Palazzo Model Interior 004 MLS

    The Palazzo Model Livingroom
    There are few opportunities to own new waterfront condominiums in the heart of Jacksonville’s most popular areas. The Palazzo on St. Johns, a unique new luxury community with unparalleled waterfront and marsh views, has been sought after by buyers who are looking for a peaceful, amenity-filled lifestyle in one of the most convenient parts of the city.

    For just a few more weeks, until June 1, buyers who purchase a condominium in Phase 3 or Phase 4 of the community have a unique opportunity to further customize their living space – and to receive a $5,000 bonus to apply towards architectural fees. This allows for such things as combining residences to achieve more square footage and putting a signature stamp on the layout of a residence.

    “Our residents in The Palazzo love living in the community, and they often rave about the custom touches in their homes,” said Michael Bugg, Principal, The Condo Group Florida.  “This is a once-in-a lifetime opportunity for our buyers, to be able to customize a home personally before the buildings are completed. I would encourage buyers to come visit our models and talk to us about what they would like to see in their residence.”

    Three-bedroom homes at The Palazzo on St. Johns start in the low $400,000s and include up to 1,972 square feet of total living space. Four-bedroom homes start at $439,900 and include up to 2,541 square feet of total living space.

    Residences feature private elevators, hand-scraped wood floors, nine-foot ceilings, gas fireplaces and luxury kitchen and bath finishes. Each residence offers breathtaking waterfront vistas and preserve views.

    Kayak-1-e1464012574336

    Canoe and Kayak Launch
    Community amenities include a beautiful resort-style pool and summer kitchen, a private marina with boat slips and a canoe/kayak launch. The community also has an entry gate with controlled community access, a private parking garage, an electric vehicle charging station and a state-of-the-art fitness center.

    The Palazzo is conveniently located in the Southside/Baymeadows area of Jacksonville – with easy access to downtown, the Beaches and other parts of the city. Residents adore being within walking distance to shops and restaurants and a short drive from I-95 and many of Jacksonville’s finest attractions, cultural sites, entertainment venues and medical facilities.

    The Condo Group Florida, powered by RE/MAX WaterMarke, is managing sales and marketing activities for The Palazzo on St. Johns. For more information about The Palazzo on St. Johns, visit www.PalazzoOnStJohns.comor call (904) 627-4762. The Palazzo on St. Johns is located at 3958 Baymeadows Road, Jacksonville, Fla. and its Sales Center is open 11 a.m. to 5 p.m. Monday to Saturday and noon to 5 p.m. Sunday.

    The Palazzo on St. Johns is an Ideal Opportunity for “Rightsizing”

    Palazzo Model Interior 004 MLS

    Beautiful Model Livingroom
    Rightsizing is a new word in real estate – and one that perfectly captures the need of many homeowners to find an appropriate space for their lifestyle and budget. An upscale condominium, like the new residences at The Palazzo on St. Johns, offers an ideal opportunity for buyers wishing to change the size of their space, without sacrificing the amenities and features they need and want.

    “The word ‘rightsizing’ is a good description of what is happening in the market – it speaks to an industry shift that we are noticing, particularly among homeowners who are experiencing major life transitions,” said Michael Bugg, Principal, The Condo Group LLC. The Condo Group is managing sales and marketing activities for The Palazzo on St. Johns.  “When homeowners rightsize, they often do so to effect a financial, work-related or lifestyle change.”

    Many residents of The Palazzo discovered this special community after imagining what they wanted their life to be like in the future. They chose waterfront views, cool breezes blowing in on the covered terrace, cookouts with neighbors at the resort-style pool and summer kitchen, and boat trips from the marina. These experiences, and more, are combined with a lock-and-leave lifestyle at The Palazzo.

    “The beauty of The Palazzo is that it has everything a homeowner could want in a luxury residence, but with the benefits of low-maintenance living in a unique waterfront setting,” said Bugg.

    Three-bedroom homes at The Palazzo on St. Johns start in the low $400,000s and include up to 1,972 square feet of total living space. Four-bedroom homes start at $439,900 and include up to 2,541 square feet of total living space.

    Residences feature private elevators, hand-scraped wood floors, nine-foot ceilings, gas fireplaces and luxury kitchen and bath finishes. Each residence offers breathtaking waterfront vistas and preserve views. The community also has an entry gate with controlled community access, a private parking garage, an electric vehicle charging station and a state-of-the-art fitness center. Residents also enjoy a resort-style pool and summer kitchen, a private marina with boat slips and a canoe/kayak launch.

