In the central core, SouthEast Group completed a two-year restoration of one of Jacksonville’s most prestigious addresses. The 18-story tower now features 107 loft-style residential apartments overlooking downtown Jacksonville and the St. Johns River. The mixed-use building also houses the University of North Florida’s Center for Entrepreneurship and Innovation and The Jacksonville Business Journal, with a Chase Bank branch and Vagabond Coffee locations on the horizon. The University of North Florida opened a satellite campus in early 2019, with retail and 100 working-class-to-market rate apartments to open in the summer.
Investment: $53 million
This six-story, 264 unit apartment complex offering studio, one-, two- and three-bedroom units. The complex consists of two residential buildings, one fronting the St. Johns River and another fronting Prudential Drive. Community amenities include a pool, courtyard, game areas, a social clubroom, billiards lounge, pet-grooming spa, and a health club that will feature yoga and spin studios as well as top-grade fitness equipment.
This four-story, 862-space parking garage is located in Brooklyn and includes an urban open space complete with landscaping, street furnishings and future plans for public artwork display. The parking garage meets increased parking demands in Brooklyn and supports existing and proposed retail businesses and restaurants on Riverside Avenue near Park Street by adding 700 spaces available to the public on nights and weekends. Furthermore, the new development freed Florida Blue’s riverfront surface lot at 323 Riverside Ave. for a new development: FIS Headquarters, which is slated to create 500 additional jobs.
Investment: $20 Million
The new multimodal station for all public transit in the region integrates a 40,000 SF JTA bus transfer facility, the First Coast Flyer Bus Rapid Transit (BRT), Skyway/U2C, rideshare and bike share, and a 10,000 SF Intercity Bus Terminal, Greyhound and MegaBus.
Investment: $57.3 Million
The Lofts at Brooklyn is a new, affordable community in the heart of Brooklyn. This Vestcor development offers a wide array of studio, one, two and three-bedroom apartments. Each home is equipped with amenities that will reflect both functionality and practicality. Contemporary kitchens, stylish appliances, impressive floor plans, and spectacular views are just some of the amenities residents will enjoy. Lofts at Brooklyn not only offers ideal in-home features, it also provides its residents with unmatched perks within the community. Enjoy a fitness center, clubroom and resident lounge with billiards tables. Controlled access entry, superb on-site maintenance and an accommodating animal-friendly policy ensure the comfort of residents.
Investment: $28 Million
This new affordable community is located in Downtown Jacksonville and provides a variety of amenities including a resident lounge, fitness center and an internet cafe all within a great location. Developed by The Vesctor Companies, Inc., Lofts at LaVilla offers a 130-unit affordable multifamily community consisting of studio, 1, 2- and 3-bedroom apartments. This five-story building includes four residential floors over one floor of parking and amenities/leasing and retail. The property includes 165 total parking spaces (including 21 off-street spaces) and is inside the “LaVilla” overlay district. It’s located within 500’ of the Jefferson Station of the Automated Skyway Express.
Investment: $22 Million
Vestcor recently completed the Lofts at Jefferson Station, a transit-oriented development that consists of 133 new multi-family apartment units in the LaVilla neighborhood. The new development boasts spacious studio, 1, 2, and 3 bedroom floor plans. Residents enjoy a variety of amenities including an internet cafe, fitness center, outdoor space, a resident lounge with a billiards table, and a club room with tvs and a kitchen. The Lofts at Jefferson Station are located adjacent to the skyway, with easy access to the central core and Brooklyn districts. The mixed-income Affordable Housing development provides housing for a variety of household income ranges.
Investment: $28 Million
This second-phase addition to the Lofts at LaVilla, also developed by Vestcor, added an additional 108 multi-family units and is a brand-new affordable community located in Downtown Jacksonville providing a variety of amenities including a resident lounge, fitness center, internet cafe, dog walk area all within a great location. This five-story building includes four residential floors over one floor of parking and amenities/leasing and retail. The property includes 129 total parking spaces (including 11 off-street spaces) and is inside the “LaVilla” overlay district.
