The first site to break ground in Pearl Square, Block N11 will be a seven-story building at 515 N. Pearl St. to emerge as a 21,000-square-foot mixed-use project with ground-floor retail and 205 apartment units. It broke ground in October 2024. This first parcel marks the start of construction of Gateway Jax’s Pearl Street District, which covers five blocks in Downtown’s NorthCore.

Block N11 received a $9.06 million REV grant and $4.63 million completion grant from the Downtown Investment Authority for a minimum six-story building with at least 194 residential units and 21,333 square feet of leasable retail space. The block is bounded by Ashley, Pearl, and Church streets, as well as the historic Porter Mansion.