DIA

City Council Considers Incentives for “More Ambitious” Development

City Council Considers Incentives for “More Ambitious” Development

A $58.79 million incentives package is going before the Jacksonville City Council for Miami-based Related Group’s proposed Southbank development. The 3.02-acre parcel, located at 835 Museum Cir., was the site of former local landmark River City Brewing Company, which was demolished in July 2022 to clear the way for Related’s intended development. Progress on the […]

DIA Still “Willing and Able” to Discuss Negotiations for Laura Street Trio

DIA Still “Willing and Able” to Discuss Negotiations for Laura Street Trio

The door remains open for negotiations between the Downtown Investment Authority (DIA) and the developer for the Laura Street Trio following a pair of DIA board and committee meetings last month. Conversations regarding funding for the massive historic renovation and adaptive reuse of the three buildings have continued between the City of Jacksonville and SouthEast […]

Laura Street Trio Awaits Next Steps

Laura Street Trio Awaits Next Steps

Historic properties require unique financing The future of the Laura Street Trio remains in limbo as parties return to the drawing board to settle on a redevelopment agreement to help fund its adaptive reuse and restoration. New year, new deal At a Committee of the Whole meeting on Jan. 4, representatives from the development team […]

Bay Street Staging Area Tees Up Park Street Road Diet

Bay Street Staging Area Tees Up Park Street Road Diet

The Downtown Investment Authority (DIA) Board gave its unanimous approval at a Jan. 17 board meeting to temporarily lease an estimated two-acre parcel of land on Bay Street for JEA to use as a construction easement for one year. The parcel would be used as a staging area for the installation of chilled water lines […]

Board Clears Pearl Street District Final Design

Board Clears Pearl Street District Final Design

Pearl Street District, the mixed-use development proposed by Gateway Jax, received final approval from the Downtown Development Review Board (DDRB) last month for three of the five blocks included in its overall project. DDRB granted final approval of the project as a whole in October. With this phase of city review now completed, the project […]

Becoming a Better Bold City

Becoming a Better Bold City

Downtown Vision, Inc. (DVI) released its 2023 State of Downtown Report in October. This annual report encompasses an 18-month timeframe from January 2022 to June 30, 2023, and analyzes Downtown Jacksonville’s “performance in key indicators of urban revitalization, such as development and investment, residential demand, office market and employment base, transportation enhancement and tourism health” […]

Grant Approval Recommended for Cady Club in San Marco

Grant Approval Recommended for Cady Club in San Marco

At its December meeting, Jacksonville’s Downtown Investment Authority (DIA) recommended approval for grant funding for a new coffee shop and cocktail lounge planned for San Marco’s Kings Avenue. According to the DIA agenda packet, there are plans for tenant improvements at 1015 Kings Avenue for 9,300 square, split evenly across two stories for a “coffee […]

Budget Bumps to $65.6M for Autonomous Vehicles

Budget Bumps to $65.6M for Autonomous Vehicles

An update on the Ultimate Urban Circulator Program At its September meeting, the Jacksonville Transportation Authority (JTA) board approved an additional $15.5 million in the budget for the Bay Street Innovation Corridor (BSIC) – the first of three phases in its Ultimate Urban Circulator (U2C) program. This brings the BSIC budget to $65.6 million. JTA […]

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