Investment: $20 Million
Located in the Southbank district, within walking distance from San Marco Square, SoBA is positioned near highly desirable dining, shopping, and entertainment with direct access to Jacksonville’s finest medical institutions, thriving art scene and bustling Central Business District. This new rental apartment facility includes 143 residential rental units offering one, two, and three-bedroom apartment homes with open-concept floor plans and sophisticated finishes. Resident amenities feature a vibrant pool with semi-private cabanas, 24-hour fitness club, grand clubroom with co-working spaces; plus, as a pet-friendly community, SoBA offers a self-service dog grooming spa.
Investment: $24 Million
Opened June 2021, this 308-unit apartment building features a rooftop pool, beer garden, dog park and more. Monthly rents range from $1,340 to $3,790. The building includes 13,000 SF of ground-level retail and 450-space parking garage.
Investment: $80 Million
Jacksonville’s largest credit union relocated its headquarters and 1,000 employees Downtown in 2019. VyStar Credit Union purchased the 23-story high-rise at 76 S. Laura Street and adjacent garage for $59 million in July 2018 and purchased the neighboring seven-story 100 W. Bay Building for $5 million in February 2019. The credit union is infusing more than $15 million in renovations into 100 W. Bay, with retailers Bread & Board Provisions and Peterbrooke Chocolatier located on the first floor. In addition, the credit union worked with Art Republic to install public art throughout its parking garage and plans to create pop-up experiences in its alleyway. Vystar was also the successful bidder to acquire a City parcel located at the corner of Forsyth and Main and on which the company plans to build a parking garage with associated retail.
Investment: $100+ million
Augustine Development Group purchased five lots totaling 1.5 acres for $5.4 million in July 2018. The group has begun work to convert the long-vacant, historic Ambassador Hotel into a 120-room hotel property with a nationally recognized flag. The phases following include plans for a 200-unit apartment building (known as the Central National Bank building) and parking garage to further benefit the needs of the Independent Life Insurance Building renovation, also underway on the same street.
Investment: $18.5 million (hotel only)
The Baptist Convention building was constructed in 1924, by Jacksonville famed Architect Henry John Klutho, and is a National Historic Landmark Building. The building has been abandoned for approximately 40+ years and will follow NPS guidelines for historic renovations. JWB Real Estate Companies will convert the Baptist Convention Building to a mixed-use facility, comprised of two future mercantile suites, future restaurant spaces, and 24 studio and 1-bedroom apartments.
Investment: $10.8 Million
In Spring 2019, Jacksonville City Council approved Groundwork Jacksonville’s Emerald Trail Master Plan to create a 30-mile network of bicycle and pedestrian trails that will connect Downtown to 14 historic neighborhoods, 18 schools, two colleges and nearly 30 parks. Phase one is a 1.3-mile “Model Project” to connect the existing S-Line Rail Trail in Springfield to the Prime Osborn Convention Center in LaVilla. The Emerald Trail is estimated to cost $31 million, plus land acquisition, and take 10 years to complete. groundworkjacksonville.org/emerald-trail
The Federal Reserve Building was constructed in 1923, and is a National Historic Landmark Building. The building has been abandoned for approximately 40+ years and will follow NPS guidelines for historic renovations. JWB Real Estate Companies will convert the Federal Reserve building into a mixed-use development including restaurant, business, and banquet space, along with an exterior courtyard for outdoor dining.
Investment: $7.6 Million
In 2019, global fin-tech leader, FIS acquired Worldpay, one of the world’s leading global eCommerce and payment technology companies, making FIS a $12 billion company with 55,000 employees. FIS is building a new, 12-story, 300,000-square-foot headquarters to support its growth in the Brooklyn District. FIS will consolidate its current headquarters and local offices and plans to hire an additional 500 employees by 2029, bringing its Jacksonville workforce to approximately 1,800 employees.
