Fort Lauderdale-based BTI Partners announced April 24 it had purchased more than 2,000 acres in West Jacksonville with the intent of developing a master-planned community.
In a news release, the company said it had acquired 2,091 acres at southwest U.S. 301 and Interstate 10 for $53.2 million from 301 Capital Partners LLC.
The site is known as 301 Villages, according to the release, and is approved for up to 2,740 single-family homes. It is about 18.5 miles west of the junction of I-10 and I-95 in Downtown Jacksonville…