Development Updates

1037 Hendricks Ave

Current Status: Approved
Project includes converting the former Reddi-Arts complex into a mixed-use property to include 13,364 square feet of office and retail space. 39 off-street parking spaces and ample room for outdoor seating will be included throughout the property.

225 Laura Street Apartments

Current Status: In Review
In late 2022, Riverside residents Rafael and Carmen Godwin purchased this property from neighbor and friend Ron Chamblin They propose to restore the property in the same way contemplated by Chamblin - retail or food service on the ground floor with residential on the top two. Originally built in 1904 as two stories, the wood structure was restored and lifted to become 3 floors with a brick facade. The couple received conceptual approval by DDRB in December 2022 and are working through the process of getting it designated a Historic Landmark, which will also lead to funding assistance by the DIA DPRP program. "We are excited to make a difference in our downtown by revitalizing and activating a historic building so close to our city center."

301 W. Bay Garage Expansion

Current Status: In Review
Ten-story structure that expands the current garage to add 500 parking spaces.

Ambassador Hotel and Annex

Current Status: Under Construction
Augustine Development Group purchased five lots totaling 1.5 acres for $5.4 million in July 2018. The group has begun work to convert the long-vacant, historic Ambassador Hotel into a 120-room hotel property with a nationally recognized flag. The phases following include plans for a 200-unit apartment building (known as the Central National Bank building) and parking garage to further benefit the needs of the Independent Life Insurance Building renovation, also underway on the same street. Investment: $17.6 Million

American Lions Jax River View Plaza

Current Status: In Review
American Lions plans to construct a 44-story tower housing 332 apartments, a 7,500 SF restaurant, 330-space parking garage on one acre of the seven-acre Riverfront Plaza. Plans include a sky garden terrace and ground-floor retail. Investment: $166.6 million Status: In review


Current Status: Under Construction
Corner Lot Development Group is constructing a four-story, transit oriented, multi-family property with 340 apartments and 425 parking spaces adjacent to the Skyway system. The development will include three interior courtyard amenities and pool and a community rooftop deck. Approximately 7,100 square feet of leasing/amenity space is proposed for use to host pop up restaurants, smaller farmers markets, social events for residents and guests and will be the primary space that this facility offers for public events. Investment: $93 million Status: Under construction Estimated Completion: Summer 2025

Ashley Square Apartments (Senior Housing)

Current Status: Recently Completed
Ashley Square is a new senior living (62+) residence located in Jacksonville. Ashley Square is a six-story building, with two floors of parking, an amenities area located on the ground level, and four floors consisting of 96 one-bedroom and 24 two-bedroom units totaling 120 units. All apartments are equipped with multiple energy-efficient features, including a kitchen, bathroom(s), and storage closets. Amenities include a clubhouse, on-site laundry, fitness center and free parking. Tampa-based Blue Sky Communities LLC and nonprofit Aging True Community Senior Services recently converted a 1.03-acre parking lot into 96 one-bedroom, 650-square-foot units and 24 two-bedroom, 900-square-foot units. The lot is bordered by Beaver, Ashley and Newnan streets, west of the Stevens Duval Apartments. The site plan also calls for a 160-space, ground-level parking garage with the apartments built above it.

Baptist Health MD Anderson Cancer Center

Current Status: Recently Completed
Beating cancer demands extraordinary expertise, delivered in a highly coordinated and personalized way, to provide the best possible outcomes for each patient. Baptist MD Anderson Cancer Center combines the clinical breakthroughs of the number one cancer center in America and the full resources of North Florida’s largest and most preferred health system. Our world-renowned doctors and team in Jacksonville provide access to the latest clinical trials, innovative technologies, and new targeted therapies, combined with holistic support for every aspect of care including nutritional guidance, genetic counseling, art therapy, physical therapy and yoga.

Bay Street Innovation Corridor & the Ultimate Urban Circulator (U2C)

Current Status: Approved
This collaboration with the Jacksonville Transportation Authority (JTA), City, North Florida TPO, JEA and JAX Chamber will create a national model for the deployment of autonomous vehicles. The existing Skyway will be converted and smart technologies such as dynamic signals, connected intersections, integrated data exchange, pedestrian sensors, flood warning sensors and power consumption reduction will be installed. In August 2021, JTA selected Balfour Beatty Vision 2 Reality (V2R) team to deliver the Bay Street Innovation Corridor project on behalf of the JTA. Investment: $379 Million

Berkman Plaza II

Current Status: Proposed
This development proposes a new construction on a Downtown riverfront site which will include 249 apartments, 40 townhouses, four penthouses and 50,000 SF of first-floor retail with a proposed grocery store and pharmacy following the demolition of a never-completed tower on the site. Investment: $135 Million