Originally completed in 1955, once Florida’s tallest building, the Independent Life building stands at 233 West Duval Street in Jacksonville, Florida’s bustling downtown area. Axis has acquired the designated Historic Landmark; their plans will reinvigorate the building, where residents will enjoy access to modern amenities including a rooftop infinity pool, sky lounge, grocery story, and more.
Axis has acquired the Independent Life building in Jacksonville, Florida. Built in 1955, the 180,000-square-foot, 19-story structure will be transformed into a 135 unit amenity-rich community.
Conveniently located in the heart of downtown Jacksonville, the new Independent Life building combines luxury living with easy access to shopping, dining, and work. Investors will enjoy 20% returns, taking advantage of the area’s highly profitable, high-income, predominately white-collar demographic.
A $30M investment to transform the Independent Life Building from modernist office space to luxury living.Axis will transform the building from a minimalistic modernist office space into luxury living with a 30 million dollar investment. Residents of the 135 units will also enjoy access to 21,000 square foot grocery store, and the rooftop pool, lounge, and 10,000 square foot restaurant.
Axis invests in acquiring, improving, and managing residential real estate, focusing on positively impacting and providing affordable workforce housing in markets with solid foundations and a strong propensity for growth. Our main focuses are: Multi-family markets, industrial markets, hospitality markets, and residential markets. Get started investing with us today to protect your financial future!
