Four Seasons has begun sales of 26 private residences in Jacksonville, Florida, with entry pricing at $4.7 million, expanding the luxury residential platform into a secondary market.
ReadingFour Seasons is mining secondary markets for UHNW buyers who want the plaque more than the view. Jacksonville will tell the market whether branded residences work outside gateway cities.
WatchFour Seasons announces a third residential program in a tier-2 city. If it closes within 30 months, the model scales. If it extends, the brand has hit its limit.