This project includes the Historic Renovation of 120 E Forsyth and adding Mathers Social Gathering as the tenant on the second floor. The first floor will be leased at a future date.
The Renovation effort will invest $4.3M with the aid of the DIA Downtown Preservation and Revitalization Program. The Mathers development on the second floor is a $800,000 investment partially aided by the DIA’s Food and Beverage Retail Enhancement Program.
The HUB is a mixed use urban in-fill project designed with two food vendor buildings with walk-up and inside dining that share a covered outdoor seating area and open courtyards along the streets edge. A Design Studio with roof terraces for special events, overlooks the courtyards as well as views to the Downtown skyline and the River.
Developer: CD+urban
Silver Street Management’s development team intends to convert the former funeral home into thirteen apartments and a retail space that could potentially become a restaurant, coffee shop or wine bar. The developer also plans to add a courtyard, swimming pool and parking lot just west of the building.
Total Development Cost: $4.98 million
DIA DPRP incentives approved: $1.25 million
Columbia Ventures proposes a mixed-use development comprised of 342 multi-family units, 428 space integrated parking garage, and 8,394 square feet of retail/restaurant space.
Total Development Cost ~ $109 Million
Bordering the St. Johns River, this boardwalk is usually filled with joggers, tourists, folks sitting on benches, and lovers walking hand-in-hand, all of them watching the riverboats, the shorebirds, and downtown’s skyline reflected in the water. Here you can also find the water taxi dock near Chart House available for kayak launch.
About the Southbank Riverwalk Extension:
Approximately 1,900 feet of new riverfront bulkhead; a top of bank extension of the Southbank Riverwalk (approximately 1,900 linear feet); approximately 1,255 linear feet of new boardwalk; approximately 1,650 linear feet of new overland trail; parks with approximately 820 linear feet of river frontage and related amenities; a new water taxi stop; extensions of existing roadways and new roadways with enhanced sidewalks, enhanced landscaping, bike-lanes and on-street parking; and other facilities
This property was originally constructed in 1909 following the Great Fire of 1901 and is considered one of the most historic properties in downtown Jacksonville for its contribution to the resurgence of the city following the fire, as well as its architecture and continuing structural integrity.
This project includes the use of DIA’s Downtown Preservation and Revitalization Program (DPRP) to bring the property back to more historic standards and other improvements needed to preserve and maintain the integrity of the structure for their continuing operating needs. Improvements begin with window replacement and exterior renovations to better seal the historic structure against weather and elements using techniques approved by the Secretary of the Interior that meet established rehabilitation standards. Future phases will focus on other needs related to Code Compliance requirements to make the property more accessible and functional as part of its growth strategy in the Jacksonville market.
Artea is a four-story urban development designed to meet the high demand for residential living in downtown Jacksonville. Located on four acres at the intersection of Montana Avenue and Broadcast Place, the $75 million, 340-unit, class-A multi-family structure will include studio, one bedroom, and two-bedroom units, a pool, multiple amenity spaces, a rooftop deck for public and private use, and a parking garage artistically-screened in colors that reflect the look and feel of downtown Jacksonville.
In 2015, the City of Jacksonville adopted a revised Community Redevelopment Area (CRA) plan for the Northbank of Downtown, which includes a specific project for the reintroduction of two-way street systems within the Northbank. Subsequent Mobility Plan Updates and other transportation projects have consistently carried forward this directive and funds have been set aside within the CRA to begin implementation.
The return to two way streets and resulting slower speeds are shown to stimulate economic growth and increase property values; facilitate more efficient use of on-street parking and ride share; enhance retail visibility and promote retail occupancy rates and success; improve walkability and increase pedestrian safety and pedestrian activity on the sidewalk; and increase residential demand and perceived quality of life for residents.
Forsyth Street and Adams Street are both identified as streets prioritized within the CRA Plan for two-way conversion. Segments of both streets lie within DIA’s targeted dining districts and their conversion to two-way streets complements other public and private redevelopment efforts.
The design phase of this project is underway.
After a seven-month process, a tremendous amount of public engagement and three outstanding designs, the Perkins&Will design team was named winner of the Riverfront Plaza (FKA The Landing) Design Competition. The winning design – dubbed One Park Jax – boasts a central lawn, a destination play space, a river terrace, a park pavilion building, a hotel and sky garden, which includes outdoor dining options, a bike and pedestrian connection to the Main Street bridge, and an iconic sculpture situated atop civic stairs that is undeniably unique and authentic to Jacksonville.
Two acres of the Riverfront Plaza space will be reserved for development.
To learn more about the Perkins&Will design, visit: https://dia.coj.net/News/Perkins-Will-Wins-Riverfront-Plaza-(FKA-The-Landin.
Investment: To Be Determined
This project includes the development of a multi-family property located on the riverfront of Downtown’s Southbank.
In January of 2023, the City of Jacksonville terminated its redevelopment agreement with Related Development because the developer did not meet performance schedule deadlines in the contract and all extensions allowed under the contract had been provided. This terminates the City’s obligations to pay incentives but does not alter the Developer’s previous approvals of construction plans and they could proceed at any time.
Related Development intends to work with the City/DIA on a new design/proposal for the site, which may include a high-rise design. The DIA expects to receive a new proposal this Spring 2023.
