Conceptual approval granted for mixed-use Brooklyn development
Jacksonville’s Downtown Development Review Board (DDRB) has given conceptual approval for a new mixed-use development at 390 Park Street in Brooklyn featuring a five-story apartment complex with 341 units and a two-story parking deck with retail and restaurant space.
Atlanta-based Columbia Ventures LLC is the developer for this project, returning to Jacksonville a second time with its proposal for the Brooklyn development. In 2018, it first acquired the Union Terminal Warehouse at 700 Union Street and plans to transform into “a vibrant multi-family anchored mixed-use community,” according to its website.
“We continue to move forward planning our project for Brooklyn and incorporating the comments of the DDRB from last week into a more advanced design,” said Columbia Ventures Managing Partner Dillon Baynes in an e-mail.
Also involved with this development are Kimley-Horn and Atlanta-based Studio Architects.
According to its website, Columbia Ventures acquired the 13 parcels of land upon which the development will be built in November 2021. The residential complex will feature several “attractive amenities for tenants,” including “an elevated amenity deck with a resort style pool, club room, fitness center, shared office spaces, a pet spa, dog park and skylounge.
Bounded by Price Street to the north, Forest Street to the south, Park Street to the east and Spruce Street to the west, Baynes explained the development would also feature public art and outdoor space, with “several retail spaces along Park and Forest [streets].”
“What’s happening in Brooklyn is amazing–we are fortunate to be a part of this,” he added in his e-mail.
According to transcripts from the DDRB meeting on May 12, Columbia Ventures Development Manager Ryan Akin said, “The project has benefitted greatly from early guidance and insight from the [Downtown Investment Authority] staff and we come to [the DDRB] in hopes that we’ve aligned the project well with the goals of downtown.”
At this time, Columbia Ventures has not submitted any paperwork or requests to the Downtown Investment Authority (DIA) for incentives for the development.
“Should they choose to come to the DIA and request incentives, they would need to meet with staff to ensure they qualify for said incentives,” DIA Marketing and Communications Specialist Ina Menzini explained in an e-mail. “Any potential deal structure would have to go to DIA committee and subsequently to the DIA Board for final approval, and may also require City Council approval depending on what the developer requests.”
Columbia Ventures will have to submit its designs to the DDRB for final approval before moving forward.
By Michele Leivas
Resident Community News
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