City bond sale generates record $245 million for capital improvements

The City of Jacksonville recently sold $245 million worth of municipal bonds at an average interest rate of 2.22%, a new record for the City, Mayor Lenny Curry’s office announced Aug. 21. Within this bond issue, the City was also able to save taxpayers more than $25 million by refinancing higher rate bonds at substantially […]

City Council approves zoning for Riverside Village

City Council approves zoning for Riverside Village

The Jacksonville City Council approved the rezoning of four parcels on Riverside Avenue near Memorial Park that will allow the development of Riverside Village, with two restaurants and several residential units. The property, owned by Dr. Frank Schiavone, was rezoned as a Planned Unit Development (PUD) to allow for a liquor license for one of […]

Post Street brewery approved by City Council

The Post-Modern Brewery project was approved last month by the City Council and final plans are being drawn up to renovate the long-vacant building into a craft brewery.  Home brewers Andrew Suslak and Brandon Merkle, owners of the property at 2951 Post Street, hope to open the brewery and taproom next spring.  The 1,400-square-foot building, […]

Deadline nears for developers to determine future of The District

San Marco’s Peter Rummell and Michael Munz, partners in Elements Development, have until Sept. 30 to make a decision about the future of their 30-acre Southbank project The District.  First unveiled in 2014, The District is an ambitious proposal to transform the riverfront land formerly occupied by JEA’s Southside Generating Station into a multi-use development […]

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