Development Updates

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

Current Status: Under Construction
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

Besa Bakery and Tea Room Speakeasy

Current Status: Under Construction
The newest dining concept coming to The Elbow: a modern European-style bakery by day and elevated dessert and cocktail lounge by night, with a refined, full-display bakery counter and cozy tea room speakeasy, a standalone offering in Downtown Jax. The establishment will occupy a 3,590-square-foot space on the ground floor of the Churchwell Lofts building, named for the proprietor who used it to sell dry goods, shoes, and notions beginning in the 1920s. The building was constructed in 1905. Total bakery build-out costs are listed at $550,000 in a DIA term sheet on the project. Besa is receiving $215,000 in public funding through the Downtown Investment Authority, composed of a Retail Enhancement Program Targeted Retail Activation: Food and Beverage Establishments Grant (FAB-REP), and a $15,000 forgivable loan under the Sidewalk Enhancement Grant Program.

Block 9 Mixed-Use

Current Status: Approved
Trevato Development Group plans to build a seven-story, mixed-use development with 293 multifamily units, 7,000 SF of ground-floor retail space and 5,000 SF of coworking space. Investment: $100 million Status: In review

Brooklyn Park

Current Status: Under Construction
Brooklyn Park is located at the intersection of Jackson Street and Spruce Street in the Brooklyn neighborhood. It is directly across the street from the new Lofts at Brooklyn and adjacent to McCoy's Creek. Brooklyn Park improvements will be included as part of the McCoy's Creek Greenway project. Future improvements to the park, in tandem with the McCoy's Creek restoration, include a kayak launch, pedestrian bridge, trails, and general park amenities. Currently, the park includes amenities such as a basketball court, a baseball field, benches, lighting, and trash barrels.

Cathedral Commons

Current Status: Approved
This multi-family development includes 175 apartments across 18 3-story buildings in 5 different architectural styles (contemporary, gable, hip, mid-century, and modern styles).

Cathedral District Apartment Project

Current Status: In Review
Cathedral District Jacksonville will collaborate with Housing Trust Group, LLC to develop an 85-unit, mixed-income apartment community. The community will consist of one- and two- bedroom apartments, as well as 1,200 square feet of ground-floor retail and commercial space.

Central National Bank Building

Current Status: Approved
Augustine Development Group plans to renovate this building, originally built in 1927, at 404 North Julia Street and construct a new, eight-story apartment building with an attached eight-story parking deck. Plans call for the renovation of the former bank into the main lobby of the complex to include an additional 36 residential apartments within the historic structure and add a projected 5,769 square-feet of commercial/retail space on the ground floor, including 3,240 square-feet of leasable space projected to be occupied by a fitness center. The new construction proposes an eight-story residential apartment complex that will provide 103 apartments along with an eight-story parking deck which will provide an estimated 450 parking spaces. Investment: $53.54 million (renovation and new construction) 

Co-Op Frose & Eatery

Current Status: Recently Completed
The first Florida franchise of this popular Charleston based concept. Located in one retail space of the newly renovated First Baptist Convention Center, Co-Op will also utilize half of the patio of the renovated Federal Reserve on the Hogan Street Cycle track. Slated for completion in Fall of 2024.

Daily’s Dash & Bold City Brewery

Current Status: Approved
A mixed-use building combining a Daily's Dash, fuel station and Bold City Brewery bar and restaurant. Dash is a fast-casual, cafe concept that offers a variety of fresh, wholesome, all-natural made-to-order breakfast and lunch sandwiches, salads, desserts and specialty coffee drinks, all made from the highest-quality ingredients. Bold City was the first craft brewery in Jacksonville with its initial location still in Riverside

Dapper D’s Cigars

Current Status: Under Construction
New to The Elbow: Dapper D's Cigars Downtown will transform 11 Ocean St., next to Cowford Chophouse, into a new fast casual restaurant and cigar bar and cocktail lounge. The establishment will receive a grant from the Food and Beverage Retail Enhancement Program Targeted Retail Activation: Food And Beverage Establishments Grant (FAB-REP) in an amount not to exceed $187,620, supporting the build-out of the new concept.