DIA to consider ‘optimal use’ of riverfront East Landing site
By Michele Leivas Due diligence could take a year, cost up to $950,000 The Downtown Investment Authority plans to spend up to a year conducting due diligence on the city-owned riverfront East Landing site before considering its future development. DIA Director of Operations Guy Parola informed the board it could cost up to $950,000 and […]
Laura Street Trio: City files foreclosure lawsuit against developer
By Michele Leivas The Laura Street Trio continues to face an uncertain future, following a foreclosure lawsuit filed by the city against developer and property owner Steve Atkins. Filed Aug. 19, the lawsuit alleges the developer has allowed more than $800,000 in administrative fines for code violations to accrue since October 2015. In a statement, […]
Carlucci legislation spurs closer look at zoning overlays
The city’s planning and development department is taking a closer look at how zoning overlays are created following a public meeting held by At Large Group 4 City Councilmember Matt Carlucci last month. Held July 18 at City Hall, the meeting was spurred by legislation Carlucci introduced in May following the approval of the controversial […]
Rising from the ashes
DIA approves $15.45 million incentive package for RISE Doro The Downtown Investment Authority (DIA) has approved a multimillion-dollar incentive package for the RISE Doro project as the developer prepares to rebuild the luxury apartment complex that went up in flames earlier this year. Acting in its capacity as the Northbank Community Redevelopment Agency, the DIA […]
Making a Splash
After three years, the Friendship Fountain along downtown’s Southbank has finally reopened. The city unveiled the updated, state-of-the-art entertainment fountain during the Sip and Stroll on Feb. 15. The 500,000-gallon fountain features a programmed light and water show with the river and city skyline as its backdrop. “When you picture Jacksonville in your mind, it’s […]
Laura Street Trio Awaits Next Steps
Historic properties require unique financing The future of the Laura Street Trio remains in limbo as parties return to the drawing board to settle on a redevelopment agreement to help fund its adaptive reuse and restoration. New year, new deal At a Committee of the Whole meeting on Jan. 4, representatives from the development team […]
Bay Street Staging Area Tees Up Park Street Road Diet
The Downtown Investment Authority (DIA) Board gave its unanimous approval at a Jan. 17 board meeting to temporarily lease an estimated two-acre parcel of land on Bay Street for JEA to use as a construction easement for one year. The parcel would be used as a staging area for the installation of chilled water lines […]
Bisnow hosts “Jacksonville State of the Market”
Expert panelists discuss factors in Jacksonville’s commercial real estate A panel of commercial real estate experts spoke on several industry topics at the Jacksonville State of the Market event on Wednesday, March 15. The event was hosted by Bisnow, a worldwide business-to-business platform for the commercial real estate industry, and held at The River Club […]