Investment: $145 million
Augustine Development Group purchased the building—now designated a local Historic Landmark—in October 2019 for $3.7 million, with plans to invest more than $30 million in the redevelopment of the property. The developer announced plans to renovate the 18-story, 165,000 square foot building at 233 W. Duval St. to include a 21,000-square-foot grocery store, 140 market-rate apartments and a 10,000 square foot rooftop restaurant, lounge and pool.The Developer proposes to construct a structured parking facility to serve the needs of this property as well as the redevelopment of the Ambassador Hotel and apartments along the same street. The development is projected to create 100 jobs over 14 months including 55 in the grocery store, 25 in the restaurant, 10 building maintenance staff, and 10 leasing personnel.
Investment: $30 million
Minneapolis-based Ryan Companies US Inc. will build a new, 162,000-square-foot headquarters for Jacksonville’s public utility in the Central Core at 325 W. Adams St. Ryan acquired 1.5 acres for $2.6 million in June 2019. Plans call for an adjacent 657-space garage with 10,690 square feet of activated ground floor space. The office tower and parking garage, developed by Ryan Companies US Inc., will sit on one city block, bounded by Adams, Monroe, Pearl and Julia streets adjacent to the Duval County Courthouse. JEA will lease the building from Ryan upon completion.
Investment: $72.2 million
Rivers Edge —with its vision for sustainable design—will encourage a healthy lifestyle and diversity. The development is slated to bring 950 residential units, 147 hotel rooms, 200,000 square feet of office space, 134,000 square feet of retail, a 125-slip marina and more than four acres of public park space to the long-vacant, 30-acre JEA site on Downtown’s Southbank.
Investment: $535 million
Georgia-based Rise Properties LLC is constructing a 247-unit building with first floor retail, rooftop amenities and a 284-space garage and will be the first major multifamily residential property in the Sports & Entertainment district. A feature wall will incorporate materials and architectural features that were found on the original Doro building. The former Forsyth Street right-of-way adjacent to the site is expected to create a destination for outdoor social activities including markets, culture, and entertainment all year around.
Investment: $65 Million
This apartment facility will include 185 residential rental units and an elevated, resort-style pool and deck on the third floor overlooking the river and downtown.
DIA incentivized this development under the condition that a new 20’ wide multi-use path be provided that connects to an expanded Riverwalk. Both the Riverwalk and multi-use path are going to be designed and constructed by the Developer for the public benefit.
Investment: $37 Million
Located on the south side of West Forsyth Street between Main and Laura streets, the VyStar Parking Garage will provide parking for the 1,000 employees VyStar Credit Union relocated to its headquarters campus Downtown, the nearby Barnett and Laura Street Trio projects and the general public. The seven-story, 280,804 square-foot parking garage will provide 780 parking spaces as well as 13,169 square-feet of ground-floor retail space.
Designed by Dasher Hurst Architects, the project will be built by Danis Construction.
Investment: $22 Million
The new seven-story, 250,000 SF critical care tower will serve as the “new front door” to both Wolfson Children’s Hospital and Baptist Medical Center and offer 75 new neonatal intensive care beds and 26 pediatric intensive care beds.
Investment: $187 Million
Plans call for a mixed-use residential with about 185 apartments and 12,000 square feet of commercial retail space. Developer could file for City incentives fall 2021, with a potential groundbreaking occuring the fourth quarter of 2022 or first quarter of 2023.
Investment: $40-45 Million
Augustine Development Group plans to renovate this building, originally built in 1927, at 404 North Julia Street and construct a new, eight-story apartment building with an attached eight-story parking deck. Plans call for the renovation of the former bank into the main lobby of the complex to include an additional 36 residential apartments within the historic structure and add a projected 5,769 square-feet of commercial/retail space on the ground floor, including 3,240 square-feet of leasable space projected to be occupied by a fitness center.
The new construction proposes an eight-story residential apartment complex that will provide 103 apartments along with an eight-story parking deck which will provide an estimated 450 parking spaces.
