Downtown Investment Authority

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 […]

Bisnow hosts “Jacksonville State of the Market”

Bisnow hosts “Jacksonville State of the Market”

Expert panelists discuss factors in Jacksonville’s commercial real estate A panel of commercial real estate experts spoke on several industry topics at the Jacksonville State of the Market event on Wednesday, March 15. The event was hosted by Bisnow, a worldwide business-to-business platform for the commercial real estate industry, and held at The River Club […]

George Saoud joins DIA Board of Directors

George Saoud joins DIA Board of Directors

Lawyer, real estate entrepreneur and small business owner George Saoud is the newest appointment to Jacksonville’s Downtown Investment Authority (DIA) Board of Directors. Appointed by Mayor Lenny Curry, Saoud is set to replace Todd Froats. Saoud’s first full term will expire June 30, 2026. He has served as the in-house legal counsel for Fidelity National […]

Stewarding the urban core: The Emerald Trail dream becomes reality

Stewarding the urban core: The Emerald Trail dream becomes reality

Creating a trail encircling Jacksonville’s urban core and its surrounding historic neighborhoods is no longer just a pipe dream. Local nonprofit Groundwork Jacksonville has raised funds and work has begun on The Emerald Trail, a 30-mile urban trail that will engage, educate and inspire residents and visitors alike. The trail will highlight the geographic diversity […]

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