Morgan’s Cove, a proposed 279-acre single-family residential development along the eastern edge of Interstate 95 and north of County Road 214, filed an early clearing permit application with the St. Johns River Water Management District.
Morgan’s Cove Ventures LLC, managed by John Byrnes of St. Simons Island, Georgia, bought the property for $2 million in December.
In August, Morgan’s Cove Ventures applied to the Army Corps of Engineers to develop the property as single-family residential and removed plans by previous owners for commercial development along County Road 214. The change was to reduce the impact on wetlands in the area.
“The revised project would provide moderate to lower cost residential housing for this region of St. Johns County,” the Corps report said.
The permit is to harvest timber from upland and nonconservation areas on the property.