ICI's $20M SilverLeaf Bet: 7 Things Buyers Should Know
Posted by Greg DeTullio on
ICI Homes just put almost $20 million into SilverLeaf. On paper, that sounds like a simple land deal. But when you line up the purchase with the actual lot map, a bigger story shows up. ICI appears to have bought every one of the biggest lots in the newest phase of Hidden Creek.
That tells us a lot about where the Johns Island side of SilverLeaf is headed. Here are the seven things we think buyers should understand, including the pros, the cons and one school detail that surprises a lot of families.
1. The Deal: 82 Homesites for $19.8 Million
The Jacksonville Daily Record's weekly list of top commercial sales shows Intervest Construction of Jax Inc. (ICI Homes' company name) paying $19,808,000 in a St. Johns County sale recorded Sept. 7 to…
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