DPR Construction & Perry-McCall Construction completed the seven-story 250,000 square feet critical care tower that serves as the “new front door” to both Wolfson Children’s Hospital and Baptist Medical Center and offers 75 new neonatal intensive care beds and 26 pediatric intensive care beds.
Investment: $187 million
Status: Completed
Georgia-based Rise Properties LLC is constructing a 247-unit building with first floor retail, rooftop amenities, and a 284-space garage. It will be the first major multifamily residential property in the Sports & Entertainment District.
A feature wall will incorporate materials and architectural features that were found on the original Doro building. The former Forsyth Street right-of-way adjacent to the site is expected to create a destination for outdoor social activities including markets, culture, and entertainment all year around.
While the nearly-completed Rise Doro apartments tragically burned down in January 2024, the project is under construction and on track for a first-phase opening in March 2026.
Investment: $67 million
Status: Under construction
Walk along the Northbank Riverwalk for an amazing view of the St. John’s River. Many city events take place here including the Light Boat Parade, New Year’s Eye Fireworks and many races.
The Northbank Riverwalk is undergoing repairs including: bulkhead repairs, wayfinding signage and the addition of a performing arts activation node.
Gateway Jax purchased the Ambassador Hotel and nearby parcels in March 2025 for $17 million, with plans to transform it into a premier hospitality destination in partnership with the Indigo Road Hospitality Group. The team has begun work to convert the long-vacant, historic Ambassador Hotel into a 105-key hotel with a high-end restaurant and bar, conference space, and other amenities. The plans also include future development of the adjacent historic Central National Bank building and construction of a small parking garage to serve the hotel and Pearl Square.
