American Landmark Apartments

American Landmark Apartments, one of the nation’s leading multifamily owner-operators, has acquired Rosemont St. Johns, a 420-unit apartment community in Jacksonville, Florida. Built in 2007, the property will be rebranded under the American Landmark portfolio and marks a strategic addition to the firm’s growing presence across Florida. The acquisition reflects American Landmark’s confidence in Jacksonville’s surging multifamily market. “Rosemont St. Johns represents an exciting opportunity to expand our footprint in one of Florida’s fastest-growing cities,” said Christine DeFilippis, Chief Investment Officer at American Landmark Apartments. “Jacksonville’s consistently strong job growth, expanding population, and reputation as one of the most affordable large metros in Florida make it a compelling market for long-term investment. The property’s strategic location and premium amenities position Rosemont St. Johns as a compelling addition to our portfolio.” Situated at 12310 Seacrest Lane, Rosemont St. Johns offers a vibrant living environment with thoughtfully designed one-, two-, and three-bedroom residences featuring spacious floor plans and modern finishes. Community amenities include a resort-style swimming pool with expansive sundeck, a stylish clubhouse with resident lounge and entertainment kitchen, a 24-hour fitness center, outdoor grilling and picnic areas, and a dedicated dog park, all of which are designed to deliver comfort, convenience, and a sense of community. The property’s prime location in Jacksonville’s Southside submarket provides direct access to major employment hubs, retail corridors, and lifestyle destinations. With proximity to the University of North Florida, St. Johns Town Center, and Jacksonville Beach, Rosemont St. Johns offers residents the ideal blend of suburban tranquility and urban accessibility. This acquisition underscores American Landmark’s strategy of targeting high-growth Sunbelt markets where strong demographics, affordability, and lifestyle amenities continue to fuel multifamily demand. For more information on American Landmark, please visit http://www.alapts.com/. z To read more on this artice, visit citybiz here .

The Legend will be one of three properties in San Antonio that will be part of American Landmark Apartments' Educator-in-Residence pilot program.

American Landmark Apartments (“American Landmark”), one of the nation’s top apartment owners and operators, and BH Group, a Miami-based real estate investment firm, celebrated the groundbreaking of The Current at City Center, a 350-unit apartment community located on the site of Southland Mall in the southern Miami-Dade Town of Cutler Bay. The residences mark the beginning of a seven-year, multi-phase, $1.5 billion buildout of the mall into Southplace City Center, a dynamic mixed-use development that will redefine the landscape of southern Miami-Dade County. Part of a large-scale project that will bring approximately 5,000 market rate apartments and condominium residences, the eight-story Current at City Center will include 24,000 square feet of ground retail and a new parking garage. Presidente Supermarkets, one of the country’s largest Hispanic-owned grocery chains, will occupy the entirety of the building’s ground floor retail and will have a one-of-a-kind design that aligns with the overall vision and strategy of Southplace City Center. “This groundbreaking is a crucial step in fulfilling our goal of creating a more vibrant and connected community in Cutler Bay and all of southern Miami-Dade County,” said Joe Lubeck, CEO of American Landmark. “As we break ground on The Current at City Center and Southplace City Center as a whole, we envision a focal point for the area where residents have a true live-work-play option that satisfies the growing need for housing, updated retail, communal spaces, casual and high-end dining, and much more. We are thankful for the collaborative efforts of Miami-Dade County and the Town of Cutler Bay as they share their passion for the economic growth and modernization of this area.” “With The Current at City Center now underway, this groundbreaking marks the beginning of a new era for Miami-Dade County,” added Isaac Toledano, Founder and CEO of BH Group. “This is only the beginning of what will become one of the area’s most transformative developments bringing greater economic opportunity, innovation, and inspiration for what can be accomplished in this exceptional community.” Located at 20505 S Dixie Hwy, The Current at City Center will deliver modern, upscale residences designed to meet the growing demand for high-quality housing in Miami-Dade County. The new development will feature 350 apartment homes along with a comprehensive array of luxury amenities including a resort-style pool, state-of-the-art fitness center, resident lounge, dog park, and lush outdoor gathering areas. The transformation of Southland Mall into Southplace City Center will introduce more than 5,000 market rate residential units, 500,000 square feet of retail, dining, and entertainment space, a 60,000-square-foot medical center, a 150-key hotel, and extensive green spaces. The project will be adjacent to Miami-Dade County’s new Bus Rapid Transit (BRT) system, enhancing regional connectivity and accessibility. Developed by American Landmark in partnership with BH Group, Southplace City Center is expected to generate approximately 3,000 new jobs during construction and $44 million in revenue within its first five years with 2,000 permanent jobs thereafter, reinforcing Culter Bay’s position as a key hub for residential and commercial growth. The 100-acre property will feature a reimagined retail center with direct storefront access, improved parking, and a dedicated community space for events such as concerts and farmers’ markets. Current major retailers include Macy’s, JCPenney, Regal Cinemas, Florida Technical College, TJ Maxx, Old Navy, DSW, ROSS Dress for Less, LA Fitness, Five Below, Olive Garden, Buffalo Wild Wings, and Applebee’s. The retail, design, and construction team for Southplace City Center includes Urban Retail Properties, LLC, MSA Architects, RSP Architects and general contractor American Engineering & Development Corp. Construction of The Current at City Center is expected to be completed by Q3 2027. #thatscommunitynews #communitynewspapers #miamidade #miamidadecounty #thatscommunity #miamicommunitynews #coralgables #palmettobay #southmiami #doral #aventura #pinecrest #kendall #broward #biscaynebay

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The apartment owner was able to secure lower insurance than its competitors, which helped it purchase the waterfront property.