Preston Hollow Community Capital and Toll Brothers, Inc. recently announced Toll Brothers' purchase of 2.75 acres at PHCC's RiversEdge development in Jacksonville for the development of 40 luxury townhomes. Construction is slated to begin immediately, with sales expected to open in the fall of 2024. Toll Brothers at RiversEdge will offer home buyers the perfect blend of luxury, low-maintenance living and urban convenience.

This community will feature two contemporary four-story home designs, the Atlantic and the Elder, with 2 to 4 bedrooms, 3 baths, and 1,844 to 2,085+ square feet of luxury living space. The homes will also include spectacular rooftop terraces ideal for outdoor living, optional elevators, and an array of designer-appointed features. Located directly on the St.

Johns River in Jacksonville?s Southbank District, the RiversEdge mixed-use development plan includes a riverfront walking/biking trail linked to the City?s Southbank Riverwalk, approximately five acres of City parks, a kayak launch, and extensive pedestrian and bicycle trails. Plans for the development include up to 1,170 residential units, 200 hotel rooms, 200,000 square feet of office space, 288,500 square feet of commercial/retail, and a 125-slip marina.