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SouthEast Development Group

Hope rekindled for Laura Street Trio

Hope rekindled for Laura Street Trio

By Michele Leivas A Philadelphia law firm will be brought in as outside counsel to assist the Jacksonville City Council in crafting legislation for a redevelopment agreement for the Laura Street Trio. The Personnel Committee voted Sept. 17 to retain Ballard Spahr at $625 an hour to help bring the redevelopment agreement across the finish […]

Laura Street Trio: City files foreclosure lawsuit against developer

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, […]

Laura Street Trio Awaits Next Steps

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 […]

SouthEast Development Group Proposes New Plan For Riverfront

SouthEast Development Group Proposes New Plan For Riverfront

SouthEast Development Group has plans for a $2 billion project to revitalize Jacksonville’s downtown riverfront. The proposal called “Riverfront Jacksonville” was recently delivered to the Downtown Investment Authority, the City Council, and the mayor’s office. The plans include fifteen acres of riverfront public park space, over 1,000 multi-family apartments and condominiums, a 208-room hotel, a […]

City Council Approves Laura Street Trio Redevelopment

City Council Approves Laura Street Trio Redevelopment

After decades of neglect and several false starts, The Laura Street Trio is a step closer to being revitalized. The Jacksonville City Council has approved a $24.7 million incentive package with SouthEast Development Group LLC to renovate the Florida Bank Building, the Florida Life Building and the Bisbee Building into a 145-room Marriott Autograph Hotel […]