CLAY COUNTY, Fla. – Boston-based Freehold Capital Management has plans to bring an “Agrihood” community called Saratoga Springs with as many as 4,489 homes to Clay County, according to the Jacksonville Daily Record.
Freehold, a property development company, bought 2,445 acres in Green Cove Springs for the development on Jan. 10 for $70 million.
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The property, east of State Road 23, also called the First Coast Expressway, is bisected by Cathedral Oak Parkway, which is under construction.
According to Freehold Communities, the master-planned development will feature acres of farmland, miles of scenic trails, and robust amenities, all designed to foster a healthy, sustainable lifestyle.
“Residents will enjoy farm-to-table living, with open spaces that encourage outdoor activities and a strong connection to nature. With thoughtfully crafted homes and a vibrant community spirit, Saratoga Springs promises to be a place like no other, where modern living meets the beauty of rural Florida,” according to Freehold Communities.
Read the rest of this story on the Jacksonville Daily Record, a News4JAX news partner.