    Nearly all of The Palazzo’s Phase 1 residences have been sold, Phase 2 is now open for sale and pre-sales have begun for Phases 3 and 4. There are two beautiful model homes for potential buyers to tour.

    Palazzo Model Interior 027 MLS

    Stunning Waterfront Views

    For a limited time, buyers who purchase in Phase 3 or 4 have expanded customization options – including the ability to combine residences to increase square footage. Each buyer who purchases before June 1 will receive a $5,000 credit toward the architect’s fees for customization.

    The Palazzo is located within walking distance of shops and restaurants and is a short drive from I-95 and many of Jacksonville’s finest attractions, cultural sites, entertainment venues and medical facilities.

    For more information about The Palazzo on St. Johns, visitwww.PalazzoOnStJohns.com or call (904) 627-4762. The Palazzo on St. Johns is located at 3958 Baymeadows Road, Jacksonville, Fla. and its Sales Center is open 11 a.m. to 5 p.m. Monday to Saturday and noon to 5 p.m. Sunday.

    Unique Condominium Concept Attracts Residents to The Palazzo on St. Johns

    Palazzo-pool-overview-e1458652252304Robin Rein and her husband Sonny were living in a large house in the Southside area of Jacksonville when they began thinking about “rightsizing” – finding a space more suited to their current needs. The couple had watched a building site across the street from their neighborhood with interest for several years. As the waterfront condominium complex began to take on new life as The Palazzo on St Johns, Rein decided to take an official look.

    “We toured The Palazzo while the first building was still under construction and put a deposit down right away,” said Rein. “This is such a unique concept, and so rare to have new construction in this amazing location.”

    The couple fell in love with The Palazzo for a number of reasons – among them the beautiful waterfront setting, convenient access to shops and restaurants and prime location in the heart of Jacksonville.

    The Reins purchased a penthouse home at The Palazzo, which has stunning views of the St Johns River, Goodby’s Creek and a large Cypress reserve. Watching wildlife and boating activity from their windows and patio is “wonderful entertainment,” said Rein.

    Priced from the low $400,000s and ranging from just under 2,000 square feet to more than 3,200 square feet, condominium homes at The Palazzo are available with three or four bedrooms and feature private elevators, hand-scraped wood floors, nine foot ceilings, gas fireplaces and luxury kitchen and bath finishes. The community also has an entry gate with controlled community access, a private parking garage and an electric vehicle charging station. There are only a few homes remaining in Phase 1 ready for immediate move-in, including one penthouse residence.


    Rein-Photo-e1458583542741Robin Rein

    The Reins customized their penthouse in a number of ways, adding special touches to the kitchen and home layout. They also appreciated the standard amenities that are included in every home in The Palazzo, including granite finishes, GE appliance packages and private elevators, and have been very impressed with the soundproofing and privacy of the building structures.

    “We absolutely love our home, and for what you get in this community, we feel it is a tremendous value,” said Rein. “Neighbors in the community are close. We regularly hold get-togethers at the beautiful community pool and summer kitchen.”

    Having already lived in the area before purchasing a home at The Palazzo, the Reins are particularly appreciative of the convenient location.

    “I think of this area as the hub of a wheel – you are in the middle of downtown, the beaches, Mandarin, and the other side of the river,” said Rein. “We have great access to most areas of the city in just a few minutes.”

    Phase 2 of The Palazzo is now open for sales and features two new fully-decorated model homes. The developer recently introduced a limited time offer to customize condominiums in Phases 3 and 4. The community is a short drive from I-95 and many of Jacksonville’s finest attractions, cultural sites, medical facilities and entertainment venues.

    “We have beautiful models for buyers to visit, and I encourage everyone to come experience the peacefulness and beauty of living at The Palazzo,” said Michael Bugg, Principal, The Condo Group. The Condo Group is managing sales and marketing activities for The Palazzo on St. Johns.

    For more information about The Palazzo on St. Johns, visit www.PalazzoOnStJohns.com or call (904) 627-4762. The Palazzo on St. Johns is located at 3958 Baymeadows Road, Jacksonville, Fla. and its Sales Center is open 11 a.m. to 5 p.m. Monday to Friday, 10 a.m. to 5 p.m. Saturday and noon to 5 p.m. Sunday.

    © 2016 The Palazzo on St. Johns • 3958 Baymeadows Road • Jacksonville, Florida 32217 • 904.627.4762

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