St. Johns County, Fla.
Rendina Healthcare Real Estate, a nationwide real estate developer for hospitals, health systems and physician groups, has partnered with Twin Creeks Development Associates to develop a 60,000-square-foot medical office building as part of the Beachwalk master-planned community in northern St. Johns County, located approximately 20 miles southeast of Jacksonville. The medical office building will include various services and specialties from area healthcare providers, offering convenient medical care for the residents of Beachwalk and the surrounding communities.
Beachwalk is a 1,200-acre master-planned community centered around a 14-acre, man-made Crystal Lagoon – currently the largest in the United States.
Beachwalk is expected to have 2,800 single family residential units and 348 apartments – the first of which sold in 2017 with sales increasing through 2018 and 2019. Construction on the retail space is expected to commence in early 2020.
St. Johns County continues to experience major economic and population growth. The population grew 28 percent from 2010 to 2017, making St. Johns one of the fastest growing counties in the country. Its top-rated school district and low unemployment have attracted transplants from across the nation. The population growth and compelling economics have spurred investment from developers across all real estate asset classes.
