Madison Capital, Madison Communities to break ground on St. Augustine apartments backed by Florida Live Local Act

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Madison Capital, Madison Communities to break ground on St. Augustine apartments backed by Florida Live Local Act
HousingSt. Johns County
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Madison Capital Group and Madison Communities are set to break ground on Wednesday for Madison Seagrass, a 278-unit multifamily community planned off State Road 16 in St. Augustine, a project the developers say will include housing set aside under Florida’s Live Local Act.

Madison Capital, Madison Communities to break ground on St. Augustine apartments backed by Florida Live Local Act Read full article: Madison Capital, Madison Communities to break ground on St. Augustine apartments backed by Florida Live Local ActPhoto of attendees at Big: Culture & Arts Festival with festival logo Big: Culture & Arts Festival brings Grammy-nominated hip-hop artists, art, culture to Gainesville this springMadison Seagrass will include six three-story residential buildings, three garage structures, a modern clubhouse and a comprehensive amenities package designed to meet demand for high-quality, well-planned housing in the St.

Augustine area.– Madison Capital Group and Madison Communities are set to break ground on Wednesday for Madison Seagrass, a 278-unit multifamily community planned off State Road 16 in St. Augustine, a project the developers say will include housing set aside under Florida’s Live Local Act. The groundbreaking is scheduled for 11 a.m. Wednesday, March 25, 2026, at 875 FL-16 at the intersection of State Road 16 and Kenton Mountain Road, near the Florida Highway Patrol substation.Madison Seagrass is being promoted as part of the company’s growing development pipeline in high-growth Florida markets. The developers said the project will provide apartments serving the St. Augustine area and the broader Northeast Florida region. About 40% of the units are designated in accordance with the Live Local Act guidelines, which Florida leaders have touted as a way to encourage more affordable housing through tax incentives and development-friendly policies.Madison said the St. Augustine project fits its broader strategy targeting markets with ongoing population growth, in-migration, and expanding employment corridors.Ashley French is a News4JAX reporter who joined the station in January 2026 after reporting in Southwest Florida and East Texas.Friends and family gather to remember 19-year-old who died in motorcycle crash on Buckman BridgeJacksonville mentor known as ‘That Lemonade Lady’ fighting for life after electrical shockFamilies bid farewell as USS Mason heads out for deployment from Naval Station MayportYour next beach day find could change someone’s life. 🌊☀️Nights of Lights dates permanently changed in 3 to 2 voteJSO searching for 21-year-old man accused of fatally shooting 2-year-old at apartment complexFamily identifies 2-year-old boy killed during dispute at Westside apartment complexAnother dry day in Northeast Florida. Here's a Monday weather update.Loved ones mourn 'happy baby' after 2-year-old fatally shot during domestic disputeThe Block Jax owner working on solutions to parking chaos that spilled into neighboring lotsBlind Clay County fourth grader finds new world in Braille booksLoved ones gather to remember Melissa Wood one week after she was killed in Walgreens parking lot

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