Investment: $52.5 million (renovation and new construction)
In October of 2021, the Jacksonville City Council approved plans for a 176-room Four Seasons hotel with 25 residences, a 157,027 square-foot class A office tower and a City-owned marina. The five-star hotel will include resort amenities such as a spa, pool and meeting spaces.
Plans include a $4 million investment to Metropolitan Park.
Investment $301.2 Million
This project includes the historic renovation and new construction for about 100 market-rate residential units and about 10,000 square feet of retail/office space. Developer Ace Jax LLC want to demolish the former Farah’s Uptown Deli building at Hogan and Church Streets and build a six- to seven-story multi-family addition with about 60 apartments. The seven-story, almost 38,000-square-foot Jones Bros. building, built in 1926, would have about 30 residential units.
Investment: ~$30 Million
The Trio comprises of the 108-year-old Florida Life Building, the 111-year-old Bisbee Building and the 118-year-old Florida National Bank. Renovation will begin on the Laura Street Trio buildings adding a 140-room Marriott Bonvoy-Autograph Collection Hotel (including 86 hotel rooms in the historic buildings), a high-end “Sophisticated Southern” restaurant, a rooftop bar and parking garage.
Investment: $70.4 Million
MOSH plans to construct a new, 75,000 SF – 130,000 SF museum on the Shipyards property with offerings including a walk-through aquifer exhibit and a water quality bio-lab. The project also includes associated parking and a private outdoor exhibit space. Additionally, a publicly accessible Riverwalk and public park space will be designed by the Developer.
Investment: $85 Million
The developer has proposed mixed-use project with retail, office, restaurant and apartment at the 18-acre former Florida-Times Union site which would be developed concurrent with the day-lighting and restoration of McCoy’s Creek. Phase 1 will include 271 multi-family units, 39,256 SF of retail (including a grocer and riverfront restaurant) and a parking garage. Phase 2 will include 125 multi-family units and 15,000 SF of retail.
Investment: $182.2 Million
Redevelopment plans for the Porter House Mansion project include a minimum of 4,300 sq. ft. of shell retail/restaurant space and 10,000 square feet of office space. Developer will be renovating floors 1-3, approximately 10,000 square feet, for a single office user. The basement, approximately 4,300 square feet, will be renovated into a cold white shell for a future restaurant. Renovations include, but are not limited to, adding an ADA lift, replacement of an egress stairwell, interior ADA work, fire alarm, sprinkler system, interior bathroom remodel, siding repair, and paint.
Investment: $3 Million
After a seven-month process, a tremendous amount of public engagement and three outstanding designs, the Perkins&Will design team was named winner of the Riverfront Plaza (FKA The Landing) Design Competition. The winning design – dubbed One Park Jax – boasts a central lawn, a destination play space, a river terrace, a park pavilion building, a hotel and sky garden, which includes outdoor dining options, a bike and pedestrian connection to the Main Street bridge, and an iconic sculpture situated atop civic stairs that is undeniably unique and authentic to Jacksonville.
Two acres of the Riverfront Plaza space will be reserved for development.
To learn more about the Perkins&Will design, visit: https://dia.coj.net/News/Perkins-Will-Wins-Riverfront-Plaza-(FKA-The-Landin.
Investment: To Be Determined
The Riverfront Plaza development pad is proposed to be a vertically mixed-use development which will require that a restaurant space be incorporated into the development. Some hotel rooms envisioned in addition to possible office or residential. The development will enjoy views of the Riverfront Plaza park and the St. Johns River. A notice of disposition for the site is anticipated to be published early 2022 with plans to award by April to facilitate Developer coordination with the final Riverfront Plaza park design.
This project includes the development of a 325-unit, multi-family property located on the riverfront of Downtown’s Southbank. The development will boast multiple amenities and mixed-use components including two rooftop lounges for residents, a restaurant open to the public and a ship’s store to serve the boat ramp and marina. 20 out of 29 the marina slips will be made available for public transient use, with ten limited to four-hour use and ten made available for 48-hour use. The nine remaining slips will be used at the discretion of marina management, and the option to rebuild additional dockage will remain open.
Investment: $85 Million